Cross-border deals do not work: Zurich Insurance

Posted On: Nov. 29, 2019 5:02 AM CST

Mario Greco, chief executive of Zurich Insurance Group Ltd., said that the European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, Ottawa Citizen reported citing La Stampa. Insurers that can adapt to their customers' fast-changing demands will survive, Mr. Greco said.