Michel Lies - Zurich Insurance Independent Non-Executive Chairman of the Board

ZURVY Stock  USD 48.07  0.44  0.91%   

Chairman

Mr. Michel M. Lies is Independent NonExecutive Chairman of the Board of the Company. Michel Lies has 40 years experience in global insurance and reinsurance, life insurance, and property and casualty insurance. He has held a number of positions in the industry, including Group CEO of Swiss Re. He began his career at the reinsurer in 1978, working first in the life market in Latin America before moving to Europe in 1983, where he held a number of senior positions within Swiss Res life businesses. In 1994 he moved into Swiss Res nonlife sector, with responsibility for southern Europe and Latin America. From 1998 he served as Swiss Res Head of Latin America Division until 2000, when he was appointed Head of the Europe Division of its Property Casualty Business Group. In 2005 he became Swiss Res Head Client Markets with responsibility for client relationships worldwide, and was also appointed as a member of the reinsurers Group Executive Committee. From 2011 to 2012 Mr. Lies served as Swiss Res Chairman of Global Partnerships, which works with governments, international development bodies and nongovernmental organizations to mitigate and address global risks and increase resilience. He was appointed Swiss Res Group CEO in February 2012 and served in that role until his retirement from Swiss Re in 2016. He became Chairman of the Board of Zurich Insurance Group Ltd and Zurich Insurance Company Ltd in April 2018. since 2018.
Age 64
Tenure 6 years
Phone41 44 625 25 25
Webhttps://www.zurich.com

Zurich Insurance Management Efficiency

The company has return on total asset (ROA) of 0.0114 % which means that it generated a profit of $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1633 %, meaning that it generated $0.1633 on every $100 dollars invested by stockholders. Zurich Insurance's management efficiency ratios could be used to measure how well Zurich Insurance manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 13.97 B in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Zurich Insurance has a current ratio of 1.54, which is within standard range for the sector. Debt can assist Zurich Insurance until it has trouble settling it off, either with new capital or with free cash flow. So, Zurich Insurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Zurich Insurance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zurich to invest in growth at high rates of return. When we think about Zurich Insurance's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CHAIRMAN Age

Douglas SteenlandAmerican International Group
69
Robert MillerAmerican International Group
74
Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. Zurich Insurance Group AG was founded in 1872 and is based in Zurich, Switzerland. Zurich Insurance operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange. It employs 56000 people. Zurich Insurance Group [ZURVY] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Zurich Insurance Leadership Team

Elected by the shareholders, the Zurich Insurance's board of directors comprises two types of representatives: Zurich Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zurich. The board's role is to monitor Zurich Insurance's management team and ensure that shareholders' interests are well served. Zurich Insurance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Zurich Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
MBA BS, CEO Committee
Michel Lies, Independent Non-Executive Chairman of the Board
George Quinn, CFO and Member of the Group Executive Board
Richard Burden, Head Investor Relations & Rating Agency Management
Ericson Chan, Group Committee
Cecilia Reyes, Chief Risk Officer, Regional Chairman of Asia Pacific and Member of Group Management Board
Susan Bies, Non-Executive Member of the Board of Directors
Mike Foley, Member of the Executive Board, CEO of North America Commercial and Regional Chairman of North America
James Shea, CEO Commercial Insurance, Member of the Executive Committee
Catherine Bessant, Non-Executive Independent Director
Joan Amble, Non-Executive Member of the Board of Directors
David Nish, Non-Executive Member of the Board of Directors
Jack Howell, CEO Asia Pacific, Member of the Executive Committee
Tulsi Naidu, CEO Committee
Axel Lehmann, Regional Chairman of Europe, Middle East and Africa and Member of Group Management Board
Isabelle Welton, Member of the Executive Committee, Chief Human Resources Officer
Kishore Mahbubani, Non-Executive Member of the Board of Directors
Alison Martin, Group Chief Risk Officer, Member of the Executive Committee
Fred Kindle, Vice Chairman of the Board
Alison Carnwath, Member of the Board of Directors
Monica MaechlerErne, Non-Executive Member of the Board of Directors
Mario Greco, Group CEO and Member of the Executive Committee
Amanda Blanc, CEO - Europe, Middle East & Africa
Peter Giger, Group Committee
Rafael Pino, Non-Executive Member of the Board of Directors
Rafael CalvoSotelo, Non-Executive Member of the Board of Directors
Tom Swaan, Chairman, Interim CEO, Chairman of Governance and Nominations Committee and Member of Remuneration Committee
James Quin, Head of Investor Relations & Rating Agencies
Yannick Hausmann, Member of the Executive Board, Group General Counsel
Urban Angehrn, Member of the Executive Committee, Chief Investment Officer
Jeffrey Hayman, Non-Executive Member of the Board of Directors
Claudia Dill, CEO Latin America, Member of the Executive Committee
Christoph Franz, Non-Executive Member of the Board of Directors
Thomas Escher, Non-Executive Member of the Board of Directors
Robert Dickie, Member of the Executive Board, COO, CTO
Gary Shaughnessy, CEO EMEA (Europe, Middle East & Africa)
Sierra Signorelli, CEO Committee
Monica Maechler, Non-Executive Member of the Board of Directors
Geoffrey Riddell, Regional Chairman of Asia-Pacific, Middle East and Africa and Member of Group Management Board
Michael Kerner, Member of the Executive Board, CEO - General Insurance
Kristof Terryn, Member of Group Management Board and CEO of General Insurance
Jeffrey Dailey, Member of the Executive Board, CEO of Farmers Group, Inc.
Kathleen Savio, North America CEO-Designate
Dame Carnwath, Non-Executive Independent Director
Don Nicolaisen, Non-Executive Member of the Board of Directors

Zurich Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Zurich Insurance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Zurich Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Zurich Insurance's short interest history, or implied volatility extrapolated from Zurich Insurance options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zurich Insurance Group. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Zurich OTC Stock analysis

When running Zurich Insurance's price analysis, check to measure Zurich Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zurich Insurance is operating at the current time. Most of Zurich Insurance's value examination focuses on studying past and present price action to predict the probability of Zurich Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurich Insurance's price. Additionally, you may evaluate how the addition of Zurich Insurance to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Please note, there is a significant difference between Zurich Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zurich Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zurich Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.