Zurich Insurance CFO Says Big Mergers Disrupt Business: CNBC

www.oann.com | 2/11/2016 | Staff
cute16 (Posted by) Level 3
ZURICH (Reuters) – Zurich Insurance Group will focus on operational improvements and bolt-on acquisitions, its finance chief said on Wednesday, adding mega-mergers disrupt business and rarely provide value to investors.

“I think the challenge for insurance companies is that our business is typically quite local, and I think if you do these large, global merger transactions you disrupt at least one, maybe...
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