The giant left the market, and Zurich Insurance Group announced that it would stop selling life insurance in the United States

©️Zurich Official Website

Zurich Insurance Group Ltd.(Zurich Insurance Group Ltd, ZURN), commonly referred to as "Zurich", is the largest insurance company in Switzerland, headquartered in Zurich, Switzerland, with a history of 150 years.In the past, Zurich Insurance America Branch provided a wealth of life insurance andWealth managementservice.

In the Chinese community, Zurich Insurance in the United States has provided life insurance products and wealth management services to high-net-worth Chinese families around the world (including in the United States) for many years.

The Life TankAnalyst Jin believes that the extremely fierce product competition in the U.S. life insurance market in recent years, coupled with rising comprehensive costs, may become the two main reasons for the withdrawal of giants.

Zurich Insurance Group’s announcement pointed out that with the integration of the business, past policy accounts will not be affected, and Zurich Insurance Group will continue to provide services for policies that have been underwritten and in force. (full text)

(>>>Related news:"Filling out the policy application form dishonest? "The well-known international insurance giant and the insured family confronted Bo in court )