Mario Greco - Zurich Insurance Group CEO and Member of the Executive Committee

ZFSVF Stock  USD 618.27  6.27  1.02%   

CEO

Dr. Mario Greco is Group Chief Executive Officer and Member of the Executive Committee of Zurich Insurance Group Ltd since March 7, 2016. Mario Greco joined Zurich in March 2016 as Group Chief Executive Officer and member of the Executive Committee. Mr. Greco started his professional career in management consulting, working in McKinsey Companys Milan office from 1986 until 1994, where he became a partner in 1992 and subsequently a partner leader in the insurance segment. In 1995, he joined RAS in Milan as head of the claims division. He became general manager in charge of the insurance business the following year. In 1998, he was appointed managing director and in 2000, he became the companys CEO. At the end of 2004, Mr. Greco joined Allianz AGs executive board, with responsibility for France, Italy, Spain, Portugal, Greece and Turkey. In April 2005, he joined the Sanpaolo IMI Group in Milan as CEO of EurizonVita and in October 2005, he was appointed CEO of Eurizon Financial Group. From 2007 to 2012, he served at Zurich, first as CEO Global Life and from 2010, as CEO General Insurance. In 2012 he was appointed CEO of Generali. Mr. Greco is a board member of The Geneva Association, a member of the board of trustees of the Lucerne Festival and a member of the International Advisory Council of Bocconi University since 2016.
Age 64
Tenure 8 years
Phone41 44 625 25 25
Webhttps://www.zurich.com
Greco holds a bachelor degree in economics from the University of Rome and a master degree in international economics and monetary theory from Rochester University.

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.
Zurich Insurance Group 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 1 records

CEO Age

David GansbergArch Capital Group
51
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 Fincl operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange. It employs 56000 people. Zurich Insurance Group [ZFSVF] 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
Sierra Signorelli, CEO Committee
George Quinn, CFO and Member of the Group Executive Board
Mario Greco, Group CEO and Member of the Executive Committee
Ericson Chan, Group Committee
Kristof Terryn, Member of Group Management Board and CEO of General Insurance
Jeffrey Dailey, Member of the Executive Board, CEO of Farmers Group, Inc.
Tulsi Naidu, CEO Committee
Peter Giger, Group Committee
Alison Martin, Group Chief Risk Officer, Member of the Executive Committee

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.

Currently Active Assets on Macroaxis

Other Information on Investing in Zurich OTC Stock

Zurich Insurance financial ratios help investors to determine whether Zurich OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zurich with respect to the benefits of owning Zurich Insurance security.