Zurich Insurance International Exclusive Agency for
Banks, Financial Institutions and Corporates
ZURICH Group Germany
To know us better
Operating since 1875 in Germany
34 of 40 of DAX listed companies
insured by Zurich
~ 4.400 employees
Exclusive insurance partner of Deutsche Bank and Postbank (starting 2023)
Premium collection of ~ € 5,9 Mrd. in 2020
Capital investments > € 51 Mrd.
Achieving regularly top scoring in product rating
ZURICH Financial Strengh
Rating: Source: www.zurich.com/en/investor-relations/ratings Status 22.03.2021
Financial strength rating
S&P
Moody’s
A.M. Best
Zurich Insurance
Public Limited Company
AA / stable
n.r.
A+ / stable
BANKS can use credit insurance (*) to:
• Mitigate credit risk;
• Reduce the provisions required for risk-based capital.
As a result, this allows banks and financial institutions to obtain financing at better conditions for an improved credit profile.
The use of insurance coverage can offer several benefits in relation to the rating of the issuing insurer, including:
• Optimization of risk-based capital;
• Increasing profitability margins.
(*): Reference to Regulation (EU) No. 575/2013 (Capital Requirements Regulation, so-called CRR) and Directive 2013/36/EU (Capital Requirements Directive 4, so-called CRD 4), which transpose into European Union law the standards defined by the Basel Committee on Banking Supervision (so-called Basel 3 framework); Opinion of the EBA on the treatment of credit insurance in the prudential framework EBAOp-2020-05.
ZURICH Credit Lines
for Banks, Financial Institutions and Corporates
Protecting. Enhancing. Optimizing.
One program
Powerful
Pragmatic
Logic
A set of different insurance tools:
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trade credit
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surety
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special risks
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top up
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excess of loss
> For Banks and Financial Institutions
> For Corporates
Tailored to the needs and expectations of our customers.
This is Zurich Credit Lines.
Trade Credit Insurance
Our commercial credit insurance protects receivables against insolvency or unwillingness to pay from supplies of goods and services to commercial customers in the European Union and abroad.
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Trade credit insurance for corporates: protection against insolvency and protracted default of customers.
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Trade credit insurance for banks; sharing risk towards non payment, enhancing credit evaluation capability **.
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Basic Finance Whole turnover
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Basic Finance Selective risks
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Basic Finance Single risk
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Zurich Additional Credit Contract (ZACC)
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Zurich Additional Credit Contract Plus (ZACC Plus)
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Capital goods Credit Insurance (IKV)
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Excess of Loss Insurance (XoL)
(**): Reference to Regulation (EU) No. 575/2013 (Capital Requirements Regulation, so-called CRR) and Directive 2013/36/EU (Capital Requirements Directive 4, so-called CRD 4), which transpose into European Union law the standards defined by the Basel Committee on Banking Supervision (so-called Basel 3 framework); Opinion of the EBA on the treatment of credit insurance in the prudential framework EBAOp-2020-05.
Surety Insurance
For Corporates: standard insurance solutions, provided by one of the world's leading insurance companies.
For Banks and Financial Institutions: insurance surety products with different solutions **.
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Bid bond Guarantee
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Advanced payment Guarantee
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Contract performance Guarantee
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Defect warranty Guarantee
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Custom Bond
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Mineral oil Guarantee
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Guarantee based on emissions standards
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Travel price Guarantee
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National and international standard Guarantees