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Zurich Insurance nearly halfway to cost-cutting goal of US$1.5b
Published Sun, Oct 8, 2017 · 09:50 PM
Zurich
ZURICH Insurance will have cut costs by US$700 million by the end of the year, nearly halfway to its goal to save US$1.5 billion by 2019, chief executive Mario Greco said in an interview published on Saturday.
"We're on track," Mr Greco told the daily Neue Zuercher Zeitung. "It's a big challenge, because we must simultaneously cut costs as well as invest."
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