PROFILE |
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Life is a risky business, a fact that "Winterthur" Swiss Insurance Company, a subsidiary of Credit Suisse Group, banks on. The company offers life and non-life insurance, including major risk policies, as well as financial products such as pensions and mutual funds, to individuals and businesses. While Winterthur offers its products worldwide, Europe accounts for 80% of the company's premiums. Winterthur has bought Australian insurer Colonial's UK life business as part of a strategy to build its retail customer base in Europe. It has also taken an equity stake in one of China's largest life insurers, Tai Kang Life, and sold off its corporate risk management business, Winterthur International, to XL Capital.
COMPETITION |
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Allianz AG (AZ)
Prudential plc (PUK)
Zurich Financial Services (ZURN)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 23,183.70
1-Yr. Sales Growth: 5.9%
Employees: 28,722
Revenue per employee: $807,175.68
KEY PEOPLE |
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Thomas Wellauer
CEO
Erwin W. Heri
CFO
CONTACT INFO |
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General Guisan-Strasse 40
CH-8401 Winterthur Zurich, Switzerland
Phone: 41-52-261-1111
Fax: 41-52-213-6620
Online: Web Site
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