Zurich 'half way to $1.5bn savings target': Greco

Zurich will have cut $700mn from its cost base by the end of
2017, according to CEO Mario Greco.
This means by the end of the year the firm will be almost half
way towards meeting its ultimate goal of achieving $1.5bn in
savings from its 2015 baseline by 2019.
The CEO told Swiss daily Neue Zuercher Zeitung his firm was
"on track".
He added: "It is a challenge because we must simultaneously
cut costs as well as invest.&quot...