Automotive Did You Know…

Total Page:16

File Type:pdf, Size:1020Kb

Automotive Did You Know… Automotive Did you know… Almost all cars worldwide rely on at least one key component developed in Luxembourg. Automotive Taking to the road with Luxembourg at your side Car manufacturers source components Smart solutions for driving The majority of from Luxembourg suppliers and Hyundai-Kia vehicles Cebi Luxembourg is Europe’s leading with more than 50 different nationalities designed for the US market working in the sector, companies have supplier of thermistors, heat-sensing electronic components found in several are equipped with easy access to well-trained engineers an occupant classification to develop multilingual, multicultural locations in every car, including the system developed customer support teams. This means cylinder heads, radiator, coolant hoses, that international clients are able fuel pipes and the engine’s air intake. in Luxembourg. to receive the service they need With over 300,000 finished products conveniently in their own language leaving its factory in Luxembourg every and with an understanding of their day, the company supplies 90% of business culture. Europe’s car makers. International collaboration Driving innovation Hidden tread in R&D The automotive industry is constantly The Goodyear Innovation Center In 2013, Luxembourg-based sensing adapting to new requirements to build Luxembourg (GIC*L) is known for its high specialist IEE was taken over by a consortium of Chinese industrial and strategic investors. safe, clean and connected vehicles. With level of innovation. One example is the new The company has strengthened its market each and every diversification requiring Fuelmax, Goodyear’s most fuel-efficient truck tyre range. It includes the IntelliMax share in Europe and the United States, while more R&D, innovation is a key factor for gaining a foothold in the growing Asian Groove Technology, whereby a “hidden” ensuring the competitiveness and automotive market. success of the automotive components tread pattern is molded in the tyre and a industry. Luxembourg is well positioned new pattern appears as the initial tread IEE collaborates with the Automation Research Group of the University of Luxembourg’s in important areas of R&D such wears. This ensures that high levels Interdisciplinary Centre for Security, Reliability as electronics and sensors, Advanced of grip and low rolling resistance are maintained. When wear progresses to 50%, and Trust (SnT). In 2012, SnT and IEE Driver Assistance Systems (ADAS), inaugurated their joint Computer Vision five new grooves with six ribs appear. navigation and on-board diagnostic laboratory focused on designing new sensor systems – attracting top-calibre talent At a wear level of about 75%, four contact systems for security technology applications, seeking a dynamic community ribs remain, ensuring good wet grip until and the two entities are working together specialised in application development. the end of the tyre’s usable life. to develop new advanced driver assistance Luxembourg supports R&D projects with systems for electric cars. grants and has put in place a special For those who prefer to run instead of taking programme to promote joint research the car, IEE and Kinematix, a leader in that encourages companies to measuring human movement, have collaborate with each other or with public collaborated on a new wearable technology research organisations. The automotive to help runners run smarter. The shoe industry in Luxembourg prides itself on sensor will allow recreational runners at all pooling its knowledge and thinking levels to monitor their movements during a run, obtain an analysis of the evolution strategically. Competence mapping is of their running technique, and make use carried out on a regular basis to ensure of customised exercise plans designed that the country has the players to help them improve. it needs to drive innovation and serve the automotive market of today and tomorrow. Automotive Luxembourg’s strengths A long-standing presence Game of Roads in terms of automotive in Luxembourg The SnT VehicularLab, which is part of the Security and Networking Research Group components • Goodyear: 68 years (Secan-Lab), was set up to explore new • Luxembourg is located in the middle • Delphi: 46 years services that can be developed by making of the world’s leading region for vehicle use of vehicular network technologies. development and automotive innovation • Cebi: 41 years Scientists from the lab have developed Game of Roads, an innovative application • IEE: 28 years • All European development headquarters that uses sensors to allow mobile phones can be visited from Luxembourg within • Carlex: 25 years to create statistical models and that one working day encourages drivers to adopt a safer and • Luxembourg serves various car more environmentally-friendly driving style. manufacturers in Europe including BMW, Game of Roads is supported by Baloise Fiat-Chrysler, Ford, GME, PSA, Renault, Insurance and helps redefine the role of VW Group, Nissan, Suzuki, Toyota, the insurer by offering modern technologies. Hyundai-Kia Motion-S, the start-up behind the programme, designs flexible, intuitive and • No less than 25% of the automotive intelligent telematics systems to improve workforce are employed in R&D the driving experience. The Automation Lab works on the automation of critical technical infrastructures such as energy, water or production systems, ICT solutions in e-mobility, mobile robotics (including unmanned aerial vehicles and space robotics), as well as medical devices and applications. Automotive products and technologies developed by Luxembourg-based companies HVAC systems, seat and steering wheel heaters Seat occupancy sensors, optical sensors Windshields Engine and HVAC sensors (temperature, level, pressure) Interior and exterior trim components Tanks and reservoirs Night vision systems, optical sensors and radar systems Tyres Lightweight flat steel Actuators and latches Batteries Fuel injection systems, engine control modules, emission control systems Safety valves Trailblazer A NEW BIG DATA – CAR DATA GENERATION The connected car DRIVING CONNECTED CAR SERVICES OF SERVICES Luxembourg’s innovation friendly environment industry is expected Post Telecom and Hitec to be worth €40 billion is fostering the emergence of a budding start-up eco-system, with highlights in this Luxembourg are collaborating worldwide by 2018, sector such as Motion-S (fleet management, on the following projects in the up from €10 billion driving efficiency) and Examotive (automotive domain of vehicular connectivity in 2012, according ICT solutions for automated driving and with an emphasis on emergency to forecasts by the car-sharing operations). Moreover, established services and European safety guidelines. automotive research Luxembourg-based companies, both automotive and non-automotive, have firm SDB. Connected identified this market as being important for HeERO 2 The Luxembourg HeERO car technologies their future growth. Here are some examples. consortium tests and validates cover a wide range • Post Telecom is extending its machine-to- the common European eCall of applications, machine (M2M) communication services standards defined and approved for the automotive sector. by European Standardisation from intelligent bodies in real conditions using infrastructures • Post Telecom is partnering with major international players to offer complete Post Telecom’s networks. supporting automated solutions in automotive telematics. French driving, to advanced carmaker PSA and Luxembourg’s Post CoMoSeF is designed to provide traffic management and Telecom signed a partnership agreement assistance in the area of smart routing, aiming in 2009 to increase the development of PSA’s cooperative traffic management through connected car networks at a better utilisation telematics services in Europe. Post Telecom has already equipped more than 1 million to help develop and deploy of infrastructures, less Peugeot and Citroën vehicles with its SIM advanced and cost-effective congestion, reduced cards. In addition to this, as of 2018, all new vehicle and roadside data fuel consumption vehicles registered in Europe will be equipped collection solutions in order and lower emissions. with SIM cards in order to activate eCall, to gather valuable traffic an automatic call service, in case of accidents. information and provide weather • In 2016, Post Telecom signed a contract and incident data to road users. with Bright Box aimed at launching a mobile network infrastructure that provides DG-TRAC is underwritten connected car services on a European level. by the European Space Agency • HITEC Luxembourg provides expertise and addresses the tracking and in satellite communication and traffic tracing of dangerous goods management systems. in the medical sector integrating • IEE has been developing innovative and using existing space sensors and sensing systems for the technologies with GSM/UMTS automotive industry – leading the way for the and the internet. safer cars of today. Autonomous driving and connected cars are no longer science fiction, and sensing technologies have an essential role to play in these new functionalities. million 1Luxembourg connects 1 million Peugeot and Citroën vehicles with SIM cards..
Recommended publications
  • Connected Car Platform…Ready to Use
    by bright box Connected Car Platform…ready to use Robert Schuessler, VP Europe, Vienna/Austria [email protected]! 1 oem.myremoto.com +43 664 1634 166 About bright box An international vendor of connected car technology CONNECTED CAR PLATFORM MOBILE SOLUTION FOR OEMS AND DEALERSHIPS BIG DATA SERVICES Soſtware and hardware for Connected Car implementation Dealer Mobility™ — a mobile and support platform that connects Custom soſtware development dealerships and customers for car makers and dealerships Car makers among 5 clients Partner of the year DRIVERS Azure Service for 250 K+ CONNECTED Business Bright box — an DEALERSHIPS international company 400+ CONNECTED with offices in 7 countries 2 Connected Car Platform Bright box Ecosystem iWatch App Powerful Cloud Infrastructure Hardware Portals for OEM, Mobile Apps dealerships, and insurance companies Smart car with telematic/remoto 3 ABOUT BRIGHT BOX Big data approach CAR DATA: ERRORS, GEO DATA, SENSORS App BIG DATA CLOUD USER INFORMATION USER INFORMATION OEM, SOCIAL NETWORKS CLIENT PROFILES DEALER, INSURANCE COMPANY DEALER DATA USER INFORMATION Dealer Mobility • The most advanced data protection technologies • 99.9% guaranteed uptime 4 Authorized supplier as a NISSAN as an OEM component as an Infiniti authorized authorized supplier of KIA factory Russia supplier Nissan SmartCar Kia Remoto Infiniti Sence 5 Customer Service Customer Service Car remote control Door locking/ unlocking Trunk Climate control Horn and parking lights * in case of appropriate hardware units installed in
    [Show full text]
  • Automotive OEM Cloud Strategy
    Automotive OEM Cloud Strategy Pareekh Jain August 2020 Introduction: Cloud Computing in Automotive Domain ▪ Automotive industry has multiple divisions, subsidiaries, and product lines across countries. Also auto OEMs are increasingly establishing alliance due to the ACES trend and joint-go-to-market. Due to this, auto OEMs often run into deep silos, enabling BU owners to take decision for software implementation decisions. So, we have observed presence of different cloud vendors in pockets. To gain more visibility and close collaboration, auto OEMs are now trying to centralize their operations. ACES trends and digital services are also accelerating cloud adoption for the OEMs. ▪ Cloud has come a long way from IaaS offerings to SaaS mindset. Though some auto OEMs are using cloud computing for infrastructure purposes, most of the OEMs are leveraging cloud for connected operations, digital services offering, and ACES purposes. As hyperscalers are also providing IoT platforms, so cloud computing is used along IoT tenets. ▪ In our research of auto OEMs’ cloud computing adoption, we have not included ICT solutions, cloud database and cloud-enabled enterprise application implementations. Our focus is on industrial side of automotive applications and new-age mobility applications. © 2020 Pareekh Consulting. 2 Major Auto OEM Cloud Vendors Description AWS: Cloud-connected vehicles, ACES, mobility services ; Toyota Azure: Cloud computing platform for Toyota Connected, drive R&D AWS: Industrial cloud platform; Azure: Automotive cloud for connected
    [Show full text]
  • The Connected Vehicle in Catalonia May 2019
    The Connected Vehicle in Catalonia May 2019 Technology Report The Connected Vehicle in Catalonia: Technology Report ACCIÓ Government of Catalonia The entire contents of this document are available under a Creative Commons licence. Unless otherwise noted, reproduction, distribution and public communication are permitted, provided appropriate credit is given, the material is not used for commercial purposes and derivative works are not distributed. A summary of the licence terms and conditions is available for consultation here: https://creativecommons.org/licenses/by-nc-nd/4.0/ Elaborated by ACCIÓ’s Strategy and Competitive Intelligence Unit Applus+ IDIADA In collaboration with Catalonia Trade & Investment. Innovation Unit Barcelona, May 2019 The Connected Vehicle in Catalonia| Technology report May 2019 | 3 Contents 1. Definition of the Connected Vehicle and Its Importance to Industry 4 2. Main World Magnitudes 11 2.1. World Connected Vehicle Market 12 2.2. Main Regions and Important Hubs in the World 15 2.3. World leading companies in Connected Vehicles 17 2.4. Top Global Investors 18 3. Macrotrends and Trends in The Connected Vehicle 23 4. Future Applications by Demand Sector 26 5. The Connected Vehicle in Catalonia 28 5.1. Main Conclusions of Mapping 29 5.2. Ecosystem Companies and Agents 31 5.3. Technology and Research Centres Working in Connected Vehicle in Catalonia 32 5.4. Connected Vehicle Business Cases in Catalonia 38 The Connected Vehicle in Catalonia| Technology report May 2019 | 4 1. Definition of Connected Vehicle and its importance to industry The Connected Vehicle in Catalonia| Technology report May 2019 | 5 1. The vehicle of the future: main trends of change in the automotive sector The mobility and the automotive industries are evolving following four main trends that will define how the vehicle of the future will be: The vehicle is undertaking Fossil fuel-based propulsion tasks of driving and the driver is being replaced by electrical is becoming an observer and, components.
    [Show full text]
  • Voiture Connectée
    Étude comparative internationale #benchmarkinternational La voiture connectée Contributions des services économiques des pays suivants : Allemagne, Chine, Corée, États-Unis, Israël, Japon, Royaume-Uni, Suède Une analyse comparée réalisée à la demande du Conseil général de l'économie, de l'industrie, de l'énergie et des technologies et de l’Inspection générale des finances Mars 2017 La direction générale du Trésor (DG Trésor) s’efforce de diffuser des informations exactes et à jour, et corrigera, dans la mesure du possible, les erreurs qui lui seront signalées. Toutefois, elle ne peut en aucun cas être tenue responsable de l’utilisation et de l’interprétation de l’information contenue dans ce document. Ce document de travail, réalisé par le réseau international de la DG Trésor sur la base d’un cahier des charges et questionnaire précis fournis par le(s) commanditaire(s), permet de disposer d’un panorama de diverses situations à l’international. Toutefois, il ne constitue d’aucune manière une prise de position de la DG Trésor (et par extension celle du ministère de l’économie et des finances) sur le sujet donné. DG Trésor – Stratégie, études et pilotage SOMMAIRE INTRODUCTION .................................................................................................................. 4 ALLEMAGNE ...................................................................................................................... 17 CHINE...............................................................................................................................
    [Show full text]
  • Catalyzing Connected Car Proliferation
    Catalyzing Connected Car Proliferation ehicle connecti vity is expanding at a rapid rate. In fact, according to Gartner, by 2020, there will be V Remote a quarter billion connected vehicles on Monitoring & Safety Soluti ons the road, enabling new in-vehicle services Control Soluti on Awareness and automated driving capabiliti es. Driving Phase Currently, automoti ve connecti vity focusses on driver comfort, safety, enduring car automati on and provides Accident free boundless business opportuniti es Sensing Driving Autonomous at various stages of connected car Phase Driving Phase implementati on. Implementati on of this V2X Cloud may surface various challenges, which need several catalyzing agents to enhance IN-V the connected car proliferati on. Autonomous Driver Comfort & The three basic connected spaces – In- Features Experience vehicle connecti vity, V2X connecti vity Synchronized, and cloud connecti vity – are being driven Cooperati ve Cooperati ve Driving Phase by several factors during connected car Driving Phase implementati on phases. While some of these factors would create new challenges, others would enable novel technological soluti ons to ensure the Innovati ve smooth movement of the connected Business world from one phase to the other. Soluti ons Advancements in technological areas related to safety systems, display, Connecti ve Connected Car Connected Car and telemati cs combined with the Space Segments Implementati on Soluti ons developments in V2X and telecom would Phases result in newer soluti ons for safety and driver comfort. Technological progression Implementa on phases in connec ve spaces for connected car solu ons can transform the existi ng limitati ons into opportuniti es and would require infrastructure & technological catalyzing data derived from various automoti ve strong catalysts to bridge the gaps and soluti ons.
    [Show full text]
  • OLYMPIADES DES MÉTIERS P.16 Athlètesathlètes Enen Licelice
    RECHANGE TRANSPORT PartsAdvisor : du nouveau Les nouveaux tachys 46 923 dans le monde de la pièce sont annoncés exemplaires En phase test, ce site s’annonce comme une En 2019 devrait apparaître la nouvelle plateforme de mise en relation entre garagiste génération de chronotachygraphes Mise en et distributeur, mais aussi comme source intelligents. Leur mission : faciliter distribution d’appro pour ce dernier. L’Alliance Renault- les contrôles et mieux lutter contre certifiée Nissan serait derrière ce laboratoire. P. 46 les fraudes. P. 57 Numéro 46 | Avril 2017 OLYMPIADES DES MÉTIERS P.16 AthlètesAthlètes enen licelice AUTO SOMMAIRE 3 N°46 Avril 2017 ACTUALITÉS Planète 04 Actualités France 06 ÉLECTION PRÉSIDENTIELLE 08 Le CNPA interpelle les candidats Fidèle à la tradition, le CNPA a interpellé les candidats aux prochaines échéances électorales Caroline Ridet via un livret de propositions. Au sommaire: Rédactrice en chef dix questions centrées sur la mutation de la mobilité, ÉDITO histoire de capter l’attention des politiques! Osons l’enthousiasme VOS RÉGIONS 10 as question de se laisser « plomber » par l’ambiance Enseignes 14 grisâtre préélectorale, érigeant en sport national le french P bashing. Laissons-nous enthousiasmer. FOCUS 16 Enthousiasmant, les jeunes athlètes de l’artisanat qui pendant quatre jours ont tout donné en mode marathon pour être sacré VENTES VN/VO champions nationaux des Olympiades des Métiers. Une com- pétition de l’ex cellence de leur savoir-faire qui donne foi dans Distributeurs VN 20 ces filières pros comme horizon porteur d’avenir. Un enthou- siasme qui va porter les meilleurs à représenter la France 20 GARANTIE CONSTRUCTEUR au concours international.
    [Show full text]
  • News Release
    News Release Zurich acquires Bright Box to strengthen capabilities in connected cars • Acquisition will increase Zurich’s capabilities in connected car technologies and mobility • Acquisition will strengthen Zurich’s proposition for car drivers, car dealers and original equipment manufacturers • Acquisition will facilitate new insurance services leveraging telematics- enabled data analytics Zurich, December 22, 2017 – Zurich Insurance Group (Zurich) announced today that it has acquired 100 percent of the shares of Bright Box HK Limited (Bright Box) and its subsidiaries. The company was founded in 2012, is headquartered in Hong Kong, has operations in Europe and conducts business globally. It provides telematics solutions that link drivers to their vehicles, and the vehicles to networks of car dealers and original equipment manufacturers (OEMs). Zurich’s strategy is focused on providing simple and innovative propositions through products and services centered on customer needs. Bright Box will contribute by further expanding Zurich’s focus on mobility through tailored services, enhanced by digital interactions with car drivers and closer collaboration with car dealers and OEMs. “We are excited by the potential that Bright Box brings to further strengthen our offerings to car drivers and the companies that support their needs. By enhancing our capabilities in data insights and analysis, we will be able to provide our customers more tailored and convenient solutions, which is in line with our strategy,” said Giovanni Giuliani, Group Chief Strategy, Innovation and Business Development Officer. “We are very excited to be part of Zurich with its strong international brand and ability to lead the way in the fast-changing environment of automotive insurance,” says Ken Belotsky, Executive Chairman and Co-Founder of Bright Box.
    [Show full text]
  • Hampleton Partners Insurtech M&A Overview 2H 2019
    INSURANCE SOLUTION PROVIDERS Emerging technologies smart homes or connected cars and devices at the Beyond witnessing disruption within vertical markets, heart of P&C policies. Businesses also increasingly over the past three years solution providers in the understand the insecurities and system vulnerabilities industry have seen emerging technologies penetrate of IoT given the recent series of high-profile cyber- the insurance mainstream. Typically, these new hacks. However, this market is still in a white space, as technologies offer solutions to underserved markets, reflected in the limited number of cybersecurity enhance business models, or create new markets insurance solution providers. altogether. Usage-based insurance in connected Big Tech homes, for instance, has been possible through the Just as Big Tech companies have challenged traditional introduction and adoption of IoT. In fact, insurtechs players in other industries, so too have they expressed are taking advantage of global trends in smart home a keen interest in entering the insurance market. In device tech to shift towards proactive risk August 2018, Google invested $375 million into health management for homeowners, rather than reactive insurance start-up Oscar Health, which has been risk assessment, in this new disruptive business model. selling health plans under the Affordable Care Act Cybersecurity since 2013. In January 2018, Amazon, JPMorgan Chase Unsurprisingly, the use of more real-time connected and Berkshire Hathaway announced they would form devices has led to the growth of cybersecurity an independent healthcare company which will use insurance. Munich Re estimates that the market value technology to cut healthcare costs for their employees for cybersecurity insurance will grow to $9 billion by in the US.
    [Show full text]
  • SMART AUTOMOTIVE Jan - Feb 2018
    Jointly Published by Center of Excellence - IoT and Telema cs Wire PG.2 | Smart Automo ve | Jan - Feb 2018 www.telema cswire.net I www.coe-iot.com www.telema cswire.net I www.coe-iot.com Jan - Feb 2018 | Smart Automo ve | PG.3 SMART AUTOMOTIVE Jan - Feb 2018 CEO, Center of Excellence - IoT Sanjeev Malhotra Cover Story: Automo ve in Transi on 6 Editor & CEO, Telema cs Wire Maneesh Prasad Director, Telema cs Wire Lt. Col. M C Verma (Retd.) Project Director, Telema cs Wire Anuj Sinha Corporate Sales Manager, Telema cs Wire Akanksha Bhat Center of Excellence - IoT Arjun Alva For Editorial Contact Asst. Business Editor, Telema cs Wire Piyush Rajan asst.editor@telema cswire.net Asst. Editor, Telema cs Wire Yashi Mi al +91 98103 40678 asst.editor2@telema cswire.net For Adver sement Contact Corporate Sales Execu ve, Telema cs Wire Kri ka Bhat +91 - 98103 46382 business_exec2@telema cswire.net Content Support Expert Speak Rudravir Singh Automated Driving to Change Lives and Socie es 14Asst. Web Developer Vikram Pawah, President, BMW Group India Amit Kumar Designer Thought Leaders Deepak Kumar Next Genera on Automo ve Cybersecurity with So ware Defi ned Perimeter & Publica on Address Blockchain 16Aeyzed Media Services Pvt. Ltd. D-98 2nd Floor, Noida Sec-63 Mahbubul Alam, CTO and CMO, Movimento Group; U ar Pradesh-201301 Junaid Islam, CTO and Founder, Vidder Email: [email protected] Automated Driving- the Future of Mobility Globally and in India 18 Printed and Published by Rahil Ansari, Head, Audi India Maneesh Prasad on behalf of Aeyzed Media Services Pvt.
    [Show full text]
  • The Connected Car Ecosystem: 2015 – 2030 Opportunities, Challenges, Strategies & Forecasts
    The Big The Connected Car Ecosystem: 2015 – 2030 Opportunities, Challenges, Strategies & Forecasts Table of Contents 1 Chapter 1: Introduction ................................................................................... 18 1.1 Executive Summary ....................................................................................................................................... 18 1.2 Topics Covered .............................................................................................................................................. 19 1.3 Historical Revenue & Forecast Segmentation ............................................................................................... 20 1.4 Key Questions Answered ............................................................................................................................... 22 1.5 Key Findings ................................................................................................................................................... 23 1.6 Methodology ................................................................................................................................................. 24 1.7 Target Audience ............................................................................................................................................ 25 1.8 Companies & Organizations Mentioned ....................................................................................................... 26 2 Chapter 2: An Overview of Connected Cars .....................................................
    [Show full text]
  • The Carsharing Telematics Market
    M2M Research Series The Carsharing Telematics Market The Carsharing Telematics Market is the third strategy report from Berg Insight analysing the latest developments on this market worldwide. This strategic research report from Berg Insight provides you with 180 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions. Highlights from this report: Insights from 30 executive interviews with market leading companies. New data on carsharing fleets and members worldwide. Comprehensive overview of the carsharing telematics value chain. In-depth analysis of market trends and key developments. Detailed profiles of 30 carsharing platform vendors and their propositions. Case studies of 59 carsharing initiatives from specialist CSOs and car OEMs. Order now! Please visit our web site to order this Market forecasts by region lasting until 2023. report and find more information about our other titles at www.berginsight.com See inside for further details Berg Insight’s M2M Research Series What are the key business opportunities in the emerging wireless M2M/IoT market? Berg Insight’s M2M Research Series is a unique series of 40 market reports published on a regular basis. Each title offers detailed analysis of a specific vertical application area such as smart homes, smart metering, fleet management and car telematics, or covers horizontal topics including IoT platforms, software, hardware, IoT connectivity statistics and the mobile operators’ IoT strategies. www.berginsight.com M2M Research Series in-vehicle equipment, fleet management, booking management, Carsharing membership reached 50.4 billing, as well as operations supervision via dashboards and data million worldwide in 2018 analytics.
    [Show full text]
  • Annual Review 2018 | Zurich Insurance Group
    Zurich Insurance Group Annual Review 2018 A customer-led transformation Welcome to the 2018 Review About us Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. 54,000 >210 1872 Employees Countries and territories History Our employees are one of our greatest strengths. Our business is balanced between Europe and North We have experience in our industry going back Recognized as a leading global employer, we are America, and we have a significant participation in almost 150 years. This gives us not only knowledge proud of our diverse workforce and our ability to growing regions and markets in both Latin America and expertise, but also allows us to look toward attract top talent. and Asia Pacific. the future with confidence. USD 4.6 bn USD 3.7 bn USD 3.8 bn Business operating profit 1 Net income attributable to shareholders Total amount of impact investments 7 12.1% USD 3.8 bn 2.1 tons Business operating profit Cash remittances 4 CO2e emissions per employee after tax return on equity 2 (tons per FTE) 8 USD 51.6 bn USD 195 bn 22% Total revenues 3 Investment portfolio 5 Female participation in Leadership Team CHF 44.4 bn Z-ECM 125% >760,000 Market valuation as of Zurich Economic Capital Model (Z-ECM) Number of customers interviewed December 31, 2018 ratio estimated as of December 31, 2018 6 through Zurich’s NPS program 9 AA-/stable Standard & Poor’s financial strength rating of Zurich Insurance Company Ltd as of December 31, 2018 1 Business operating profit (BOP) indicates the underlying performance of the Group’s business units by eliminating the impact of financial market volatility and other non-operational variables.
    [Show full text]