FOREIGN DIRECT INVESTMENT

ZURICH’S POSITION:
Foreign direct investment (FDI) is one of the key drivers of the United States’ economic success. According to a recent report* from the Organization for International Investment (OFII), global investment supports jobs of more than 24 million U.S. workers – that’s one in seven private-sector jobs. U.S. workers at FDI firms earn 33% higher wages than the economy-wide average. This global investment helps fuel America’s innovation advantage, supports world-class workforce training programs, helps U.S. small businesses succeed through locally-sourced supply chains, and helps build stronger communities from corporate support and employee engagement. Policymakers should encourage, rather than do anything to discourage, global investment in the United States.

*Statistics above from OFII June 2016 Jobs We Need Report

BACKGROUND:
Zurich values its role as both an employer and taxpaying corporation in the U.S. Zurich has been doing business in the U.S. for over 100 years, and is a significant contributor to the American economy. Zurich employs more than 8,500 people in the U.S., including more than 2,000 at its new headquarters building, which was awarded the LEED Platinum ® certification, the highest rating possible, for the facility’s environmental sustainability initiatives.

ZURICH STATE BY STATE STATISTICS

* Direct Written Premium (DWP) and tax information obtained from 2017 Annual Statement, Exhibit of Premium and Losses (Statutory Page 14) via SNL Financial. Includes SNL P&C Group for Zurich Insurance Group. DWP does not include Zurich’s North American life insurance and accident & health premium. Employee numbers are as of February 2018.

FROM THE FARM TO THE CITY, WE HELP CUSTOMERS UNDERSTAND AND PROTECT THEMSELVES FROM RISK

Education: Loss control and consultation services for public and private schools, vocational trade schools, business schools, and two-year colleges without dormitories.

Technology: Covering risks of doing business in a Cloud world, including cyber attacks and data breaches, to supply chain management.

Construction: Leading provider of construction services, including builders risk for residential and commercial projects and contractor’s equipment.

Agriculture: Crop insurance provided in all 50 states, covering grains, cotton, fruits, vegetables and much more.

Labor: Protecting hundreds of thousands of U.S. employees and their employers through workers’ compensation coverage.

Auto & Transportation: Market leader in auto rental industry, as well as the number one servicer of automobile dealerships.

Healthcare: From healthcare-specific property coverage for hospitals, to liability coverage for healthcare professionals.

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