Who Says Insurers Are Dull?

A buying binge by Rolf Huppi has Zurich Insurance hopping

Rolf Huppi is taking Zurich Insurance Group for a fast ride. The 54-year-old CEO, who at age 20 passed up an opportunity to study in Paris in favor of a job in the Swiss insurer's New Delhi branch, has propelled the company rapidly into financial services and international markets. His latest gambit: trying to snag Scudder, Stevens & Clark Inc., the New York-based mutual-fund specialist, for an estimated $1.5 billion.

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