We take a global approach to our resources and capabilities. We have the flexibility and speed to adapt our product and geographic mix to meet changing market conditions. Global processes and systems allow us to get the most from our strengths.
In Europe, our presence is anchored by major operations in Germany, Italy, Spain, Switzerland and the United Kingdom. We also have a significant presence in Austria, Ireland, Portugal, Russia and Turkey.
In 2012 we celebrate our centennial year in the United States. We began operating in Canada in 1923. Today we are a leading property and casualty insurer in the U.S., and an important auto and home insurer through Farmers.
We started operations in Australia in 1961, when we acquired the Commonwealth General Assurance Corporation Ltd (CGA), originally of New South Wales. Today Zurich Australia has around 1,000 employees. Around Asia there is especially high growth potential in the life market, where young professionals and high net worth customers make up a fast-growing segment. Recent acquisitions in Malaysia and Indonesia give us additional platforms for growth.
Zurich is represented in Latin America market through offices in Mexico, Argentina, Chile and Brazil. In 2012 we signed a long-term alliance with Banco Santander to reach a potential 36 million customers in Brazil, Mexico, Chile, Uruguay and Argentina with our life and general insurance solutions.
Growing our presence in these and other emerging markets reinforces our strong global network and puts us in position to take advantage of long-term growth opportunities.
Additional information contacts in specific offices are available through our global directory.