Zurich Insurance abandoned its £5.6bn (€7.69bn) proposed bid for Britain’s RSA, after forecasting a $200m (€178m) third-quarter loss yesterday largely due to explosions at Chinese port Tianjin.

Although it may be of a similar size to our own capital, Zurich has a distinctly different feel, with royal blue trams criss-crossing the centre against the backdrop of bridges, clock towers and the beautifully preserved buildings, writes Arlene Harris.

A US senator has said comparing corruption within Fifa to the mafia would be insulting to the mafia.

There is great concern at present from both consumers and industry professionals about the insurance industry in Ireland.

Five people are injured after two trains collided in Rafz, north of Zurich in northern Switzerland.