Revamp boosts Zurich Insurance net income by 74%
Zurich Insurance reported operating profits of $1.13bn for the quarter ended December 2016, as against $422m a year ago. The Swiss insurer’s net income for 2016 surged by 74% to $3.21bn, driven by a restructuring exercise led by Marico Greco, who took over as the firm’s chief executive last year. (FT)

Snap emphasises pay parity for sole female director
Snap disclosed the proposed compensation payable for 2017 to its only female board member, Joanna Coles, in an amended listing prospectus filed on Thursday, in a move aimed at dispelling misgivings that she was being paid less than her male counterparts. (NY Times)