"We have an excellent management team in place that will be further strengthened with the arrival of Mario Greco, who will lead preparations for the new strategic cycle."
Quinn said the group remained a relatively conservative investor and the recent volatility had not changed its fairly positive long-term outlook.
"We're not looking for places we can move the money around to make a quick buck," he said.
In a bright spot for investors, Zurich unexpectedly left its 2015 dividend unchanged. Analysts had seen Zurich cutting its dividend to 16.40 francs.
However, Zurich said it had opted against immediately returning cash reserves to investors in order to maintain "capital strength and flexibility" in the current climate.
Zurich added its was unlikely to hit its business operating profit after-tax return on equity target of 12-14 percent in 2016 due to the weak performance of its general insurance business, its biggest unit.
It said it was on track to hit its two other 2014-2016 targets, which are for cumulative cash remittances of more than $9 billion over the three-year cycle and a Zurich-Economic Capital Model ratio of between 100-120 percent.
In a $1 billion-plus cost-cutting drive, Zurich said around 8,000 jobs across the company would be affected by the end of 2018. Zurich has around 55,000 employees.