mario greco joins us now for his first interview of the day.hank you very much for joining us on day break this morning. of us go straight into one the key lines coming out of your statement. 2015 to 2019.rom talk to me about what is driving that new plan? mario: the insurance industry has a cost issue, which is common industry. zurich has this issue itself, so we decided to attack it, attack it in the most responsible way by reducing over the next three our costsbillion of by the end of 2019. we will work on the i.t. expenses and contracts and procurement, internal organization, and we have plans to do it and we are fully confident we will achieve it. anna: those are some of the things you want to take out cost wise. years has been a busine that you have introduced a restructuring program already, rb organizing the business around geography and not product. how is that delivering for zurich? mario: the name of the game there is a civilization. we are multinational business has become very complicated over the last years and trying to make it s

chief executive officer mario greco, now, that news comes as the company holds an investor day today. into one of the key lines going into the statement. $1.5 billion from 2015 through 2019. talk to me about what is driving that new plan. mario: yeah, the insurance industry has a cost issue, which is common wide in the industry. now, zurich does have this issue, so we decided to attack it in the most responsible way by reducing over the next three years $1.5 billion of our costs. targeting 8.8 billion of costs by the end of 2018. now, it would work on the i.t. expenses, it would work on contract, it would work in procurements. we have plans to do it. we are fully confident that we will achieve it. rishaad: let's take a look at tencent's revenue, asia's biggest internet company. this is everybody's favorite here. what is driving sales? rosalind: in the third quarter, revenue grew 52% to $5.9 billion. how does tencent do that? essentially, it spends money to grow. it invests in business is like online finance, content, cloud building capabilities, and to do that, it has to spend more. s