Novae shareholders give Axis deal the green light
A total of 249 shareholders, representing 71.53% of Novae’s issued ordinary share capital, voted on the takeover with 233 shareholders owning 71.5% of the equity base backing the deal.
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Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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