Redundancies
Up to 600 jobs at risk following L&G restructure
Legal and General has warned that it may cut up to 600 jobs following the merging of its savings and annuities and protection divisions.
Brand analysis: Market Forces
Despite economic constraints, regulation, boardroom reshuffles and reputational issues – the outlook for insurance brands remains positive.
Rivals set to take advantage of Swinton’s downsizing plans
Firm to close 100 of its 500 branches by end of 2014
Outsourcing: Need a hand?
While some in the insurance industry associate outsourcing with cutting jobs and costs, others are keen to extol its virtues. So when is it right to outsource, and how can it benefit the sector?
90 jobs go at Direct Line Glasgow as first part of cost-cutting exercise
Direct Line is to axe 90 roles in Glasgow as part of cost-cutting measures announced last June.
Aviva faces cost backlash over adjusting panel cuts
Redundancies feared at Crawford after lost business.
Brokers fear standards decline as Aviva closes almost half its regional offices
Market insider claims redundancies could net insurer £100 000 per employee.
Aviva to almost halve offices as underwriters move into broker sites
Aviva is to shrink its office locations from 30 to 17 and cut staff following a decision to put more underwriting decision-makers in brokers’ offices.
Analysts warn Direct Line is playing "catch up" on costs base despite 2000 job cuts
Liverpool, London and Croydon offices due to close in expanded cuts programme.
Direct Line confirms office closures in Croydon, Liverpool and London
Direct Line Group has confirmed that almost 500 jobs are to go in Liverpool where the firm is closing its office as part of a wider redundancy programme announced today
Direct Line Group reveals 2000 jobs at risk as it steps up cost saving plan
Direct Line Group has announced a major redundancy programme as it attempts to improve its operational efficiency as part of the implementation of its business transformation plan.
Aviva moves more UK roles to India after cutting 200 jobs in Manchester
Firm considering adding 100 offshore general insurance roles by end of next year.
Aviva to close Manchester motor claims unit
Aviva is getting rid of 200 jobs in its Manchester based motor injury claims department, according to local press reports.
Leaked memo outlines hundreds of planned job cuts at Aviva
Aviva has unleashed its next wave of job cuts, two months after the insurer revealed it was to axe 2000 roles globally.
Amlin announces Antwerp redundancies
Amlin Europe has announced “a small number” of redundancies at its Antwerp office.
Aviva to send 600 UK jobs to India
The union Unite has accused Aviva of betraying its UK workforce by offshoring hundreds of back office processing jobs to India.
Long-serving staff hardest hit by Aviva’s latest round of job cuts
Aviva staff face renewed uncertainty following the insurer’s decision to axe 2000 jobs globally, eight months after 800 jobs were put at risk.
Editor's comment: Industry image problem enduring
Insurers face an uphill battle in trying to improve their public image at the best of times, and the latest round of job cuts and news of redundancy term changes at insurance giant Aviva will do nothing to help their cause.
Aviva to slash global workforce by 6%
British insurer Aviva will cut its workforce by 6% over the next six months in a bid to reduce expenses.
News Review: Winslow promoted in BGL reshuffle
Peter Winslow has been promoted to executive chairman of BGL Group and will be succeeded as chief executive by chief operating officer Matthew Donaldson, effective from 1 July.
Lloyds job cuts at odds with growth plans, warn unions
Lloyds Banking Group's strategic objective of building long-term stability and growth is being jeopardised by its willingness to sacrifice staff's job security in favour of casual employment contracts, according to trade union Unite.
Insurance jobs go at Lloyds Banking Group amid 550 redundancies
Lloyds Banking Group is cutting 550 jobs from its risk, insurance, commercial banking, retail and wealth, asset finance and international divisions.
Law report: Redundancy ruled lawful
This law report has been contributed by national law firm Berrymans Lace Mawer.
Axa Wealth to cut 30 roles in sales reshuffle
Axa's pensions and investments subsidiary is to cut 30 roles from its sales staff.