Insurer
Interview - Annette Court: Insurance at heart
Annette Court left Royal Bank of Scotland in 2006 as CEO of its insurance division to join Zurich. She talks to Jonathan Swift about a challenging and rewarding first 24 months as its European non-life chief.
RBS could cut 9000 jobs to save £2.5bn a year
Royal Bank of Scotland has begun consulting Unite and other employee representatives about a business plan for its back office operations that will regrettably involve job losses.
NU boss apologises
Norwich Union’s insurance chief has apologised for “conflicting messages” over job cuts.
Former Zurich UK boss to retire
Zurich Financial Services has announced that after more than 11 years of dedicated service to Zurich, Patrick O'Sullivan will be retiring effective 30 April 2009.
Aviva downgraded by S&P
Standard & Poor's has lowered its long-term counterparty credit rating on Aviva to 'A' from 'A+'. At the same time, it affirmed the 'AA-' long-term counterparty credit and insurer financial strength ratings on Aviva's core insurance operating…
Jelf awarded two stars from IIC for customer service
Jelf Group has been awarded two-star Investor in Customers status for its client service culture. Th...
Fitch puts Aviva's UK businesses on negative outlook
Fitch Ratings has downgraded Aviva's long-term Issuer Default Rating to 'A' from 'A+', due to what it described as capital depletion as a result of steep declines in equity and credit markets. Its core non-US operating subsidiaries' Insurer Financial…
Aviva downgraded
Fitch Ratings has today downgraded Aviva plc's long-term issuer default rating 'A' from 'A+', reflecting capital depletion as a result of steep declines in equity and credit markets.
Admiral unveils US launch plans as Confused profit drops in face of competition
Admiral Group today announced plans to launch into America on the back of reporting a profit before tax of £202.5m for the year to December 2008, an increase of 11% over the previous year. Turnover, comprising total premiums and other revenue, rose 13%…
NU signs £700m outsource contract
Three hundred Norwich Union staff working at two of the insurer's data centres have transferred to a new employer after NU signed a 10-year £700m data centre services contract with HP-owned EDS.