Redundancies
Postscript - 5 years ago: Aon feels hit of contingent revenue cut
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Postscript - 10 years ago: CGNU turns back on big risk business
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Editor's comment - RBSI: happy at home
Following the announcements of staff cuts and the possible withdrawal of NIG from personal lines, Royal Bank of Scotland Insurance showed its hand this week, and it was — to say the least — a little soiled by bodily injury claim losses.
NIG looks to exit personal lines after sale ruled out
Royal Bank of Scotland Insurance has unveiled a plan to close its loss-making NIG personal lines business after ruling out a trade sale as "unviable" in the current market.
NIG set to exit personal lines
Royal Bank of Scotland insurer NIG has outlined plans to close its personal lines division and focus solely on commercial business.
Quinn jobs saved after business picks up
Seventy-five jobs at Quinn Insurance in Enniskillen, Co Fermanagh, which were to be lost will now be saved, it has been reported.
75 Northern Irish Quinn jobs saved
The Northern Ireland Executive has welcomed an announcement that 75 planned redundancies at Quinn Insurance in Enniskillen will not now be implemented.
Lloyds Banking Group announces insurance job cuts
The part nationalised bank is set to cut 650 jobs, with the majority of redunancies set be made at its insurance office in Nottingham.
Quinn redundancies
The administrators for Quinn Insurance will not be enforcing compulsory redundancies at the beleagured insurer, after enough voluntary redundancies were taken up.
Interview - Paul Geddes: Regaining an edge
With a new team in place and a major change programme underway, including 2000 job cuts, RBSI CEO Paul Geddes talks to Jonathan Swift about the need to stay competitive.
Quinn confirms number of voluntary redundancy applications exceeds target
In a statement Quinn said that the deadline for receiving ‘expressions of interest’ for voluntary redundancy has now passed and it has advised the employee representative committees it will revert to all voluntary redundancy applicants no later than 14…
Quinn administrator biding time over redundancies
The true level of take-up for the offer of voluntary redundancy among Quinn Insurance staff may not be known until the second week of June.
Quinn job cuts look set to be minimised by large voluntary take up
The administrator of Quinn Insurance has received 700 applications for voluntary redundancy according to weekend reports.
Quinn administrator denies conflict of interest over debtor
Quinn Insurance administrator Michael McAteer denied there was a conflict of interest in his involvement with another firm that owed Quinn millions.
Finnish insurer latest to be linked with Quinn bid
Anglo Irish Bank is in talks with Finnish insurance group Sampo, about a takeover of troubled Quinn Insurance.
Quinn job cuts look set to be minimised by large voluntary take up
The administrator of Quinn Insurance has received 700 applications for voluntary redundancy according to weekend reports.
Quinn administrator denies conflict of interest over debtor
Quinn Insurance administrator Michael McAteer denied there was a conflict of interest in his involvement with another firm that owed Quinn millions.
Finnish insurer latest to be linked with Quinn bid
Anglo Irish Bank is in talks with Finnish insurance group Sampo, about a takeover of troubled Quinn Insurance.
RBSI cuts are needed to keep up with others
The past seven days have seen two telling announcements from Royal Bank of Scotland Insurance.
RSA "ahead of curve" with cuts
RSA UK chief executive Adrian Brown has said the insurer's swingeing job cuts last year meant it was "ahead of the curve" in responding to the tough economic conditions.
NIG facing more cutsas RBSI sheds 2000
Broker-only insurer NIG could face a further rationalisation of staff and offices as part of a wider review of Royal Bank of Scotland Insurance, which will see its parent offshore for the first time.
RBSI to axe 2000 roles to "regain competitive edge," claims insurance CEO
Royal Bank of Scotland Insurance has revealed a proposal to cut 2000 jobs.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.