More insurance jobs to be cut as major players wrestle with economic climate

Jon Greenwood

Aviva and Direct Line Group will not be alone in making job cuts over the next 12 months as other insurers look to streamline their businesses, market observers have warned.

Both of the major UK insurers revealed last Thursday that hundreds more jobs are at risk.

Newly listed DLG confirmed that the second phase of its plan to achieve £100m in annual cost savings by 2014

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