Patrick Snowball
Life insurers are the “dinosaurs of the 21st century,” warns Snowball
Suncorp group chief executive Patrick Snowball, the man who previously ran Aviva’s UK operation, has warned life insurers they could die out unless they innovate and change.
Snowball heralds recovery as Suncorp profits increase A$432m in 2010
Australian financial services group Suncorp has recorded a net profit after tax of A$780m for the full year to 30 June 2010, (2009: A$348m).
Snowball insists job cuts are not on the agenda for now with GI plan
Suncorp has outlined plans for a 3% improvement in its underlying general insurance margin over the next two years.
Former RSA CEO Bridget McIntyre set to take Fortis exec role
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
The runners and riders in the sale
On 5 February, Royal Bank of Scotland confirmed that it had decided to retain its insurance arm. However, with the announcement this Tuesday that it will look to divest the business again, Post looks at what has happened the names previously linked with…