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…

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…

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