All Finance articles – Page 119
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News
Insurer job cuts set pace for others to follow
Job cuts at NU and Zurich will be mirrored across other UK insurers, says KPMG.
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NewsMotor market’s record £1bn prop
Reserve releases mask further underwriting losses in 2007 says exclusive study.
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Online only
Oval suspends acquisition drive as economic conditions bite
Broker reports earnings up 50% over last financial year.
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FeaturesSolvency shake-up
Part two of a three-part series that looks at the challenges facing insurance companies. This week, Michael Faulkner reports on insurers’ preparations for Solvency II, the tough new EU capital regime.
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Online onlyRBS chief: insurance assets will achieve full price
Undervalued sale looks unlikely, says Goodwin.
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Online onlyJelf revenues soar as profits remain flat
Interims detail 49 per cent growth in turnover and organic growth of 13 per cent.
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Online onlyZurich to lay off hundreds of UK staff
Up to 900 jobs could be lost as part of 10 per cent cost cutting exercise.
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NewsGroup Direct vows to be ‘anti-consolidator’
SME broker boosted by investments from Norwich Union and Stena, as it lists on AIM market.
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NewsCooper Gay mulls flotation after Heath purchases
Broker in takover talks with London market brokers as purchases boost brokerage by a third.
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NewsTowergate to scale back acquisitions as growth fails to hit targets
Chief executive says company will not bow to insurer demands for lower commissions, as partial 2007 results are revealed.
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Online only
NU makes £5.7m investment in Group Direct
Insurer part of acquisition by Brightside Group.
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Online onlyThe ignorance of arrogance
The benefits of being small, and why industry chiefs say one thing - and do another
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