Redundancies
Another round of RBSI cutbacks points to gloomy NIG future
Broker-only insurer NIG could face further cuts following Royal Bank of Scotland Insurance's (RBSI) announcement that it is axing up to 2,000 roles across all of its brands over the coming year.
Quinn latest: 900 to lose jobs as CEO quits amid takeover rumours
In another tumultuous month for Quinn Insurance, 900 job losses were identified, chief executive, Colin Morgan, quit and the American insurer, Liberty Mutual, expressed an interest in acquiring the company.
RBSI to cut up to 2,000 jobs
Royal Bank of Scotland Insurance (RBSI) has announced it is to enter a staff consultation period which could affect up to 2,000 roles.
900 staff to go at Quinn
Quinn Insurance's administrators are to begin a consultation process on the proposed redundancy programme which will affect approximately 900 members of staff
News Analysis: Quinntessential downfall
Quinn insurance and the Quinn Group are going through a crisis, writes Andrew Tjaardstra.
800 redundancies rumoured at Quinn
Quinn Insurance administrators have drawn up plans to make about 800 staff redundant, Irish state broadcaster RTE is reporting.
News: Quinn UK ban reversed
Quinn Insurance has been given permission to re-enter the UK market despite an earlier decision by the Irish regulator preventing it from writing new business in the country.
Unemployment rises to 2.5 million
Latest figures reveal 929,000 16-24 year olds were out of work from December to February
Bupa review endangers 300 jobs
Bupa Health and Wellbeing UK could axe up to 300 jobs as part of a restructuring programme.
Willis set to make redundancies, according to market sources
Willis has started another round of redundancies, Insurance Age's sister title Reinsurance has learnt.
UK General to withdraw underwriting function from regional network to Leeds office
UK General is to pull back its underwriting capabilities from its regional network and concentrate expertise in its Leeds headquarters in a move which is expected to result in job losses
Towergate to consolidate BNIB business in the North West
Move will see the closure of four offices and the establishment of one central office on the outskirts of Manchester
Reportage: streamlining - Avoiding the chop
The redundancies of valuable staff are often the knee-jerk reaction in a recession. Edward Murray examines how brokers can cut costs without leaving businesses struggling when the economy recovers
Viewpoint: It's not over yet
Clare Ryder fears the worst is yet to come for insurers and brokers alike, with 2010 likely to see an increasing pressure on rates, cash reserves and staff, compounded by skyrocketing insurance claims
Marsh deal threatens jobs
Redundancies will not be revealed until end of Q1
Jobs under threat as Axa shuts Redhill underwriting centre
Insurer insists move is not a cost cutting exercise
Cobra axes sales director
Paul Smith made redundant in network re-focus