November 30, 2016
RSA announced it has appointed David Germain to the role of group chief technology officer. Based in London and reporting to Darren Price, group chief information officer, Germain will be responsible for implementing RSA’s information technology strategy to support change …
November 16, 2016
London-based RSA has announced changes to its commercial lines operation with the creation of two new divisions, as well as the appointment of a chief underwriting officer for the UK & International region. Effective immediately, RSA’s UK commercial lines business …
June 10, 2016
Switzerland’s biggest insurer, Zurich Insurance, has unveiled a shareholder-friendly shift to a simpler management structure under new chief Mario Greco. That’s a positive step. Too bad it’s into a brewing storm. There’s certainly a lot to like about Zurich’s decision …
May 5, 2016
RSA Insurance Group Plc Chief Executive Officer Stephen Hester says the company, which was the subject of an abandoned 5.6 billion-pound ($8.1 billion) takeover offer, is now much more valuable for any future owner. The insurer reported on Thursday an …
May 5, 2016
A wildfire in the Alberta city of Fort McMurray is set to become the costliest ever Canadian natural disaster for insurers, with 1,600 buildings destroyed and another 19,000 under threat, analysts and industry sources say. The bill for insurers is …
February 25, 2016
RSA chief Stephen Hester said a British exit from the European Union could have a negative impact on the insurer’s business and investment returns, underscoring a warning from top executives about the impact of withdrawal. Hester was one of 36 …
February 11, 2016
Zurich Insurance Group AG reported a worse-than-expected loss in the fourth quarter as the company makes plans to turn around its unprofitable general insurance unit. The net loss was $424 million compared with a profit of $860 million a year …
February 9, 2016
While UK-based small and medium sized enterprises (SMEs) want to access opportunities in emerging and growth economies, they remain dependent on the European Union, which suggests that SMEs could be disproportionately affected if Britain votes to leave the EU in …
February 5, 2016
UK-based RSA announced a new, seven-year partnership with Wipro Ltd. to deliver its IT infrastructure requirements across the UK, Ireland and Scandinavia. Bangalore, India-headquartered Wirpo, a global information technology, consulting and business process services company, will provide infrastructure for mainframe, …
January 27, 2016
RSA, announced that Derek Walsh, group general counsel, company secretary and global broker relationship director, has decided to leave RSA at the end of February after five and half years. In response to Walsh’s departure, RSA said that Jon Hancock …