• Zurich group to cut 500 jobs
    • 16/10/2015
    • Posted by: Simon Wait
    • Category: News
    Zurich Insurance Group plans to cut up to 10%, or 500 jobs, from its 5,500-member workforce in Germany over the next two years as it consolidates operations, according to Reuters. A company spokesman in Germany said the programme was limited to Germany and sought to cut costs at a time the company was investing [...]
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  • Zurich abandons RSA deal
    • 21/09/2015
    • Posted by: Simon Wait
    • Category: News
    Zurich Insurance has announced that it has finished discussions with RSA and does not plan to make a bid. The insurer had previously announced in July that it was considering buying RSA for £5.6bn. RSA said that Zurich's decision not to proceed had not been a result of anything unexpected in the due diligence [...]
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  • FTSE boosted by potential RSA takeover
    • 28/07/2015
    • Posted by: Simon Wait
    • Category: News
    Zurich Insurance has said it is considering a bid for RSA Insurance, the owner of the More Than brand. The Swiss firm said, ‘Zurich notes the recent market speculation in relation to RSA Insurance Group and confirms that the company is evaluating a potential offer.’ There is 'no assurance that any offer will [...]
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