|
Swiss Life in survival race; NEWS Insurance firm closing protection department.(Business)
|
Byline: Tony McDonough
UNCERTAINTY over the future of Liverpool based Swiss Life (UK) is having a negative effect on its remaining business, the company admitted yesterday. The beleaguered insurance firm, which two weeks ago announced the loss of 200 jobs and the likely loss of a further 360, is racing against the clock to try and save the remaining parts of its operation. On July 17 Swiss Life (UK) said it was closing its financial protection department (FP) to new business with immedi-ate effect after failing to find a buyer for the firm. The 200 staff in the unit will leave ...
Related newspaper, magazine, and trade journal articles from HighBeam Research
(Including press releases, facts, information, and biographies)
|
Anxious wait for Swiss Life staff.(News)
Newspaper article from: Liverpool Echo (Liverpool, England)
; ...Liverpool-based insurer Swiss Life (UK) will find out...closed its financial protection department to new business last...business. Parent company Swiss Life set a deadline of...yer for the group protection department, which employs around...month's announcement ...
|
|
Benefits mgrs. eye Swiss life demutualization.(benefits manageres)
Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management
; ...a shocker for benefits managers here, Swiss Life and Union Bank of Switzerland have formed...bancassurer as well as to demutualize Swiss Life, the international benefits company...UBS will acquire a 25 percent stake in Swiss Life, worth approximately I billion Swiss...
|
|
Swiss Life 247m pounds in the red after accounting blunder
Newspaper article from: Evening News - Scotland
; SWISS Life, Switzerland's biggest life insurer, has...higher than it reported one month ago. Swiss Life has now announced that its first half...increase, is a major embarrassment for Swiss Life which has been struggling to rebuild investor...
|
|
SWISS LIFE BUYS LLOYD CONTINENTAL.
Newspaper article from: European Report
; Swiss Life/Rentenanstalt, Switzerland's largest life...health care insurer Lloyd Continental. Swiss Life paid Euro 494 million (USD543 million...The deal came on the heels of news that Swiss Life had bought Sumitomo Bank's majority stake...
|
|
Swiss Life details future plans with Swiss bank.(Union Bank of Switzerland)
Magazine article from: National Underwriter Life & Health-Financial Services Edition
; DAVOS, Switzerland--Swiss Life and Union Bank of Switzerland have formed...jointly operate a bancassurer and demutualize Swiss Life. Under the agreement, UBS will acquire a 25 percent stake in Swiss Life, worth approximately 1 billion Swiss francs...
|
|
OFT steps in to block Swiss Life sale
Newspaper article from: The Independent on Sunday
; ...broken up the proposed purchase of the Swiss Life (UK) employee benefit business by UnumProvident...no clear valuations for the UK arm of Swiss Life but, given that it has a market share...announced in August, Unum would have bought Swiss Life (UK)'s group income protection ...
|
|
Swiss Life asset management profits down 50% in first half.
Newspaper article from: Financial News
; Byline: Pirkko Juntunen Swiss Life's investment management units posted...asset management businesses.In May, Swiss Life sold Scweizerische Treuhandgesellschaft...Princely Family of Liechtenstein. Swiss Life booked a loss of Sfr105m on the Sfr197m...
|
|
Swiss Life raises Sfr856m from rights issue.
Newspaper article from: Financial News
; Byline: Yasmine Chinwala Swiss Life, the Swiss insurer, has raised Sfr856m...and will also benefit from the Swiss life insurance industry has being taken...to the closing price on Nov 15. Swiss Life is also raising between Slr200m...
|
|
Swiss Life is offering euro 1.16 billion for AWD MARKETPLACE by Bloomberg MOVERS
Newspaper article from: International Herald Tribune
; ...International Herald Tribune 12-04-2007 Swiss Life is offering euro 1.16 billion for AWD...Section: FINANCE/BUSINESS GENEVA: -- Swiss Life, the largest life insurer in Switzerland...euro 29.36 in Frankfurt trading after Swiss Life offered euro 30 a share for the company...
|
|
Swiss Life exits UK market on top note.(United Kingdom)(Financial Services Authority)(Swiss Life and Resolution Life merger)
Magazine article from: Financial Adviser
; SWISS Life has quit the UK market with the AGBP205m sale of its protection arm Swiss Life (UK) to Resolution Life. The purchase is the...closed life book for AGBP850m. The sale values Swiss Life's assets (UK) at AGBP271m and will involve taking...
|
For more facts and information,
see all results
Find more facts and information related to the article "Swiss Life in survival race; NEWS Insurance firm ..."