The City and Zurich can set a positive tone for free market competition February 10, 2021 The decision that trading firms, regardless of where they are situated, will be able to trade Swiss shares on UK exchanges should not just be seen as a political football, On the contrary, this agreement should be a symbol of a return to a more competitive market. Whilst rules such as MiFID II have sought [...]
Over 50s and retirees want to work more, so long as it’s flexible April 28, 2023 A lack of flexible job opportunities is keeping over 50s out of the workforce and preventing retirees from returning to employment according to a survey. Insurance giant Zurich UK found nearly one in five UK adults over 50 were deterred from applying for new jobs because of a lack of flexible working opportunities. Timewise found [...]
Zurich offers staff 10-day ‘lockdown leave’ for frazzled parents January 6, 2021 Zurich is offering full time staff 10 extra days of paid leave for parents who face childcare emergencies in the wake of England’s third national lockdown. More than one in five of Zurich’s 4,500 UK employees with children will benefit from the extra time off, which can be taken in consecutive days or one at [...]
To ski or not to ski: How to plan a trip when snow is uncertain September 27, 2024 You are about to spend a small fortune on a ski trip. The reports from the Alps are of muddy, brown slopes. A huge warm weather zone depositing nothing but rain has decimated the snow coverage between Christmas and into January. What to do? Cancel, shift resort in the hope of finding better snow? Press [...]
London Excel heads back to court over dispute with insurance giants June 17, 2024 London International Exhibition Centre (Excel) is back in court tomorrow as Allianz and other insurance giants look to overturn a High Court ruling in favour of the venue.
Zurich spends £1m on employee upskilling drive November 5, 2020 Insurance giant Zurich has spent £1million upskilling existing employees to combat an upcoming skills shortage. Zurich has identified 270 robotics, data science and cyber security jobs that, if employees are not reskilled, could go unfilled by 2024. The business is on a mission to retrain 3,000 UK employees – two-thirds of its workforce – over [...]
Zurich and Farmers to buy Metlife property and casualty for $3.9bn December 11, 2020 Zurich Insurance’s subsidiary Farmers Group has agreed to team up with Farmers Exchanges to buy Metlife’s US property and casualty business for $3.94bn (£2.96bn). Zurich will contribute $2.43bn through FGI, while Farmers Exchanges will chip in $1.51bn, Zurich said. “The acquisition significantly increases the potential for growth at the Farmers Exchanges and will further boost [...]
London keeps global tech crown ahead of New York with top marks in financial services November 24, 2023 New York weighs in second in Z/Yen Group’s eighth edition of the Smart Centres Index, with Singapore trailing behind in third.
Smith & Nephew shares jump after activist investor Cevian takes stake July 4, 2024 The FTSE 100 firm's stock price rose as much as seven per cent in early trading, with Cevian taking a shareholding of just over five per cent.
Four ex bankers convicted over accounts with Putin-linked man who’s ‘part of system that managed his offshore wealth’ March 30, 2023 Four former bankers with the Swiss affiliate of a key Russian bank have been found guilty of failing to properly check accounts opened in the name of a Russian cellist with long-time ties to President Vladimir Putin. The defendants were handed suspended sentences in Zurich district court that, if violated, could lead collectively to hundreds [...]