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Hanover Life RE appoints new managing director

Reinsurer Hanover Life Re has announced the appointment of David Brand as its new managing director effective from this week.
Brand has been a member of senior management of the reinsurer for a decade most recently as deputy managing director.

He takes over from Peter Savill, who has been MD since 1983 and is retiring although still retaining some links with Hanover on a consultancy basis and as non-executive chairman of UK subsidiary Hanover Services.


Product matters

What is the new investment black? Is there a new investment black? As sales of unit trusts are falling off a cliff, sales of structured products continue to climb. This is despite much negative publicity about many guaranteed high-income products launched several years ago. Growth products have been less affected and there are some interesting […]

FSA throws new light on financial healthcheck

The FSA has unveiled plans for a CD-Rom-based generic financial healthcheck to help consumers make decisions ranging from whether they should save for a washing machine to increasing pension contributions.At a Treasury seminar this week attended by providers, trade bodies, IFAs and representatives from the voluntary sector, FSA managing director John Tiner said the regulator […]

Tax break loss will deter Isa investors

Almost half of investors who are aware of the imminent scrapping of the tax break on equity Isa dividends say they are less likely to invest in them as a result. Research by Isis has found that 45 per cent of investors who know the 10 per cent break will be abolished in April 2004 […]

Prescription for a healthy industry

So CP166 has driven a ramrod through the whole concept of polarisation. This is where my 22 years in financial services come back to haunt me.In 1985, I worked as a broker consultant for NEL Britannia (now Unum), which was renowned for its market-leading permanent health insurance contracts. I spent much of my time calling […]

Keep calm and carry on?

We British are known for our stiff upper lip and just getting on with things. It’s part of our quirky cultural behaviour – like forming orderly queues, or saying sorry when it’s not our fault. Many of us just aren’t that great at talking about what’s bothering us. But if someone feels that the stresses […]


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