View more on these topics

Zurich appoints new chief executive

Zurich Financial Services has appointed Martin Senn as its new chief executive.

Senn, currently the firm’s chief investment officer, will replace James Schiro when he retires in December.

The appointment comes after the Swiss group appointed Stephen Lewis as its chief executive of general insurance UK.

Zurich board of directors chairman Manfred Gentz says: “Martin is an engaging, thoughtful and results-oriented leader who is ideally suited to build on and further develop Zurich’s successful strategy. We are confident he is the right leader for Zurich’s next phase of success.”

Recommended

1

Pressure grows to cut £7bn civil service pensions

The civil service pension scheme makes up 95 per cent of the Cabinet Office’s planned total spending, the department’s annual report has revealed. Total expenditure for 2009-10 amounts to £7.5bn, with £7.1bn accounted for by the civil service superannuation scheme. Conservative MP for Wokingham John Redwood says the Government should consider more radical options such […]

Case for compulsion

The big question is, what is the purpose of retirement savings legislation and policy?Is it to create tax breaks for the financially savvy and well advised or is it to provide savings for the people who in the main still do not understand that their National Insurance contributions are not a big savings pot but […]

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment