View more on these topics

Zurich UK Life chief exec to step down

Zurich UK Life chief executive Michael Brennan is retiring from the business and will leave the company on August 31.

Brennan has been with Zurich for 34 years, and was Zurich Life Ireland chief executive before taking the chief executive role on the UK Life side in 2009.

If a successor is not appointed by September 1, global life Europe chief executive David Sims will take over from Brennan on an interim basis while continuing in his current role.

Sims says: “Michael has made a valuable contribution to the success of UK Life during the last two years, leading the business through a period of strong profitable growth despite competitive and challenging markets.  He has also been instrumental in reshaping the Life business to ensure it has the right foundations in place and remains well positioned for the future. 

“We would like to thank Michael for his dedication and loyal service to Zurich over the years and wish him well in his retirement.”



MM leader: Seize chance to transform care or face a crisis

Interviewed in this week’s Money Marketing, Andrew Dilnot and the ABI’s Nick Kirwan both warn of the dire consequences of ignoring the recent recommendations of the Commission on Funding of Care and Support. For the moment, debate over long-term care funding has been swept off the political agenda by events in the media world. However, […]

TSC verdict on RDR due

The Treasury select committee’s long awaited report on the retail distribution review will be published this weekend, with advisers hoping MPs propose a softening of the qualification “cliff edge”. Paladin Financial Services managing director Tim Purdon says: “Lots of advisers, like myself, waited until June when the FSA decided who could offer properly accredited qualifications […]

UK inflation falls to 4.2%

The UK’s annual inflation rate has fallen slightly over the past month but remains above the government’s target measure, the latest official data reveals. Figures published by the Office for National Statistics shows that the consumer price index rose by 4.2 per cent on an annual basis in June, down from the 4.5 per cent […]


We must raise protection standards to ensure public trust

I expect most of you reading this have been asked to do the elevator pitch – you know, the 10-second summary of your proposition to your CEO or a client CEO. I have done several but am not sufficiently succinct. I mention this because I was explaining to an Irish friend who was meeting the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment