Helvetia-Baloise tie-up could mean 1,600 in job cuts: Berenberg

A pending “merger of equals” between Swiss insurers Helvetia and Baloise could end up costing some 1,600 employees their jobs as the organisations seek cost synergies of around CHF350 million ($426 million), equity analysts have suggested.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

California insurers face conspiracy allegations

Howden’s fresh hire jumps ship to WTW’s APAC unit

US wholesale property rate edges further down Q1: CRC brokerage

Cyclone Alfred lashes insurers with $1.7bn bill: Perils

Brit promotes 22-year veteran as Syndicate 2988 active underwriter

CRC grows with key C-suite hire moving over from Aon

Nexus responds to demand with European trade credit hire

Chubb feels heat: California wildfires burn fat off Q1 P&C margins

Helvetia-Baloise tie-up could mean 1,600 in job cuts: Berenberg

Editor's picks

Editor's picks

More articles