Operations/tech
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The UK arm of the Swiss carrier reports a 9.8 percent pay gap and backs calls for the disclosure to become mandatory.
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The adoption of home working has led to an increased uptake of e-trading. -
The executive returns to underwriting after three years at the broker.
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With a £3.6bn valuation for Ardonagh, Towergate’s rehabilitation is complete.
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The Bahraini carrier also exits aviation fac and liability business.
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The broking group prices a new $500mn debt issue.
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Chris Stooke will take the non-executive chairman role from 1 January.
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The move follows redundancies earlier this month.
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The broker is about to tell staff how the long-awaited $125mn of incentives will be allocated.
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The carrier follows Convex into the distressed market, where rates are expected to soar after damaging Covid-19 losses.
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Proceeds of the 30-year bond sale are earmarked for “general corporate purposes”.
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Equity analysts report of investor concern about Eiopa’s stance on dividends during the Covid-19 pandemic.
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