Zurich Financial Services
Regulations will scare off investment in banking sector, insurance industry warns
Banks might find a lack of investment from the insurance sector under current regulatory proposals
FSA appoints chairman of Financial Services Compensation Scheme
Churchill replaces existing chairman David Hall
Cagan appointed head of op risk at JP Morgan
Cagan moves from compliance role at Citi to new op risk post
Zurich CRO warns of 'complacency about pandemic threat'
The financial industry must give more consideration to pandemic risk, says Scott
Industry underestimating risk of cybercrime, forum hears
Survey results show infosecurity is a low concern, but industry expert says otherwise
Insurers await Solvency II clarity for asset allocation
Feeling the way
Calls for consistency over risk-free rate
Rates manoeuvres
IIF warns Solvency II risk charges may lead to imprudent asset allocation by insurers
IIF warns Solvency II risk charges may lead to imprudent asset allocation by insurers
IIF calls for co-ordination in banking and insurance regulation
In its latest report, the IIF calls for cross-sector co-ordination in banking and insurance regulation
Downturn in markets leaves Swiss investors hungry for leveraged structured products, says Scoach
The structured products industry in Switzerland is flourishing as investors seek hedging strategies in the wake of the Japanese tsunami, says trading platform Scoach
Eurozone unlikely to break up, says Zurich chief economist
The chief economist of Zurich Financial Services believes there is the political will necessary to protect the eurozone over the long term
Penny Cagan leaves Algo First for Citi
In a surprise move, First database founder Penny Cagan departs Algorithmics.
MCEV – the quest for market consistency
After the extreme volatility of 2008 spoiled the MCEV launch party, investors have been understandably wary of the way some firms have taken a hardline stance on market consistency. Now the variance in how non-hedgable risks are assessed is what is…
WEF: Oil price spikes remain top 10 risk for 2010
Oil price spikes remain one of the World Economic Forum's (WEF) top 10 economic risks for 2010, with the risk-rating moving up to medium risk from low risk in 2009.
Zurich Corporate Pensions appoints new UK head
Simon Foster has been promoted to head of Zurich Corporate Pensions, UK, from director of proposition management and development. A fellow of the Institute of Actuaries, Foster has been with Zurich since 1991 and has held a wide variety of positions…
BNP Paribas loses head of insurance and pensions
Mark Azzopardi, London-based head of insurance and pensions at BNP Paribas, has left the bank for a role with asset manager AllianceBernstein.
IIF Insurance Committee set up
Daily news headlines
BNP Paribas Asset Management acquires fund of hedge funds business
BNP Paribas Asset Management is to acquire the Javelin fund of hedge funds business currently owned by ZCM Investor Capital, the US subsidiary of Swiss group Zurich Financial Services.
BNP Paribas beats SG for ZCM assets
French bank BNP Paribas has entered the final stages of negotiations to purchase about 140 structured transactions linked to funds investments from Zurich Capital Markets (ZCM), a division of Swiss insurer Zurich Financial.