ZURICH FINANCIAL SERVICES may drop the brand names of its UK life divisions, says the Times , once it merges Allied Dunbar and Eagle Star into one legal entity later this year.
First-half profits reported yesterday rose 93% in the last six months to £800m largely as a result of general insurance business but a spokesman for the Zurich said the merging of Allied Dunbar, Eagle Star and Zurich UK was part of a long-running plan to streamline the group. The spokesman is quoted as saying: "There are many brands within the Zurich empire and we would like to reduce that to one global brand over time." WORRIES ABOUT the oil market and its impact on the economy are increasing, as the Scotsman points out the price of oil rocketed again in New York yesterday, and is no...
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