The families of four of the victims killed in Monday’s bloody hostage crisis in Manila will receive compensation totaling up to HK$1,320,000 (US$170,000) for each victim. The sum comprises a HK$300,000 payout from the insurer of the Hong Kong organised tour they had been travelling on, a HK$20,000 gratuity from the Hong Kong government, as ...
Zurich Insurance says its loss of customer information was “unacceptable” The UK operation of Zurich Insurance has been fined £2.27m by the Financial Services Authority (FSA) for losing personal details of 46,000 customers. It is the highest fine levied on a single firm for data security failings. Margaret Cole, the FSA’s director of enforcement and ...
Kuala Lumpur, 24 August 2010 — Chartis Malaysia Insurance Berhad, the property-casualty and general insurance provider, has announced the appointment of Matt Harris as Chief Executive Officer with effect from 3 August 2010. His appointment follows the promotion of former Chief Executive Officer, Rob Ryan, to Executive Vice President and Chief Administration Officer of Chartis ...