Insurer Aviva to move 950 more jobs to India, Sri Lanka
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British insurance giant Aviva announced plans to export 950 more jobs to India and Sri Lanka next year, with a total of 7,000 staff expected to be offshored by the end of 2007.
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Insurance giant Norwich Union has announced plans to move its business to India in a move which will lead to compulsory redundancies in Britain.
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The U.K.-based TT Club, a leading transport insurance mutual, announced that it is assigning more resources to expand its presence in the continental European market, particularly in Germany, Scandinavia and ...
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NEW DELHI (DPA): Two Indian aircraft equipped as mobile hospitals left for Sri Lanka Friday to treat victims of Sunday&#39;s tidal waves.
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LONDON Reuters, the news agency and financial-data company, said Thursday that it would triple its number of employees in India by the end of next year, as the company tries to meet stringent cost-cutting targets.
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Reuters, the news service and data company, which is trying to meet stringent cost-cutting targets, said Thursday it would triple the number of employees it has in India by the end of next year.
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Aviva, the insurer, said on Thursday new business sales for its core life and pensions units rose 21 per cent to &pound;22.9bn ($46bn) in the first nine months of the year, boosted by strong performance in its overseas markets.
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Insurance giant Royal &amp; Sun Alliance (RSA) is set to send over 1,000 jobs to India to cut costs and offer the company âgreater operational flexibilityâ.
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AVIVA, owner of Norwich Union and Britainâs largest insurer, plans to make around 150 people in the UK redundant next year as it increases its offshoring capacity by creating 950 jobs in India and Sri Lanka.
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UK insurance giant Royal &amp; Sun Alliance is to offshore some 1,200 back office and call center jobs to India over the next two years.
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Aviva, the biggest insurer in Britain, said Thursday that sales jumped in the first nine months of the year, with strong growth in Europe and the United States offsetting slow progress at home.
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LONDON: Britain&#39;s National Health Service (NHS) is expected to move around 400 jobs to India to save costs as part of a part-privatisation of its back-office accounting and purchasing division.
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A myriad of financial institutions including banks, mutual funds, insurance companies, investment firms and credit-card companies are sending work to overseas locations.
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Aviva, the biggest British insurer, said sales of its worldwide life and pensions rose by 7.0 percent to 1.84 billion pounds (2.64 billion euros, 3.37 billion dollars) in the nine months to September, as it looked to further expand operations in Asia.
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Indian subsidiary has grown from around 300 staff early last year to about 2,000 today, and serves over 100 customers around the world.
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LONDON  - British insurer Royal &amp; SunAlliance said Monday it plans to transfer more than 1,100 jobs to India over the next few years in a bid to cut costs.
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Aviva, the biggest insurer in Britain has delivered better-than-forecast pretax profits for the first half, spurred by strong sales growth and a solid performance at its vehicle breakdown service.