Advertisement
Singapore markets closed

  • Straits Times Index

    3,290.70
    +24.75 (+0.76%)
     

  • Nikkei

    38,229.11
    +155.13 (+0.41%)
     

  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • Bitcoin USD

    60,878.84
    -2,048.49 (-3.26%)
     

  • CMC Crypto 200

    1,265.58
    -92.42 (-6.81%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • Dow

    39,512.84
    +125.08 (+0.32%)
     

  • Nasdaq

    16,340.87
    -5.40 (-0.03%)
     

  • Gold

    2,366.90
    +26.60 (+1.14%)
     

  • Crude Oil

    78.20
    -1.06 (-1.34%)
     

  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     

  • FTSE Bursa Malaysia

    1,600.67
    -0.55 (-0.03%)
     

  • Jakarta Composite Index

    7,088.79
    -34.81 (-0.49%)
     

  • PSE Index

    6,511.93
    -30.53 (-0.47%)
     

Insurer Admiral says Chairman Alastair Lyons to retire

Reuters

(Reuters) - British insurer Admiral Group Plc (ADML.L) said on Wednesday Non-Executive Chairman Alastair Lyons would retire in April after almost 17 years.

"With the change of CEO last year from Henry to David successfully completed, it is the right time for me also to handover," Lyons said in a statement.

Admiral, which has said it could move its European business to Ireland or another country if British insurers lose their right to sell their products across Europe as a consequence of leaving the EU, said an announcement about Lyons's successor will be made once it gets regulatory approvals.

(Reporting by Noor Zainab Hussain in Bengaluru)