Sompo Canopius moves to address headcount

Lloyd's (re)insurer Sompo Canopius has told staff that the
next stage of its efficiency programme will involve a meaningful
reduction in headcount, The Insurance
Insider can reveal.
Staff were told yesterday (3 March) that the company, which
employs 750 people, is looking to reduce that number to less than
600 and is starting a formal consultation process.
Sompo Canopius is understood to have told staff that it will
look to fill all normal vacancies internally and reduce the use of...