Home Featured
Featured
Dutch bancassurer ING to sell its global insurance unit by the end of 2013
Dutch bancassurer ING Groep must sell its global insurance unit by the end of 2013, the consequence of its 10 billion euro ($15 billion)...
AEGON returned to profit in the third quarter with a net income of €145 million
AEGON returned to profit in the third quarter this year, helped by an improvement in world financial markets and a substantial decline in impairments.
The...
British woman convicted of insurance fraud for faking his death to repay £600,000 pounds
A British woman convicted of insurance fraud with her husband for faking his death in a canoe accident has offered to repay nearly 600,000...
Allianz Insurance reports growths in profits and premiums with an operating profit of €1.9 billion
Allianz unveiled forecast-beating quarterly earnings on the back of strong performances in life insurance and asset management, boosting its shares by more than 5.5...
2,000 insurance agents of AIG’s Taiwan unit protest against a proposal to sell the local unit
About 2,000 insurance agents for a local unit of American International Group protested Wednesday against a proposal to sell the company's Taiwan unit to...
ING reports quarterly profit after restructuring
Dutch banking and insurance group ING reported a sharp switch into quarterly profit on Wednesday as it restructured after a government bail-out and said...
Allianz & HSBC Insurance Setting an example with green reinstatement
Allianz and HSBC Insurance as global players share an interest: sustainability is a priority for both companies and they are keen to ensure their...
British bank Lloyds to cut 5,000 jobs
Britain's state-controlled Lloyds Banking Group is to cut 5,000 roles by the end of 2010, it said on Tuesday, confirming earlier media reports.
"LBG is...
French insurance giant AXA hunts for bargains
French insurance giant AXA said Monday it would raise capital of two billion euros (3.0 billion dollars) to finance takeovers, particularly its Australian branch...
Allianz reports 1.32 billion euros in 3rd quarter profit
German insurance group Allianz posted Monday a third quarter profit of 1.32 billion euros (1.97 billion dollars), in line with expectations and nearly double...
Prime Minister Gordon Brown call for financial transactions tax gets cold shoulder
British Prime Minister Gordon Brown surprised G20 finance ministers by urging them to consider a tax on global financial transactions, but the idea got...
Obama to push lawmakers on historic health care vote
President Barack Obama, his top domestic priority in the balance, was to make a rare in-person plea Saturday for wary lawmakers to cast an...
AIG reports quarterly profit of $455 million
Bailed out insurance giant AIG on Friday announced a profit of 455 million dollars in the third quarter, a massive turnaround from a 24.4...
Hannover RE’s net profit rises to reach €159.4 million in the 3rd quarter
Hannover Re raised its 2009 earnings targets after third-quarter results beat expectations thanks to low damage claims and revitalised investment income, sending its shares...
RBS more than halved its operating losses to £1.5 billion in 3rd quarter
Royal Bank of Scotland reported on Friday a net quarterly loss of 1.8 billion pounds (2.0 billion euros, 3.0 billion dollars) and said it...
RSA Insurance’s revenue rises 4 percent with net written premiums of £5 billion
RSA Insurance Group Plc, the U.K.’s biggest non-life insurer, said nine-month revenue rose 4 percent on higher sales in Canada and Scandinavia.
Net written premiums...
Zurich Financial’s net profits down 24 percent over nine months
Swiss insurer Zurich Financial Services said Thursday its net profit fell 24 percent, slightly lower than expected, over the past nine months to 2.2...
Munich RE reports €1.8 billion profit for the first nine months of 2009
The world's biggest re-insurance group, Munich Re, said Thursday it aimed for a full-year net profit of between 2.2-2.5 billion euros (3.3-3.7 billion dollars)...
European insurance sector shows resilience to the economic crisis
The European insurance sector is demonstrating resilience to the economic crisis, according to figures released todaby the CEA, the European insurance and reinsurance federation.
The...
ABI warns of rising global temperatures impacts on property insurance in the UK
Rising global temperatures will put the heat on insurance as flood costs rise - new research from the ABI
A rise in global temperatures could...
Prev
