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Novae Group reports gross written premium in rise
Group highlights
Group gross written premium for the nine months of 2009: £308.2 million, up 15.1% (Q1-Q3 2008: £267.8 million)
Rate increases averaged 9% for the...
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...
German Hypo Real Estate Bank reports heavy losses of €574 million
German state-owned bank Hypo Real Estate reported on Wednesday a net loss of 574 million euros (860 million dollars) in the third quarter of...
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...
Jardine Lloyd Thompson’s results in line with 3rd quarter expectations
Jardine Lloyd Thompson Group plc is today releasing its Interim Management Statement for the three months ended 30th September 2009 in accordance with the...
Danish leading insurer TrygVesta reports strong growth
TrygVesta saw sustained growth in the third quarter of the year and maintains its target of full-year growth of 8%. The Group upgrades its...
CNA financial announces 3rd quarter profit
Hightlights:
Net operating income of $331 million
Net income of $263 million
Book value per common share of $35.38
CNA Financial Corporation announced third quarter 2009 results,...
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...
Hiscox reports a growth with a premium income up 31.7% to £1,212.2 million
Hiscox Ltd, the international specialist insurer, today issues its Interim Management Statement for the first nine months of the year to 30 September v2009.
The...
AXA to launch a rights offer to raise €2 billion to finance acquisition opportunities
French insurer AXA SA launched a rights offer to raise 2 billion euros (1.79 billion pounds) to part fund growth plans, the company said...
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...
AXA announced today a joint offer with AMP whereby AXA would acquire 100% of AXA APH’s Asian businesses
AXA announced that a joint offer was submitted by AMP and AXA to the AXA Asia Pacific Holdings (“AXA APH”) board on November 6,...
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...
Banking Barclays and HSBC to give results
Banking giants Barclays and HSBC should confirm a widening gap in performance with their part-nationalised counterparts when they report third quarter figures on Tuesday.
The...
Bailout puts £1.5tn on UK debt
An estimated £1.5 trillion will be added to the national debt as a result of the financial crisis, the Office of National Statistics (ONS)...
Generali ready to pay dividends on future results
Generali's chief executive, Giovanni Perissinotto, said Friday that the company is ready to pay a dividend on future results, reiterating that the payout ratio...
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...
Aviva Investors challenges global stock exchanges to take action on corporate responsibility
Aviva Investors, the global asset management business of Aviva plc, has called on stock exchanges around the globe to more actively promote corporate responsibility...
Dutch insurer Delta Lloyd IPO prices at low end
Dutch insurer Delta Lloyd's initial public offering priced at 16 euros per share - at the lower end of an indicated range -- and...
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