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AXA Wealth : 2012 first quarter results
AXA Wealth sales to 31 March 2012 totalled £845m. This follows strong results from Architas, its specialist investment company, which saw total assets up...
Hiscox : Q1 Interim Management Statement
Hiscox issues its Interim Management Statement for the first three months of the year to 31 March 2012.
Hiscox’s gross written premiums remained broadly stable...
Legal & General : Investment Management enjoys healt
Legal & General Investment Management delivered another set of healthy new business results during the first quarter of 2012.
Net new business inflows were up...
MMA : announced its 2011 annual results
MMA Insurance has announced its 2011 annual results: the final numbers that will be issued before the business is merged with Provident Insurance to...
Hannover Re : first quarter interim report with higher premium income and profitability
Hannover Re expressed considerable satisfaction with its results for the first quarter of 2012. "We generated exceptionally good Group net income of EUR 261...
Novae Group : interim management statement, underwriting and investment performance in line with targets
Novae Group today releases its first interim management statement for 2012. This covers underwriting and investment performance for the first three months of 2012,...
Munich Re : sees ‘gratifying’ first quarter
Munich Re said Thursday it expects first-quarter profits to be "gratifying" amid a calmer situation on the financial markets and fewer losses than last...
Generali : shares drop after profit plunge
Shares in Italian insurer Generali, a leading European insurance group, dropped almost 3.0 percent on the Milan stock exchange, after the company posted a...
Glaxo sells key European brands to Belgium’s Omega Pharma
British drugmaker GlaxoSmithKline said Thursday that it would sell a stable of well-known European over-the-counter brands, including Nytol sleep aid, to Belgium's Omega Pharma.
"GSK...
Prudential : Asian insurance demand lifts Prudential profits
Britain's biggest insurer Prudential on Tuesday announced a small rise in annual net profits to £1.49 billion on strong Asian demand and posted a...
Hannover Re : profits down in 2011
German reinsurance giant Hannover Re said Wednesday it was optimistic with regard to the outlook for the current year after a string of natural...
Munich Re : profits up more than threefold in 2012
Munich Re, the world's leading reinsurer, said Tuesday it is projecting a threefold increase in profits this year to around 2.5 billion euros ($3.3...
HSBC : units in Asia and South America sold
Banking giant HSBC has said it has agreed to sell its general-insurance businesses in Hong Kong, Singapore, Argentina and Mexico for around $914 million.
The...
Aviva : annual profits slump 85%
British insurer Aviva announced that annual net profits slumped 85 per cent on exceptional charges and due to economic strains in Europe, but underlying...
AIA : announces business results for 2011
AIA Group Limited announces record new business results for the year ended 30 November 2011. The highlights are:
- 40 per cent increase in Value...
RBS : announces annual net loss of almost £2 billion
State-rescued Royal Bank of Scotland on Thursday said its net losses widened to almost £2.0 billion in 2011, hit by the Greek debt crisis...
Allianz : profits halved by Greece and natural disasters
German insurance giant Allianz said Thursday natural catastrophes and losses on its investments in Greece slashed its bottom-line in half in 2011.
Allianz said in...
XL Group see’s red in 2011
The XL Group has revealed their fourth quarter and full year results for 2011, reiterating the damage the increased natural catastrophe's had on the...
Catlin sees profit despite huge natcat loss
Despite experiencing almost USD1 billion (£625m) in natural catastrophe losses Catlin managed to avoid the red in 2011, according to the company's financial results...
ING wary of Greece
Dutch banking and insurance group ING said effects from the European debt crisis were worsening, and that serious consequences could arise from a disorderly...
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