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AXA : sale of Denplan signed and closed
AXA announces the closure of the Denplan sale to Simplyhealth Group for GBP115 million on a debt free cash free basis.
After a pre-disposal...
Lloyds : spending power down just in time for Christmas
Does it feel like this years Christmas shopping is a bit harder to cope with financially than last years? Well thats because it is,...
S&P : European insurers latest to get credit warning
Standard & Poor's on Friday warned a swathe of European insurers that they could face a credit downgrade as a result of the continent's...
ING : says to set aside millions for US insurance contracts
Dutch banker ING said on Wednesday it was setting aside a fourth-quarter provision of 900 million to 1.1 billion euros to cover commitments on...
Allianz : Eurozone on the road to recovery?
For the first time since the global financial crisis began, economic imbalances in the eurozone as a whole have relaxed slightly, an Allianz report...
Aon Benfield : just as strong as last year
Despite a large amount of natural disasters in 2011, Aon Benfield has reported that their financial strength has “remained broadly unchanged.”
In the latest edition...
Aviva : pensioners have less income, less savings and more debt
UK pensioners are financially worse off today than they were one year ago, says Aviva.
While the average income for over 55's has dropped since...
TD Direct Investing : world’s largest survey into investor confidence
TD Direct Investing has launched the Global Investor Confidence Study. This is the biggest investor confidence survey that takes the pulse of thousands of...
JP Morgan : 2011 review and 2012 outlook
Review of 2011
Investors have had a difficult year. With stubbornly high inflation to contend with in the Eurozone, the UK and the US, weak...
Cinven : acquisition of Guardian Financial Services completed
European private equity firm, Cinven, announces the completion of its acquisition of Guardian Financial Services (“Guardian” or “the Company”), the UK closed book of...
Virgin Money : announced acquisition of Northern Rock
Virgin Money has agreed to purchase Northern Rock from Her Majesty’s Treasury. The deal is subject to regulatory and EU merger approval and is...
Allianz : profits slump in third quarter
German insurance giant Allianz said on Friday that earnings plunged in the third quarter, hit by turmoil on financial market, but the group said...
ZFS : Q3 profits surge despite catastrophes
Swiss insurer Zurich Financial Services (ZFS) posted Thursday a 64 per cent jump in third quarter net profit to $1.2 billion, despite what it...
Prudential : sales rise 10% on Asia growth
In the first nine months of 2011, sales rose 10 per cent for Prudential compared with the same part of last year thanks...
Munich Re : profits down in third quarter
Natural catastrophes, exchange rate volatility and the Euro-zone debt crisis hit Munich Re’s earnings in the third quarter.
Munich Re said in a statement its...
IMF : Christine Lagarde urges Russia and emerging Europe to guard against global economy risks
IMF managing director Christine Lagarde called on Russia and emerging Europe to strengthen policies to guard against rising risks in the global economy.
"The risks...
World Health Organisation plans financial reforms
The World Health Organisation plans financial reforms as it seeks to cope with budget shortfalls the global economic crisis.
Proposals include reducing the size of...
Weak third quarter for Finnish insurance group Sampo
Finland's biggest insurance group Sampo saw its net profit plummet by more than half to 125 million euros ($172 million) in the third quarter...
AXA Wealth : 87% rise in 2011 platform sales
An 87% rise in platform sales on Elevate bring total platform assets under administration at the end of Q3 2011 to £3.1bn. Platform business...
Axa : 2011 revenues are down 2%
For the first nine months of 2011, Axa’s revenues were down 2% to Euro 65.9 billion. Strategically, the insurer confirms its objectives for the...
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