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Groupama introduces a new Eco-friendly Appliance Replacement Plan
To promote energy savings in the home, Groupama is introducing an innovative new “Eco-friendly” Appliance Replacement Plan. All non-reparable faulty appliances will be systematically...
Catlin group has announced 60 % increase in profit
Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announces its financial results for the six months ended 30 June 2009 : 60%...
Zurich successfully completes its cash tender offer for preferred securities
Zurich Financial Services Group (Zurich) announced today that its cash tender offer for certain outstanding securities (subordinated debt) expired at 5 p.m., New York...
Clive Stoddart returns to Aon as executive director
Clive Stoddart has returned to Aon, the global risk and insurance firm, to head up its kidnap and random team. As executive director, he...
Aviva UK Health offers market leading group income protection terms
Aviva today announced that it has significantly increased its Group Income Protection Maximum Income Benefit Limit and Employer Pension Fund Contributions (PFC) meaning that...
Zurich appoints Martin Senn Chief Executive Officer
Zurich Financial Services Group (Zurich) announced today that its Board of Directors has appointed Martin Senn (52, Swiss) to the role of Chief Executive...
ACE European Group – Mike Reynolds Appointed as Chief Financial Officer
ACE European Group (AEG) today announced the appointment of Mike Reynolds as its new Chief Financial Officer. Philippa Curtis, CFO for ACE’s European operations...
Standard Life profit down 35%
Operating profit drop from 500£m (H1 2008) to 346£m (H1 2009).
Cash flow and capital position robust
Core capital and cash generation after tax of £167m...
RSA announced a 25% reduction of its net profits
RSA, the UK non-life insurer, announced a 25% reduction of its net profits for the first half of 2009.
Strong Group performance in challenging conditions
Net...
Brit Insurance appoints Fiona Gibbs as Motor Fleet Underwriter
Brit Insurance Holdings PLC, ("Brit Insurance" or "The Group"), the international general insurance and reinsurance group, today announces the appointment of Fiona Gibbs as...
Zurich announces an increase with USD 1.5 billion quarterly operating profit
Zurich Financial Services Group (Zurich) reported today its 26th straight quarter of profitability and its third consecutive quarter-on-quarter profit increase since the financial crisis...
Hannover Re reports good results for the first half of 2009
Hannover Re, the German reinsurance, said that net income for the first half of 2009 jumped 66%, as 'positive' effects on life and health...
AXA UK – Life and Savings (H1 2009 results)
AXA UK’s Life and Savings business includes AXA Winterthur Wealth Management, Corporate Pensions, Protection, AXA Distribution Services (which trades through the Wrap platform Elevate)...
AXA UK – Bluefin – independent distribution businesses (H1 2009 results)
Bluefin Advisory Services (BAS) provides financial advice and wealth management and corporate consulting services and won Corporate Adviser Firm of the Year 2009*. Overall...
AXA UK – General and Healthcare Insurance (H1 2009 results)
Total General Insurance and Healthcare - AXA Insurance including Swiftcover, AXA Ireland and AXA PPP - insurance revenues remained flat at £1,866m in H1...
Bermuda-based Lloyd’s insurer Hardy Underwriting announced lower interim results
Financial Highlights
profit before tax and foreign exchange movements £18.7m (2008: £7.3m)
profit before tax of £7.8m (2008: £8.7m)
combined ratio before foreign exchange movements 75.7%...
Motorists snub additional car cover to cost save in the credit crunch
According to esure insurance's in-house figures, there has been over a seven per cent fall in take up (7.2 per cent) of no claim...
Financial Institutions Insurance Market Continues to Harden
Financial institutions faced an average premium hike of 15 percent in the second quarter of 2009, as insurers seek to make up for underwriting...
Record Breaking Sales at Kwik Fit Insurance
Kwik Fit Insurance (KFI) reported record breaking sales this week which saw the insurance intermediary boast its strongest figures for a single day of...
AXA Group net income for half year 2009 fell 39 percent to 1.32 billion euros
Earnings recovery in 1H09 versus 2H08:
Underlying Earnings: Euro 2,116 million down 26% yoy, up 63% sequentially
Adjusted Earnings: Euro 1,736 million down 50% yoy,...
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