earnings
Allianz : Central and Eastern Europe achieves solid results in 2012
Allianz in Central and Eastern Europe (CEE) reported solid results in 2012. Despite the difficult overall environment, total revenues of 3.7 billion euros were...
Allianz : remains on full year profit target despite Hurricane Sandy
German insurance giant Allianz said it was sticking to its full-year profit forecast despite taking a hit of 455 million euros ($590 million) from...
Allianz : profits up seven-fold in third quarter
German insurance giant Allianz announced that net profit soared nearly seven-fold in the third quarter, because year-earlier figures had been hit by heavy writedowns...
Munich Re : rises its full year profit forecast
Munich Re said it was raising its full-year profit forecast, despite the expected claims losses from superstorm Sandy that battered the United States last...
Hannover Re : confident for 2012 after ‘pleasing’ first half
German reinsurance giant Hannover Re said it was anticipating "good results" for 2012 after a "very pleasing" first six months.
"In view of the...
Allianz : profits soar 60%
German insurance giant Allianz on Tuesday said its net profits soared by 60 per cent in the first quarter of 2012 and confirmed its...
Prudential : posts increased profits from Asian demand
Britain's biggest insurer Prudential on Wednesday announced an eight per cent rise in first-quarter profits on strong Asian demand for its products.
Prudential said new...
Munich Re : reports return to profit after tsunami blow
Munich Re announced it had returned to first-quarter profit after a difficult start to 2011 hit by the devastating earthquake and tsunami in Japan.
The...
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...
Lloyds Banking Group announces bonus adjustments
Lloyds Banking Group announced it would claw back some executive bonuses after the state-rescued British lender was forced to pay out billions of pounds...
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...
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...
AIA : new business up 53 per cent on year in 3Q
A strong premium income growth in China and Malaysia drove AIA to report its highest ever quarterly new business value.
AIA, 32.89 per cent-owned by...
Natural disasters result in massive losses for Lloyd’s
This year has been the second most expensive year ever for insurers due to an onslaught of natural disasters.
Lloyd's of London's 88 underwriting syndicates...
Lloyd’s : earnings dive in red from catastrophes
The Lloyd's of London insurance market announced first-half losses due to an unprecedented number of major natural catastrophes including the Japanese earthquake and tsunami.
The...
PruProtect : attributes profits to selling through IFAs
The introduction of seven new products and the use of IFAs have both been identified as factors that enabled PruProtect to deliver a £2.2...
Admiral : record profit but market eyes competition
U.K. motor insurer Admiral Group posted record first-half profit as its revenue soared 53%, but its shares fell on concerns that the company's major...
