earnings
Prudential : net profits nearly double in first half
British insurance giant announced that net profits nearly doubled in the year’s first half. This is boosted by strength in Asia and the United...
Greek losses hit results at German insurer Allianz
German insurance giant Allianz announced that its second-quarter net profit fell seven per cent to EUR 1.07 billion ($1.5 billion) after a large charge...
Lloyds Banking Group slumps to heavy loss
Britain's state-rescued Lloyds Banking Group reported a first-half net loss of £2.3 billion (2.6 billion euros, $3.8 billion) after being forced to compensate clients...
Aviva : profits tumble 89%
British insurer Aviva announced that net profits slumped 89 per cent in the first half on exceptional charges, but its underlying earnings rose and...
Barclays bank first-half net profit slides 38% to £1.5 bln
British bank Barclays announced its first half net profit slid 38 per cent as investment division revenues fell and after it set aside £1.0...
AIA : shares hit record high on soaring profits
Shares in Asian insurance giant AIA touched a record high in Hong Kong Friday as the firm said net profit in the first six...
Munich Re : issues profit warning on Japan catastrophe
Munich Re warned Wednesday it would post a loss for the first quarter because of Japan's massive earthquake and tsunami in March.
Munich Re said...
Insurance market Lloyd’s 2010 profits tumble
The Lloyd's of London insurance market said Wednesday that profits sank last year due to major claims arising from earthquakes in Chile and New...
Arista 2010 figures show progress in the UK market
Commercial lines underwriting specialist Arista Insurance has recorded an EBITDA profit during 2010 of £682,471 compared with an overall loss in 2009 of £941,716.
The...
Insurer Prudential doubles profits in 2010
British insurance giant Prudential insisted Wednesday that growth in Asia was the group's priority as it announced a doubling of net profits for last...
Profits down for Brit Insurance
Brit Insurance, which has been sold to US private equity firms Apollo and CVC Capital, has been hit by earthquake claims and weaker investment...
Big unit sales, listing bring AIG back to profit
The sale of key units helped push US insurance giant AIG -- a firm at the epicenter of the US financial crisis -- back...
Insurer AIA says 2010 profit soars 54%
Asian insurance giant AIA said Friday its net profit last year soared more than 50 percent to $2.7 billion, several months after it raised...
Lower profits, shares issue for Dutch insurer Aegon
Dutch insurer Aegon announced a 19 percent drop in fourth quarter net profit Thursday, and said it would issue shares worth about 900 million...
Insurer Allianz sees ops profit of 8 bln euros this year
German insurance giant Allianz said Thursday that it foresees an operating profit of eight billion euros ($11 billion) this year, give or take half...
Swiss Re profits soar 74%
Swiss Re announced its 2010 net profit soared 74 percent to $863 million (635 million euros) but it still fell well short of analyst...
Insurer Zurich posts 13% slump in 2010 net profit
Swiss insurer Zurich Financial Services on Thursday posted a 13 percent slump in annual net profit to 3.43 billion dollars, hurt by losses from...
Finland’s Sampo Group doubles fourth-quarter result
Finland's biggest insurance group Sampo reported a doubling of fourth-quarter net profits to 302 million euros ($412 million), beating expectations and boosting full-year profits...
Bank of America posts $1.2 bn quarterly loss
Bank of America, the biggest US bank, reported Friday a net loss of $1.2 billion for the fourth quarter, citing a hefty charge in...
Swiss Re : nearly doubles profits and repays Buffett
Swiss Re, one of the world's biggest insurers reported on Thursday a near doubling of its third-quarter net profit, allowing it to repay crisis...
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