profit
Strong 2012 results mark Arista’s third year in profit
Commercial lines underwriting specialist Arista Insurance has posted another strong set of results, with 2012 figures showing GWP is up to £81m from £74m...
RSA Group : 2012 full year results
Simon Lee, RSA Group CEO comments on full year results :
"These are a solid set of results demonstrating strong progress in challenging market conditions....
Munich Re : €3.2 billion profits for 2012 and raises dividend
Munich Re’s preliminary figures show a profit of €3.2bn for 2012 (previous year: €0.71bn). The profit for the fourth quarter of 2012 totalled €0.48bn (0.63bn)....
Swiss Re : Q3 reported profit jump to $2.2 billion
Reinsurance giant Swiss Re posted a third-quarter net profit of $2.2 billion (1.7 billion euros) on Thursday, up sharply from $1.3 billion at this...
U.S. : $15 billion earned on AIG bailout
The US government has raked in $15.1 billion in profits on its massive rescue of insurer AIG, the Treasury said Tuesday in a rebuff...
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...
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A sustained period of flat-line growth in the established insurance markets has led many companies...
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...
Austria’s UNIQA €274 million in the red
Austrian insurer UNIQA reported it's results for 2011 last week, revealing let losses of €330 million (£274m). The company credited the result to a...
Munich Re’s profits drop by 71% in 2011
Munich Re's profits plummeted last year because of the eurozone debt crisis and a string of natural disasters, the reinsurer reported today.
In 2010 the...
Why are insurance prices on the rise?
Insurance prices are jumping more and more every year and insurance companies always give the same reason – they're doing it tough just like...
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...
Aegon : profit dip on weak dollar
Dutch insurer Aegon published a second-quarter 2.0-percent dip in net profit saying that a fall of the dollar and increased life expectancy in the...
ZFS : Insurer Zurich posts 88% rise in Q2 net profit
Swiss insurer Zurich Financial Services (ZFS) announced second quarter net profit rose 88 per cent to $1.3 billion, boosted by the sale of a...
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...
Munich Re profit up 3.8%, takes Greek debt hit
Germany's Munich Re announced its second quarter net profit rose 3.8 per cent to 736 million euros ($1.05 billion) despite a heavy charge on...
Aon : second quarter results
Aon announced quarterly profit as its acquisition of Hewitt Associates paid off, but the world's largest insurance broker said it still expects soft insurance...
