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Swiss Life to cut 520 jobs as net profits fall 92%
Swiss Life Holding has announced it is to implement a cost cutting programme after revealing that net profits for the first half of the...
Hiscox insurance report a 30% profit rise
Hiscox reported a pre-tax profit of £141.4m ($231.4m) in the first half of 2009, up 29.5% from £109.2m in the same period last year.
Financial...
Admiral announces profit before tax up 5% for H1 2009
Admiral achieves another record half year profit coupled with continued good growth. Profit before tax at £105.3 million was 5% ahead of H1 2008,...
UK based Amlin delivers record earnings for the first six months 09
UK-BASED insurer Amlin has reported gross written premiums of £950.1m for the first half of 2009, up from £715.5m in the same period last...
Insurance Australia Group (IAG) reports profits for Financial Year 09
Insurance Australia Group Limited (IAG) today announced a net profit after tax of $181 million for the 12 months ended 30 June 2009 (FY08:...
QBE announces a record first half year profit up 19%
The Board of QBE Insurance Group is pleased to announce a record profit after tax for the half year ended 30 June 2009 of...
Fortis first-half net profit fell 38%
First-half net profit fell 38% as the economic downturn increased loan losses and pressured margins.
Chairman Jan van Rutte said loan losses and unpaid mortgages...
Markel Reports Second Quarter and Six-Month Results
Markel Corporation (NYSE: MKL) reported diluted net income per share of $3.34 for the quarter ended June 30, 2009 compared to $8.29 for the...
Allianz reports H1 profits in fall
Allianz UK has released its financial results for the first six months of the year.
Gross Written Premiums up 2.9% over same period in 2008
...
Good underlying growth in difficult market conditions for Bupa
Bupa Group, the private health insurance and health care services provider sets out below its unaudited results for the six months to 30 June...
ING posts 2Q underlying net profit of EUR 229 million
Second Quarter 2009 underlying net profit of EUR 229 million shows improvement from underlying net loss of EUR -305 million in first quarter 2009...
Resolution Will Buy Friends Provident for $3 Billion
Friends Provident, a British insurance company, has accepted a revised bid from a buyout firm, Resolution, worth £1.86 billion ($3.1 billion) after rejecting two...
RBS Insurance half year results declines
Royal Bank of Scotland Insurance has announced a £83m decline in operating profit to £217m for the first half of 2009
For RBS Insurance, insurance...
Paris Re net income drop 20% for the second quarter of 2009
PARIS RE Holdings Limited announced a net operating income1 of US $59.4 million, or US $0.72 per share, for the second quarter ended June...
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%...
AIG reports profits for second quarter 2009
AIG today reported its first quarterly profit since the third quarter of 2007, as certain of its businesses stabilized and the company’s results reflected...
Giant Allianz’s operating profits fall
Allianz Group’s operating profit fall to €3.2bn (-34%) for the first half f 2009, compared to €4.9bn in the same period last year.
Property and...
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...
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...
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