shareholders
Shareholder battle throws Generali into turmoil
Shareholders of Italian insurance giant Generali were preparing Friday to oust their CEO amid a climate of revolt against executives and as France moves...
Aviva : shareholders reject executive pay plans
British insurer Aviva said Thursday that more than half of its shareholders have failed to back its executive pay awards, in the latest sign...
Australia floods : early market estimates put losses at about $1 billion for the insurance sector
Suncorp shares slumped 3 per cent, or 26c, to $8.35, knocking $330m from its value, QBE shares lost 38c, or $380m in value, to...
Special dividend for IAG shareholders
After enduring four years of falling or static dividends, shareholders in Insurance Australia Group could finally be in line for a significant one-off payout...
IAG welcomes action against unsolicited offers for shares
Insurance Australia Group Limited (IAG) has welcomed the passage through parliament of the Corporations Amendment (No.1) Bill 2010.
IAG Group General Manager, Corporate Affairs &...
Announcement : Aviva says profits to grow this year as sales rise
U.K. insurer Aviva PLC Tuesday said it is positioned to deliver strong, profitable growth and "outstanding capital generation" for 2010 after it posted a...
Acquisition : Apollo and CVC confirm Brit Insurance bid
Apollo and CVC finally published details of their offer on Tuesday as Brit released an update on its trading performance to the market. The...
Announcement : Aegis welcomes approval of Scheme by Mitchell Shareholders
Aegis Group plc (“Aegis”) welcomes the announcement made today by Mitchell Communication Group (“Mitchell”) confirming that Mitchell Shareholders approved the scheme of arrangement in...
AIG : Commences Exchange Offer
American International Group Inc. (AIG) on Friday commenced an offer to exchange up to 74.5 million of its equity units, a move that comes...
Goldman Sachs says Prudential’s Asian plan is right
Prudential should sell its American business before hiving off its Asian assets, a confidential strategic review designed to appease investor concern about its inherent...
Appointment : Sir Howard Davies and Paul Manduca to join Prudential
Britain's largest insurance group has earmarked ex-Financial Service Authority chairman Sir Howard for a non-executive role with Paul Manduca – another respected City figure...
Are You Braced for the 2010 Hurricane Season?
2009 WAS AN EXCEPTIONALLY CALM YEAR FOR US HURRICANES:
Losses from natural catastrophes and man-made disasters have continuously trended upwards in the past two decades...
Bailed out insurer American Insurance Group and China Strategic Holdings have agreed to extend the deadline for completing AIG’s planned $2.2 billion sale of its Taiwan unit
While the extension could help AIG and its buyers address concerns from Taiwanese regulators, the longer the transaction is stretched out the less likely...
AXA UK : The deal with Resolution would result in a one-off writedown of 1.4 billion euros ($1.7 billion) in 2010,
Resolution, set up in 2008 to buy and profitably merge slow-growing British life insurers, said on Monday it hoped to complete the 2.75 billion...
AXA insurance reports fourfold profit leap
French insurance group AXA reported on Thursday a fourfold profit leap least year to 3.6 billion euros, beating analysts' forecasts, and saying it would...
RSA Insurance’s revenue rises 4 percent with net written premiums of £5 billion
RSA Insurance Group Plc, the U.K.’s biggest non-life insurer, said nine-month revenue rose 4 percent on higher sales in Canada and Scandinavia.
Net written premiums...
Summary of Munich RE’s figures for the first nine months
The Group recorded a good operating result of €3,318m (2,654m) for the period from January to September, €1,211m of this in the third quarter....
Zurich Financial’s net profits down 24 percent over nine months
Swiss insurer Zurich Financial Services said Thursday its net profit fell 24 percent, slightly lower than expected, over the past nine months to 2.2...
Munich RE reports €1.8 billion profit for the first nine months of 2009
The world's biggest re-insurance group, Munich Re, said Thursday it aimed for a full-year net profit of between 2.2-2.5 billion euros (3.3-3.7 billion dollars)...
Aviva starts trading on the New York Stock Exchange
Aviva, the world's fifth largest insurance group*, starts trading today on the New York Stock Exchange ("NYSE") under the ticker symbol “AV”. Andrew Moss,...
