Shares of insurance giant American International Group (AIG.N) soared more than 50 percent last week and they now look overpriced, Barron's said in its...
Lloyd’s-listed insurer Omega Insurance Holdings reported a light fall in first half pre-tax profits for 2009, but remained optimistic.
Financial Highlights
Profit before tax of $22.9...
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...
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...
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 today reported its first quarterly profit since the third quarter of 2007, as certain of its businesses stabilized and the company’s results reflected...
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...