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Hiscox : publishes its interim management statement
Hiscox has issued its Interim Management Statement for the first nine months of the year to 30 September 2012.
Hiscox's gross written premiums increased year...
Transactor Global Solutions continues growth
Insurance software house, Transactor Global Solutions Limited (TGSL) and associated companies announce turnover of £6.7 million, an increase of 29 per cent for the...
HSBC : over half of family lenders expect loans repaid and three quarters expect interests
More than half of family members that give money to first time buyers (FTBs) expect to get it back - and three quarters want...
Barclays : takes extra £700-mn hit from insurance mis-sell
Barclays said it was setting aside a further £700 million ($1.13 billion, 862 million euros) to compensate clients mis-sold insurance by the embattled British...
ING’s Malaysian unit to be sold to AIA for $1.73 billion
Asian insurance giant AIA said Thursday it will buy ING's Malaysian insurance unit for $1.73 billion, the Dutch banking firm's first step in selling...
Scotland : private sector economy contracts slightly in September
September's Bank of Scotland PMI report showed private sector output north of the border decrease for the first time since December 2010, reflecting a...
Ecclesiastical : 2012 interim results
Financial highlights:
- General business gross written premium of £240.7m (£235.2m in H1 2011)
UK GWP at £177.0m (£170.3m in H1 2011)
- Turnover of £259.3m...
Swiss Life : first-half drop in net profit to 301 million euros
Insurance giant Swiss Life posted Friday a first-half drop in net profit to 361 million francs (301 million euros, $371 million) that nonetheless beat...
Prudential : strong performance for first six months of 2012
British insurance company Prudential announced first-half net profits jumped by almost 15 per cent, boosted as Asian growth offset an uncertain economic climate.
Earnings after...
Hannover Re : confident for 2012 after ‘pleasing’ first half
German reinsurance giant Hannover Re said it was anticipating "good results" for 2012 after a "very pleasing" first six months.
"In view of the...
Aviva : falls into first-half net loss
British insurer Aviva said Thursday that it fell into a net loss in the first half, hit by restructuring costs, adverse foreign exchange movements...
Aegon : 37 % slump in its second quarter
Dutch insurer Aegon on Thursday reported a 37 per cent slump in its second quarter net profit and said it was selling is share...
Munich Re : raises profit forecast for 2012 after a strong second quarter
Munich Re, the world's largest reinsurer, said Tuesday it was raising its profit forecast for 2012 after a better-than-expected second quarter.
"We are well...
Allianz : confirms 2012 outlook after solid second quarter
German insurance giant Allianz posted a solid second-quarter net profit, boosted partly by its life and health divisions, and confirmed its full-year outlook.
Net profit...
Liberty Mutual Insurance Europe is reporting substantial profitable growth
Just over 12 months after it was launched, Liberty Mutual Insurance (LMI), the commercial lines division of Liberty Mutual Insurance Europe Limited (LMIE), and...
AIC : outlook for private equity investment company sector
The Private Equity investment company sector was hit hard by the credit crunch, with the average discount widening out to 51% at the end...
SAGA : Economists seem to be living in an academic parallel universe that is ignoring reality
Dr Ros Altmann, Saga Director General said: "The IMF has rightly called on the UK to introduce a programme to boost growth and jobs....
Investments remain strong in Angola and Mozambique
The appetite for investments in Angola and Mozambique has not decreased despite the economic downturn, according to data provided by mergermarket, the leading independent...
Allianz : profits soar 60%
German insurance giant Allianz on Tuesday said its net profits soared by 60 per cent in the first quarter of 2012 and confirmed its...
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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