Vice president of China Life Insurance (Group) Company revealed that first insurer-controlled fund company China Life AMP Asset Management will start operation from November 6. China Life AMP Asset Management is sponsored and established ...
Zurich-based life and pension insurer Swiss Life has selected Aetna (AET), a global health care services company, to deliver international health care benefits and services for expatriates out of Singapore to its roster of multinational ...
Tags: Swiss Life, Service
US-based life insurer MetLife has reported third quarter 2013 profit of $942m, or $0.84 per share, compared to a loss of $984m or $0.92 per share during the corresponding period last fiscal. For the quarter ended on 30 September 2013, ...
Kraft Foods Group, Inc. today reported third quarter results that reflected significant cost savings that outpaced brand-building reinvestments, as well as a negative impact from comparisons with unusually high product shipments in the ...
Tags: Kraft Foods, negative impact
Goodyear Tire & Rubber Co. posted net income of $195 million on net sales of $5.0 billion for the third quarter ended Sept. 30, 2013. That compares to income of $133 million on sales of $5.3 billion for the same period last year. Segment ...
Tags: tire, tyre, auto parts, Goodyear
Industrial Alliance is pleased to announce the launch of SecurOption - Lifetime Retirement Income, a new guaranteed lifetime retirement income option that is added to its group retirement savings plans. SecurOption is a simple, innovative ...
Tags: Securoption, Industrial Alliance
G&K Services, Inc. reported operating results for the first quarter of its fiscal year 2014, which ended on September 28, 2013. Revenue in the quarter grew by 3.1 percent to $229.3 million, up from $222.4 million in last year’s first ...
Tags: Apparel Retailer, G&K Services
The Hershey Company today announced sales and earnings for the third quarter ended September 29, 2013. Consolidated net sales were $1,853,886,000 compared with $1,746,709,000 for the third quarter of 2012. Reported net income for the ...
Tags: Hershey Company, 2014 Outlook
International financial services organization Goldman Sachs Group has divested a majority stake in its UK pension insurance business Rothesay Life to a group of companies. Based on the release by the company, Singapore wealth fund GIC and ...
Tags: Goldman Sachs, Rothesay Life
Global reinsurance firms Munich Re, Swiss Re and Hannover Re have started contract talks for 2014 with insurance firms, amid growing competition from pension funds, due to increased capital investment. The steady growth of investment by ...
Tags: Insurance Firms, Swiss Re
Swiss insurance and pension firm the Baloise Group has embarked on an agreement to divest its businesses in Croatia and Serbia to the Austrian UNIQA Group, in a EUR75m worth transaction. In Croatia, 'Basler osiguranje Zagreb' offers an ...
Tags: insurance, UNIQA Group
Honeywell announced its results for the third quarter of 2013: Performance Materials and Technologies -Sales were up 10% reported, but down (1%) organic, compared with the third quarter of 2012, driven by the favorable impact of the ...
Tags: Honeywell, Performance Materials
PPG Industries (NYSE:PPG) reported on Oct. 17 third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, ...
Tags: PPG Industries, Construction Glass
US-based life insurer MetLife has received regulatory approval from Myanmar's Directorate of Investment and Company Administration to set up a representative office in the country. The company will now concentrate on completing the ...
PPG Industries reported third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, and adjusted net income ...
Tags: PPG Industries, Textile