Allianz Group, a Germany-based insurance provider, has reported a 6.3% rise in net profit to more than €1.4bn in the third quarter of 2013 compared with a year ago period. The profit increase was driven by the insurer's property and ...
Tags: Allianz, post, rise, net profit
As more independent exterminators enter the Pest Control industry, USA Business Insurance announces that general liability insurance specific to the service area is available to both sole proprietors and corporations. While the nation ...
Switzerland’s multi-line insurance provider Zurich Insurance Group has reported a business operating profit (BOP) of $1.4bn and net income attributable to shareholders (NIAS) of $1.1bn for the three months ended on 31 March 2013. ...
Tags: Zurich Insurance, Insurance
General Electric (GE) is reportedly considering sale of its Australia-based insurance business, GE Capital Insurance, in an effort to adjust its Australian portfolio, a source familiar with the deal has revealed. The source was quoted by ...
Lincoln Financial Group has posted net income of $239m, or $0.86 per diluted share for the first quarter of 2013, compared to of $243m, or $0.82 per diluted share during the same period prior year. For the quarter period ended on 31 March ...
Tags: Lincoln, Net Income
Genworth Financial has reported net income of $166m, or $0.34 per diluted share for the fourth quarter of 2012, compared to $142m, or $0.29 during the same period previous year. Net operating income stood at was $167m, or $0.34 per ...
Bermuda-based AXIS Capital has reported net income available to common shareholders of $495m, or $4 per diluted common share for the year 2012, against $9m or $0.07 per share during the same period earlier year. The increase in net income ...
Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India. Sources familiar with the matter told Moneycontrol.com: "Swiss Re will pick up 26% ...
Tags: L&T, health insurance, Swiss Re
Kemper Corporation has reported that its net income for the first quarter of current fiscal declined by 17.6% to $43.6m, or $0.73 per share, compared to a net income of $51.5m, or $0.85 per share during the same quarter a year ago. ...
ACE Group, a provider of insurance and reinsurance services has made new appointments to its Continental Europe team in a bid to boost investment in its information technology insurance segment. ACE Continental and Central and Eastern ...
Tags: ACE Group, insurance and reinsurance services, insurance services
Vienna Insurance Group has completed the merger of non-life insurers InterRisk and PZM to expand its market presence in Poland. InterRisk and PZM achieved premiums of over EUR80m in the first quarter of 2012 and the two companies will ...
Tags: Vienna Insurance, merger, InterRisk, insurance market
RLI Corp, a specialty insurance company, has introduced a new security guard and alarm systems liability insurance product for security insurance companies. The company has also appointed Mitchell Bombet as Underwriting Director to ...
Tags: RLI Corp, specialty insurance, security guard, alarm system, insurance
Aspen Insurance Holdings has reshaped the management of its insurance segment in order to hold a firm grip in the underwriting industry. The company has appointed its current co-CEO Rupert Villers as chairman of Aspen Insurance and ...
Tags: Aspen Restructures, Aspen Insurance Holdings, insurance segment
New Jersey-based Prudential Financial has reported first-quarter net loss for its financial services business at $988m or $2.09 per share, compared to net income of $539m or $1.10 per share during the same period in 2011. Financial ...
Tags: Prudential Financial, financial service, net income, quarter 1, finance
Prudential Financial, a diversified US financial conglomerate net income has boosted by 182% to $2.2bn for the second quarter of 2012, against a net income of $779m during the year ago quarter. For the latest quarter period, its net ...
Tags: Prudential Financial, net income, quarter 2, financial conglomerate