Skip to content

Tag Archives: profit

Suncorp profit doubles, revenue jumps

Source: The Australian BANKING and insurance group Suncorp-Metway today said annual net profit more than doubled as revenue grew by $1.5 billion. Brisbane-based Suncorp said net profit for the year ended June 30 rose to

VIG profit jumps amid tax woes 1

Vienna Insurance Group (VIG) reported increased profit today (Thurs). The company announced net profit had risen by 9.2 per cent from the first six months of 2009 to 194.4 million

VIG profit jumps amid tax woes Bwin reports losses as…

Vienna Insurance Group (VIG) reported increased profit today (Thurs). The company announced net profit had risen by 9.2 per cent from the first six months of 2009 to 194.4 million

QBE Insurance Profit Plummets in First-Half

QBE Insurance, Australia’s top insurer by premium, said its acquisition pipeline remains strong and aims to get back to an insurance profit margin of 16-18 percent for the year after posting

Insurer Resolution eyes new deals

LONDON (Reuters) – Insurance buyout vehicle Resolution said on Tuesday it would hunt out further acquisitions in a consolidating sector, as it posted an interim profit compared to a loss a year earlier

Questor share tip: RSA Insurance is buy for income

RSA Insurance 133.9p -2.7 Questor says BUY The company provides property, vehicle, liability and specialist insurance products worldwide. Pre-tax profit came in at 302m in the six months to June

Write-down pushes AIG into loss

foreign subsidiaries. AIG took a $3.3bn charge linked to the sale of Alico, its second-largest foreign life insurance business. The loss compared with a net profit of $1.8bn in the same period last year. On an adjusted basis, AIG made a $1.3bn profit.

Aviva shares rise as profits treble during the first…

receive a commission on the sales. The news coincided with a sharp rise in Aviva shares after the insurance group reported more-than-trebled first-half profits. Britain’s second-largest insurance group by market capitalisation posted a pre-tax profit of

UPDATE 1-Pohjola’s Q2 profit dips, year forecast…

same level as in 2009, when its pretax profit was 265 million euros. It added it estimated non-life insurance’s full-year combined ratio to be between 89 and 93 percent. ($1=.7650 euros) (Reporting by Helsinki newsroom; Editing by Greg Mahlich

Insurance Earnings: CNA, SUR

Aon Corporation, the largest insurance broker in the world, reported a second quarter profit of $153