All Finance articles – Page 33
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Online onlyAXA targets 96% COR by 2015
French insurance group AXA aims to report a non-life combined ratio of 96% in 2015, according to its five-year strategic plan, released today. The insurer is aiming for a current-year combined ratio (excluding the effects of reserve releases or strengthening from prior years) of 100% in 2011 and below 97% ...
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AnalysisGiles: which way now?
Following the consolidator’s sharp deterioration in profitability, we invite an analyst to look at the factors that will determine Giles’s success
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Online onlyAgeas UK returns to profit in Q1
Insurer Ageas UK made a profit before tax of £3.8m in the first quarter of 2011, compared with a loss of £3.2m in the same period last year.The insurer made a loss of £25m loss for the full 2010 year.The Q1 2011 result includes acquisition costs for Castle Cover, bought ...
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NewsAnalysts defend record as Giles downturn continues
Debt payments put holding company loss at £37m as shareholder deficit doubles
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Online onlyInvestment returns cut Allianz profit by 6%
Allianz Insurance made an operating profit of £34.4m in Q1 2011, down 6% on the £36.7m it made in the same period last year.“The slight reduction in profit was largely driven by lower investment returns in the continued low interest rate environment,” said Allianz Insurance chief executive Andrew Torrance in ...
