Standard Life Profit Up On UK Growth, Cost Cuts
British insurer Standard Life on Tuesday said its half-year profit rose by a forecast-beating 15 percent thanks to…
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Financial Institutions
Swiss Re Reports Net Income Of Usd 83 Million, Demonstrating Underlying Earnings Power
Swiss Re reports a net profit of USD 83 million for the second quarter of 2012. The result is impacted by the sale…
IMF Approves New Loans To Morocco, Jordan
The International Monetary Fund (IMF) on Friday approved loans to Morocco and Jordan after they were hit by…
Tunisian Economic Prospects Favorable But Stability Key: IMF
Tunisia's medium-term growth prospects are favorable, but maintaining economic stability is essential as the…
Insurer RSA’s Profit Down On Floods, Quakes
RSA, Britain's biggest commercial insurer, said its first-half profit fell by almost a quarter after heavy flooding…
Life Insurance Helps Italy’s Generali Beat Forecasts
Generali's net profit beat expectations on the back of a strong performance by its key life insurance division even…
Swiss Re obtains USD 275 million of extreme mortality protection
Swiss Re today announced the successful transfer of USD 275 million of extreme mortality risk to the capital…
Lloyds Posts Unexpected First-Half Loss On Insurance Redress
Lloyds Banking Group Plc (LLOY), the first of Britain’s four biggest banks to report first-half earnings, posted an…
Gulf Bond Issuance Activity To Remain Fairly Robust
Gulf region’s issuance activity is likely to remain fairly robust in the coming quarters, partly because of…
A.M. Best Affirms Ratings Of Polskie Towazystwo Reasekuracji S.A.
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of A- (Excellent) and issuer…