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Aviva 2015 Interim results announced
- 06/08/2015
- Posted by: Simon Wait
- Category: News
Insurance provider Aviva PLC, today announced its half year results for 2015. HY15 numbers include Friends Life from 10 April 2015, the acquisition completion date. HY14 is Aviva standalone. Profit Operating profit £1,170 million (HY14: £1,071 million) Underlying growth and Friends Life contribution [...] -
Axa profits up 2.3%
- 04/08/2015
- Posted by: Simon Wait
- Category: News
Axa’s first-half profit rose 2.3 per cent, helped by higher life-insurance earnings in the U.S. and France. In a statement released by France’s largest insurer, profits climbed to 3.08 billion euros ($3.37 billion) from 3.01 billion euros a year earlier. Operating profit rose 12% to 3.1 billion euros, beating [...] -
FTSE boosted by potential RSA takeover
- 28/07/2015
- Posted by: Simon Wait
- Category: News
Zurich Insurance has said it is considering a bid for RSA Insurance, the owner of the More Than brand. The Swiss firm said, ‘Zurich notes the recent market speculation in relation to RSA Insurance Group and confirms that the company is evaluating a potential offer.’ There is 'no assurance that any offer will [...] -
AA enter partnership with BOI
- 15/07/2015
- Posted by: Simon Wait
- Category: News
The Automobile Association and the Bank of Ireland and have announced a new 10-year minimum financial partnership in the UK, which will offer AA members financial services ranging from credit cards, unsecured loans, savings and mortgages. AA has nearly four million members to whom it has offered financial [...] -
Ferrari to float on stock exchange
- 08/07/2015
- Posted by: Simon Wait
- Category: News
Italian supercar creator Ferrari is expected to float on the stock market at the end of the year. It will have a value of ‘at least’ €10bn (£7.1bn) when it is floated, according to Sergio Marchionne, chief executive of Fiat Chrysler, the luxury marque’s owner. The chief executive and architect behind the [...]