Insurance - Property / Casualty

Euler Hermes to propose share repurchase program

Euler Hermes SA:To propose terms of share repurchase program to annual general meeting.Program would authorize repurchase of up to 10 pct of capital.Maximum price per share 125 euros.Total maximum that could be spent 566,777,212 euros.Authorization valid for 18 months.

Thursday, 17 Apr 2014 08:00pm EDT

Standard & Poor's Ratings Services affirms "BBB" ratings to Warba Insurance Co KSC

Warba Insurance Co KSC:Announces that Standard & Poor's Ratings Services has affirms its "BBB" insurer financial strength and counterparty credit ratings with a stable outlook.

Thursday, 17 Apr 2014 01:56am EDT

Net Insurance SpA sells stake in Perimetro Gestioni Proprieta Immobiliari ScpA

Net Insurance SpA:Sells its stake, equal to 20 pct, in Perimetro Gestioni Proprieta Immobiliari ScpA, in favor of Banca Monte dei Paschi SpA.The corresponding value of the transaction amounts to 1,105,323.60 euros.The sales is in the context of Banca Monte dei Paschi's restructuring operation...

Wednesday, 16 Apr 2014 10:48am EDT

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