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Clientèle Ltd says FY diluted HEPS up 13pct

Monday, 21 Aug 2017 11:00am EDT

Aug 21 (Reuters) - Clientèle Limited ::FY DILUTED HEADLINE EARNINGS PER SHARE INCREASED BY 13% TO 139.06 CENTS.FY DIVIDENDS DECLARED PER SHARE INCREASED BY 15% TO 115.00 CENTS.FY NET INSURANCE PREMIUMS INCREASED BY 8% TO R1.9 BILLION.FY NET INSURANCE PREMIUMS INCREASED BY 8% TO R1.9 BILLION (2016: R1.7 BILLION).FY NEW BUSINESS PROFIT MARGINS HAVE CONSEQUENTLY DECLINED TO 21.4%.FY NEW BUSINESS PROFIT MARGINS HAVE CONSEQUENTLY DECLINED TO 21.4%.

China Pacific Insurance Group's president Huo Lianhong retires

Monday, 21 Aug 2017 07:00am EDT

Aug 21 (Reuters) - China Pacific Insurance Group Co Ltd <601601.SS>2601.HK:Says President Huo Lianhong resigns as he has reached retirement age.

HDFC Standard Life files for IPO

Friday, 18 Aug 2017 10:10am EDT

Aug 18 (Reuters) - HDFC Standard Life Insurance Co Ltd :HDFC Life files for IPO.HDFC Life initial public offering of up to 299.8 million equity shares.HDFC Life IPO book running lead managers include Morgan Stanley, HDFC Bank, Credit Suisse, Nomura, etc..

Max Financial Services says Moneyline Portfolio Investments reduces stake in co to 6.76 pct

Friday, 18 Aug 2017 02:20am EDT

Aug 18 (Reuters) - Max Financial Services Ltd ::Says Moneyline Portfolio Investments reduces stake in co by 3.18 percent to 6.76 percent.

Ping An Insurance Group Co Of China says due to accounting estimate changes HY profit before tax fell by RMB15.42 bln

Thursday, 17 Aug 2017 07:00am EDT

Aug 17 (Reuters) - Ping An Insurance Group Co Of China <2318.HK>:Due to accounting estimate changes on insurance contract liabilities in hy17 report, hy profit before tax fell by rmb15.42 billion.

Oversea-Chinese Banking Corporation buys 685,400 shares in Great Eastern Holdings

Thursday, 17 Aug 2017 05:34am EDT

Aug 17 (Reuters) - Oversea-Chinese Banking Corporation ::Purchased 685,400 shares at S$24.90 per share in Great Eastern Holdings Limited for S$17.07 million in cash.

Royal London Mutual Insurance profit up 34 percent in H1

Thursday, 17 Aug 2017 02:00am EDT

Aug 17 (Reuters) - Royal London Mutual Insurance Society Ltd [RIC:RIC:ROLGPI.UL]:European embedded value (EEV) operating profit before tax increased by 34 percent to £185m in H1 (30 june 2016: £138m).EEV profit before tax increased to £327m (30 june 2016: loss before tax £145m).H1 funds under management up by 6% to £106bn (31 December 2016: £100bn).Overall new business margins remained broadly in line with prior period at 1.8% (30 June 2016: 1.7%).Individual pensions and drawdown new business sales were up by 64% to £2,916m in H1.Group pensions new business sales were up by 32% to £2,527m in H1 (30 June 2016: £1,921m).New business sales increased by 34% to £384m (30 June 2016: £287m).Consumer new business sales were up by 43% to £229m in H1 (30 June 2016: £160m).Royal London Asset Management attracted gross inflows of £5.1bn (30 June 2016: £2.3bn) in H1.CEO: "During 2017 we have consolidated our position as one of the new business leaders in the retail protection, pension and drawdown markets, and as one of the main providers of new workplace pension schemes entering auto-enrolment.".

NN Group Q2 operating result ongoing business at EUR 404 million euros

Thursday, 17 Aug 2017 01:00am EDT

Aug 17 (Reuters) - NN GROUP NV : :Q2 SOLVENCY II RATIO OF 196 PERCENT VERSUS 238 PERCENT IN Q1 .H1 SOLVENCY II RATIO OF 196 PERCENT VERSUS 252 PERCENT YEAR AGO.Q2 NET RESULT EUR 240 MILLION VERSUS EUR 335 MILLION YEAR AGO.Q2 OPERATING RESULT ONGOING BUSINESS EUR 404 MILLION VERSUS EUR 346 MILLION IN REUTERS POLL.Q2 NET OPERATING ROE AT 10.7 PERCENT VERSUS 8.6 PERCENT YEAR AGO.Q2 NEW SALES LIFE INSURANCE (APE) EUR 400 MILLION VERSUS EUR 284 MILLION YEAR AGO.WILL PAY A 2017 INTERIM DIVIDEND OF EUR 0.62 PER ORDINARY SHARE.Q2 GROSS PREMIUM INCOME EUR 2.95 BILLION VERSUS EUR 2.02 BILLION YEAR AGO.

Prudential announces sale of US broker-dealer network for $325 mln

Wednesday, 16 Aug 2017 02:00am EDT

Aug 16 (Reuters) - Prudential Plc :Announces sale of US broker-dealer network for $325 mln to LPL Financial LLC, the largest independent broker-dealer in the US.Transaction is structured as an asset sale, which includes substantially all business of network, for an initial purchase price of us$325 million.Purchase price may increase to a maximum of approximately us$448 million subject to certain transition criteria.Transaction has closed after receiving all necessary regulatory approvals, transition expected to be completed by end of Q1 2018.

Swiss Life CEO: good progress will positively impact future dividend payout ratio

Wednesday, 16 Aug 2017 12:05am EDT

Aug 16 (Reuters) - Swiss Life Holding Ag CEO says:good progress on targets will positively impact future dividend payout ratio.cash remittances likely to reach four-fifths of targeted more than 1.5 billion sfr by end of year.looking for deals throughout Europe for own real estate portfolio and managed third-party portfolio.also looking in Spain, but cannot comment on specific deals.

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