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Life & Health Insurance

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Medibank Private announces departure of Paul Koppelman, CFO

Tuesday, 13 Sep 2016 06:25pm EDT

Medibank Private Ltd : Changes to executive leadership team . CFO, Paul Koppelman will be leaving the company" . Tom Exton, group financial controller, will act in the role of CFO" .

Manulife Asset Management says AUM reached $334.2 bln as of June 30

Tuesday, 13 Sep 2016 09:00am EDT

Manulife Asset Management: Manulife Asset Management posts CAD$6.1 billion gross, CAD$2.4 billion net institutional sales globally in first half of 2016 .Assets managed by Manulife Asset Management reached CAD$434.7(US$334.2) billion as of June 30, 2016.

New China Life Insurance's Jan-Aug premium income at 83.5 bln yuan

Monday, 12 Sep 2016 04:24am EDT

New China Life Insurance Co Ltd <601336.SS><1336.HK> :Says Jan-Aug premium income at 83.46 billion yuan ($12.49 billion).

Cathay Financial Holding unit to issue 1st series non-maturity non-cumulative subordinated bonds of T$35 bln

Friday, 9 Sep 2016 07:32am EDT

Cathay Financial Holding <2882.TW>: Says its subsidiary Cathay Life Insurance will issue the 1st series non-maturity non-cumulative subordinated bonds of up to T$35 billion .Says the proceeds will be used to enrich operating funds.

April H1 net income falls 4.3 percent to 26.1 million euros

Thursday, 8 Sep 2016 11:41am EDT

April SA : H1 net income EUR 26.1 million ($29.39 million), down 4.3% . H1 current EBIT EUR 37.1 million, down 15.2% . H1 consolidated sales EUR 430.2 million, up 7.1% in reported data and like for like .Says 2016 anticipated decline in its current EBIT between 8% and 12% will probably be towards lower end of results range.

Sun Life CEO says continuing to look for acquisitions

Thursday, 8 Sep 2016 10:07am EDT

: Sun life ceo says continuing to look for acquisitions, has bandwith to do more . Sun life ceo says not planning for interest rates to make a big jump up in the next 5 years . Sun Life Ceo Says Bar Continues To Be High On Acquisitions, Hurdle Rates Fit 12-14 percent roe target Further company coverage: [SLF.TO ] (Reporting by Matt Scuffham) ((matthew.scuffham@thomsonreuters.com;)).

Sanlam six-month normalised HEPS down 7 pct

Thursday, 8 Sep 2016 02:03am EDT

Sanlam Ltd : Interim results for the six months ended June 30, 2016 . Six month normalised headline earnings per share down 7 pct . Net result from financial services per share increased by 11 pct for six months ended June 30 . Six month net value of new covered business up 7 pct to R702 million . Six month net fund inflows of R22 billion compared to R7 billion in 2015 . Six month net new covered business margin of 2,44 pct (2,66 pct in 2015) . Six month new business volumes up 15 pct to R115 billion . Return on group equity value per share for six months of 7,9 pct .Six month normalised headline earnings per share(1) at 208,0 cents versus 224,2 cents previously.

SocGen's stake in Generali is from transactions done on behalf of clients

Wednesday, 7 Sep 2016 10:50am EDT

Societe Generale says: its 4.171 percent stake in Italian insurer Generali and its 0.9 percent of voting rights results from transactions conducted on behalf of clients in the context of its market activities Further company coverage: [GASI.MI] (Reporting by Milan newsroom).

MMI Holdings says FY diluted core headline earnings down 16 pct to r3.2 bln

Wednesday, 7 Sep 2016 01:07am EDT

MMI Holdings Limited : Jse: MMI - Summarised Group Results For The Year Ended 30 June 2016 . Diluted core headline earnings decreased by 16 pct to r3.2 billion . Return on embedded value 13 pct value of new business r850 million +13 pct on consistent basis . New business PVP increased by 35 pct to r68 billion .Total dividend increased to 157 cents per share.

Societe Generale had 4.171 pct of Generali on Aug 29, voting rights 0.9 pct

Tuesday, 6 Sep 2016 01:07pm EDT

Filings of Italian market regulator Consob show: Societe Generale had 4.171 percent of Italy's Generali on August 29 . Of this Societe Generale had 0.9 percent in voting rights, a potential stake of 1.557 percent and long positions equal to 1.71 percent Further company coverage: [GASI.MI] (Reporting by Milan newsroom).

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