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Metlife Inc Reaffirms FY 2013 EPS Guidance-Conference Call

Wednesday, 5 Jun 2013 12:10pm EDT

Metlife Inc reaffirmed fiscal 2013 guidance and expects earnings guidance to be toward the high end of range that the Company gave for the full year of $5.35. So it would not recommend annualizing at the $1.48 at this point.

Unum Group Comments On Long Term Earnings Guidance-Conference Call

Tuesday, 4 Jun 2013 05:30pm EDT

Unum Group announced that it expect operating earnings to be relatively flat year over year. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EBIT of $1.32 billion for fiscal 2013; EBIT of $1.36 billion for fiscal 2014 and EBIT of $1.36 billion for fiscal 2015.

Fitch Confirms Scor SE's A+ Rating; Outlook Stable-Reuters

Tuesday, 4 Jun 2013 10:51am EDT

Reuters reported that Fitch Ratings confirmed Scor SE's A+ long-term credit rating with a stable outlook. Fitch made the announcement after Scor SE acquired Generali's life insurance business in the United States.

Life Partners Holdings Inc Announces Quarterly Dividend

Tuesday, 4 Jun 2013 09:45am EDT

Life Partners Holdings Inc announced that it will pay a quarterly dividend of $0.05 per share to be paid on or about June 15, 2013 for shareholders of record as of June 14, 2013.

Challenger Limited Ceases To Be Shareholder Of Austbrokers Holdings Ltd

Tuesday, 4 Jun 2013 03:49am EDT

Austbrokers Holdings Ltd announced that Challenger Limited has ceased to be the substantial shareholder of the Company.

Aegon NV And Banco Santander SA Complete Partnership In Spain-DJ

Tuesday, 4 Jun 2013 02:07am EDT

Dow Jones reported that Aegon NV said it has completed an exclusive 25-year strategic partnership with Banco Santander SA. Under the terms of the agreement, Aegon NV has acquired a 51% stake in both a life insurance company as well as in a non-life insurance company for a consideration of EUR 220 million. The joint ventures will distribute life and general insurance products through Banco Santander SA's branch network. Aegon Spain will provide the back-office services to the joint venture companies. The long-term partnership enables Aegon NV to consolidate its market position in Spain. The Santander franchise of 4,000 bank branches provides Aegon NV with access to 12 million customers throughout the country, and includes the integrated networks of Banesto, Banif and Openbank.

Aegon NV and Banco Santander SA Complete 25-Year Partnership In Spain

Tuesday, 4 Jun 2013 02:05am EDT

Aegon NV announced that it has completed an 25-year strategic partnership with Banco Santander, Spain's financial group, first announced last December. Under the terms of the agreement, Aegon has acquired a 51% stake in both a life insurance company as well as in a non-life insurance company for a consideration of EUR 220 million. The joint ventures will distribute life and general insurance products through Banco Santander's branch network. Aegon Spain will provide the back-office services to the joint venture companies. The Santander franchise of 4,000 bank branches provides Aegon with access to twelve million customers throughout the country, and includes the integrated networks of Banesto, Banif and Openbank.

TrustCo Group Holdings Ltd Issues FY 2013 Earnings Guidance

Tuesday, 4 Jun 2013 01:10am EDT

TrustCo Group Holdings Ltd announced that for fiscal 2013, it expects headline earnings per share to be at a minimum of 50% lower than the comparable period's ZAR0.2027 and that basic earnings per share to be at a minimum of 60% lower than the prior period's ZAR0.3508. The expected decrease in earnings per share is mainly attributable to the following key factors in the fiscal 2013 period is due to reduced revenue and profitability in the Micro Insurance Segment in South Africa. The decrease in revenues is as a result of certain claims administration contracts that ended during the period and were not renewed; coupled with a significant investment and new business spend on launching the group’s micro-insurance products in South Africa.

Dai-ichi Life Insurance Co Ltd to Invest in PT Panin Life

Monday, 3 Jun 2013 10:00pm EDT

Dai-ichi Life Insurance Co Ltd announced that it will acquire 533,669,000 shares of an Indonesia-based company PT Panin Life, which is a life insurance company, as well as 75,344,500 shares of PT Panin Internasional, which holds a 100% stake in PT Panin Life. As a result, the Company will hold a 5% stake in PT Panin Life and a 36.842% stake in PT Panin Internasional. The acquisition price is approximately JPY 34,300 million in total.

Assicurazioni Generali SpA To Sell U.S. Life Reinsurance Business To SCOR SE-DJ

Monday, 3 Jun 2013 09:51pm EDT

Dow Jones reported that Assicurazioni Generali SpA said that it has agreed to sell its U.S. life reinsurance business for $920 million to SCOR SE's Global Life. The closing date of the sale is scheduled for September 30. After the sale, Generali will continue to operate in the U.S. in the property and casualty insurance sector through its New York branch, the Company said.

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Analyst Research

Report Title Price
New Jubilee Life Insurance Company Limited (NJLIC) - Financial and Strategic Analysis Review
Provider: GlobalData
$125.00
Buy
ST. JAMES’S PLACE - UNDERVALUED GROWTH
Provider: Edison Investment Research
$10.00
Buy
PTA: Closes $28.75 Million Bought Deal Equity Financing
Provider: Raymond James Ltd. (Canada)
$25.00
Buy
Chesnara plc (CSN) - Financial Analysis Review
Provider: GlobalData
$125.00
Buy
AXA Asia Pacific Holdings Limited (AXA) - Financial Analysis Review
Provider: GlobalData
$125.00
Buy

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