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Metlife Inc announces management changes

Thursday, 15 Jun 2017 08:00am EDT

June 15 (Reuters) - Metlife Inc ::Metlife inc - announced a series of changes to its senior leadership ranks​.Metlife - Michel Khalaf to become President of U.S. Business while retaining role as president of EMEA; Marty Lippert to assume responsibility for Metlife Holdings.Metlife inc - Chief Risk Officer, Stan Talbi, will retire at end of august.Metlife inc - Ramy Tadros will join metlife in September as company's new chief risk officer.

Sanlam Group says key trends emerging during 2016 persisted into 2017

Wednesday, 7 Jun 2017 07:55am EDT

June 7 (Reuters) - Sanlam Ltd :Group maintained a resilient operational performance for first four months of 2017 financial year.Key trends emerging during 2016 financial year persisted into 2017.Sanlam - strong growth in more profitable recurring premium risk business in south africa supported sterling growth in value of new life business at a higher overall margin.First four months of 2017 was a very eventful period for south africa.For four months to 30 april 2017, new business volumes of r71 billion, down 4% on first four months of 2016 financial year.For four months to april 30, normalised headline earnings per share increased by 9% compared to first four months of 2016 financial year.All of group operations remain well capitalised.

W&W AG says it is assessing options for Wustenrot Bank AG Pfandbriefbank

Wednesday, 31 May 2017 03:40pm EDT

May 31 (Reuters) - Wuestenrot & Wuerttembergische Ag ::W&W AG is assessing options for Wüstenrot Bank Ag Pfandbriefbank.Options range from further focusing business activities through cooperations to sale of bank.

Liberty Holdings Q1 group indexed new business up 6 pct

Thursday, 18 May 2017 11:00am EDT

May 18 (Reuters) - Liberty Holdings Ltd ::Upward trend in group sales observed in H2 2016 continued in Q1 of 2017, with group indexed new business up 6% compared to Q1 of 2016.New business margins for quarter remained under pressure.Says lower economic growth and rand volatility during quarter continued to impact operating performance.Q1 ended 31st March assets under management amounted to 682 bln rand (31 December 2016: 676 bln rand).Says group remains well capitalised post downgrade of south africa's sovereign credit rating in april 2017.

NN Group Q1 operating result ongoing business rises to 406 million euros

Thursday, 18 May 2017 01:00am EDT

May 18 (Reuters) - NN GROUP NV ::Q1 OPERATING RESULT ONGOING BUSINESS EUR 406 MILLION VERSUS EUR 316 MILLION IN REUTERS POLL.Q1 SOLVENCY II RATIO OF 238 PERCENT VERSUS 239 PERCENT IN REUTERS POLL.Q1 NET RESULT EUR 435 MILLION VERSUS EUR 270 MILLION YEAR AGO.Q1 GROSS PREMIUM INCOME (ONGOING BUSINESS) EUR 3.40 BILLION VERSUS EUR 3.28 BILLION YEAR AGO.Q1 NEW SALES LIFE INSURANCE (APE) EUR 620 MILLION VERSUS EUR 478 MILLION YEAR AGO.COST SAVINGS IN THE NETHERLANDS OF EUR 14 MILLION IN THE FIRST QUARTER OF 2017 BRINGING THE EXPENSE BASE DOWN TO EUR 748 MILLION.PRO-FORMA SOLVENCY II RATIO OF NN GROUP INCLUDING DELTA LLOYD IS ESTIMATED AT APPROXIMATELY 180% AT END OF Q1.

Delta Lloyd Q1 solvency standard formula ratio stable at 144 pct within target range

Thursday, 18 May 2017 01:00am EDT

May 18 (Reuters) - DELTA LLOYD NV ::Q1 SOLVENCY STANDARD FORMULA RATIO STABLE AT 144% WITHIN TARGET RANGE (YEAR-END 2016: 143%).Q1 GROSS WRITTEN PREMIUMS (GWP) IN GENERAL INSURANCE DECREASED TO EUR 447 MILLION (3M 2016: EUR 465 MILLION).Q1 COMBINED RATIO OF 97.9 PERCENT VERSUS 97.0 PERCENT YEAR AGO.AT END Q1 TOTAL ASSETS UNDER MANAGEMENT WERE DOWN MODESTLY AT EUR 69 BILLION (YEAR-END 2016: EUR 71 BILLION),.Q1 VOLUME OF LIFE NEW BUSINESS (SII NAPI) DECREASED TO € 119 MILLION (3M 2016: € 132 MILLION),.FROM THE SECOND QUARTER 2017, OUR RESULTS WILL BE REPORTED AS PART OF NN GROUP.

Industrial Alliance Q1 earnings per share c$1.03

Thursday, 11 May 2017 08:41am EDT

May 11 (Reuters) - Industrial Alliance Insurance And Financial Services Inc :Industrial alliance reports first quarter results - strong business growth topped by rebound in mutual fund sales.Q1 core earnings per share c$1.07.Q1 earnings per share c$1.03.Q1 earnings per share view c$1.10 -- Thomson Reuters I/B/E/S.Sees q1 earnings per share c$1.00 to c$1.10.Industrial alliance insurance and financial services inc - qtrly premiums and deposits of $2.8 billion, up 42 percent.Industrial alliance insurance and financial services inc - sees fy earnings per common share of $4.65 to $5.05.Industrial alliance insurance and financial services inc - sees fy dividend payout ratio range of 25% to 35% with target being mid-point.

Prudential Financial says may shed "too big to fail" label- conf call

Thursday, 4 May 2017 12:10pm EDT

May 4 (Reuters) - Prudential Financial Inc :Believes that it "ultimately may not end up" as a systematically important financial institution (sifi) - conf call.Prudential financial says "tone of things is moving in the right direction in terms of ... Non-Bank sifis in general" - conf call.Prudential financial says capacity for pension risk transfer business is "holding steady if not increasing" - conf call.Prudential financial's pension risk transfer business "will remain episodic," but there is "robust pipeline" - conf call.

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