|Bid||4.200 x 100000|
|Ask||0.000 x 159000|
|Day's range||5.264 - 5.303|
|52-week range||4.257 - 5.487|
|PE ratio (TTM)||6.93|
|Earnings date||15 Feb 2018|
|Forward dividend & yield||0.31 (5.54%)|
|1y target est||5.25|
Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier for the industry. The FSB, which coordinates financial rules across the Group of 20 (G20) economies, first created its list of globally systemic insurers in 2013 and updates it each November. The aim of the FSB list is to ensure that big insurers comply with extra requirements such as "higher loss absorbency" and closer scrutiny.
By Jon Penner LONDON, Nov 17 - The following is a snapshot of the week of November 13-17's benchmark issues, including placement statistics, book sizes and new issue premiums. SSA Issue: CDP €500m 0.75% ...
MILAN/LONDON, Nov 9 (Reuters) - European shares fell on Thursday as a series of underwhelming earning updates, including from industrial giant Siemens, prompted investors to take profits out of a market still trading near two-year highs. The pan-European STOXX 600 benchmark index fell 1.1 percent, suffering its biggest daily loss since end-June, while Germany's DAX fell 1.5 percent. The STOXX 600 is up 7.9 percent so far this year following a rally that has been fuelled by a combination of strong economic data, solid earnings and easing political fears.
The record gross deposits we generated this quarter were driven by our key growth areas, such as asset management and our digital platforms. Under the agreement, Aegon will become a 25% shareholder of Dynamic Credit.
THE HAGUE, Netherlands, Nov. 1, 2017 /PRNewswire/ -- Aegon has successfully completed the sale of Unirobe Meeùs Groep (UMG) to Aon Groep Nederland for EUR 295 million. The transaction is consistent with Aegon's strategic objective to optimize its portfolio across its businesses and is expected to result in an increase of the Solvency II ratio of Aegon the Netherlands by an estimated 6%-points. Aegon's roots go back more than 170 years – to the first half of the nineteenth century.
** Barclays believes European reinsurers are well positioned to increase earnings well above pre-hurricane levels after a costly Q3, upgrading 2018 earnings in the sector by 9-25% ** In the next 9 mths, ...
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Societe Generale cuts Aegon to "hold" & reduces earnings forecasts for co which it says is the most negatively ...
NEW YORK/LONDON, Aug 10 (Reuters) - British insurance entrepreneur Clive Cowdery is raising money for a fourth investment vehicle, at the same time as his third, U.S.-focused fund is being wound down and its sole asset put up for sale, sources aware of the matter told Reuters. Cowdery, founder of The Resolution Group, is one of UK insurance's biggest names, having spent more than a decade acquiring life insurance companies that were usually closed to new clients and then implementing cost savings to help bolster returns. The new Bermuda-based fund will maintain the same focus by reinsuring closed-book businesses in the United States and Europe, according to two sources aware of the matter, who spoke on condition of anonymity as the information isn't public.
European shares dropped to their lowest level since late March on Thursday as cyclicals fell and some big stocks went ex-dividend, overshadowing a number of upbeat earnings reports. The pan-European STOXX ...
European shares slipped in early deals on Thursday, extending losses as shares in cyclical sectors fell and some large firms went ex-dividend, while earnings spurred some large individual company moves. ...
Britain's markets watchdog said it will review how insurers are treating customers that have bought "with-profits" policies that contain guaranteed returns. The policies typically have guarantees and are no longer offered widely by insurers. The Financial Conduct Authority said the last full review that focused on with-profits business was in 2010.
European share prices steadied on Monday as fresh political concerns in Spain weighed, although merger and acquisition activity underpinned broader regional benchmarks. Madrid's main market index fell ...
Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets Summary: ** Athens stocks up as euro zone finance ministers meet for Greek deal ** Clariant-Huntsman tie-up takes ...
Madrid blue chips fell 0.5 percent by 0809 GMT, while the broader pan-European STOXX 600 index was flat and commodity-heavy FTSE added 0.4 percent. Spain's Socialists on Sunday chose former leader and hardliner Pedro Sanchez to head the party again, a vote likely to make it harder for the ruling conservatives to secure the opposition support it needs in parliament to push through legislation. "Although Sanchez was gaining traction over the past week the result comes as a surprise and could introduce political risk again into the Spanish investment case," Exane analysts said in an note to clients.
European shares fell slightly on Friday, with eyes on a vote on U.S. President Donald Trump's healthcare bill, while technology companies outperformed. The pan-European STOXX 600 was down 0.2 percent, ...
Insurer Legal & General is not planning any large acquisitions, its chief financial officer said on Wednesday, after the company reported an 11 percent rise in 2016 operating profit. Insurer and asset ...
Insurer Legal & General has hired Paul Miller, currently head of Europe, Middle East and Africa insurance in the investment banking division at Goldman Sachs, as group strategy and merger and acquisitions ...
European shares fell on Friday with gains in insurance heavyweight Allianz and firmer pharma stocks more than offset by a pull-back in banking and mining stocks. Allianz rose 2.4 percent. Europe's largest insurer proposed spending 3 billion euros on buying back its own shares after posting higher-than-expected profits and saying it was adjusting its policy on budgeting for possible takeovers.
European shares were little changed in early deals on Friday, but were on track to end higher for the second week in a row, helped by a string of solid earnings updates. Allianz (Swiss: ALV-EUR.SW - news) rose 3.3 percent after Europe's largest insurer proposed spending 3 billion euros on buying back its own shares after posting a higher than expected profit growth. The pan-European index is up 0.8 percent so far this week and remains near its highest level in 13 months.