Broker woe and European legal costs weigh on Hansard results
Hansard Global has reported a drop in profits and a £1.1m ($1.4m, €1.2m) provision taken against ‘doubtful broker balances’ for the year ending June 2017.
Generali sets out fresh plans for asset management expansion
Generali unveiled a fresh push into asset management and said it will bolster its fee-based business, after reporting a 9% fall in first-quarter profits on Thursday.
Generali delivers solid results as life business improves
Italian insurer Generali Group described its 2016 results as “excellent”, benefitting from “very strong net inflows” in its Life segment, an earlier cost cutting exercise, and a change in the product mix of its domestic business.
Axa reports record revenues as CEO rules out Generali bid
French insurer Axa said revenues crossed the €100bn (£84bn, $105bn) mark for the first time in the company’s history as chief executive Thomas Buberl distanced himself from a bid for Generali’s German life insurance business.