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Multiline Insurance & Brokers

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Catalana Occidente board agrees to relocate its registered office to Madrid

Tuesday, 10 Oct 2017


Aon signs definitive agreement to sell benefits administration, HR BPO platform

Friday, 10 Feb 2017

Aon Plc - : Aon reports fourth quarter and full year 2016 results . Q4 earnings per share $1.87 . Q4 revenue rose 1 percent to $3.3 billion . Q4 earnings per share view $2.49 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $2.56 . Signed a definitive agreement to sell benefits administration and HR business process outsourcing businesses for gross cash proceeds up to $4.8 billion . Total after-tax cash proceeds from deal are expected to be approximately $3.0 billion . Deal includes $4.3 billion in gross cash at closing and additional consideration up to $500 million based on future performance . Aon Plc says foreign currency exchange rates in Q4 had a $0.04 per share, or $13 million pretax, favorable impact on gaap net income . Subsequent to close of Q4, authorized a $5.0 billion increase to existing remaining authorization under its share repurchase program . Identified immaterial legacy errors related to quarterly timing of revenue recognition within americas retail brokerage business in risk solutions . Immaterial legacy errors affected quarterly revenue amounts previously reported .Impact of errors on company's annual revenue and organic growth is immaterial.

Assiteca to incorporate units Assiteca & Co and Assiteca B.A.

Thursday, 28 Jul 2016

Assiteca Spa Internazionale Di Brokeraggio Assicurativo :To incorporate units Assiteca & Co and Assiteca B.A..

Zurich CEO says new structure will see redundancies, cannot quantify at the moment

Friday, 10 Jun 2016

Zurich Insurance says in media call : Zurich insurance CEO says too early to talk about dividend of 2017 . CEO Says Will Report Soon On Progress On Reshaping The Business, Will Show That Actions Taken Will Restore Profitability Of Company . Zurich CEO says not ready today to speak about possible costs from introducing new structure . Zurich Insurance CEO says in next weeks or months will quantify impact of new structure and how this could impact cost saving targets . Zurich CEO confirms current cost saving target . Zurich CEO Greco says new structure wasn't driven by cost cuts, adds there will be redundancies from new structure but cannot quantify this at the moment . Zurich CEO Greco says by September we will know exactly what the impact in terms of cost reductions and possible extraordinary costs from new structure .Zurich CEO Greco says between today and November we will update as soon as possible if cost savings target can be held or revised upwards.

Assiteca SpA Internazionale di Brokeraggio Assicurativo incorporates units Assiteca, Assiteca & Partners and Assiteca Napoli‍

Tuesday, 16 Feb 2016

Assiteca SpA Internazionale di Brokeraggio Assicurativo:Incorporates units Assiteca Srl, Assiteca & Partners Srl and Assiteca Napoli SpA.Expects to close the transactions in the second half of June ‍​.

UNIQA Insurance Group launches investment programme of about EUR 500 million, comments on FY 2016 guidance and dividend

Monday, 18 Jan 2016

UNIQA Insurance Group AG:To launch investment programme in FY 2016 in order to align processes and products with customer requirements and expectations that are being transformed by the digital revolution.Programme to be spread over several years and comprises a total volume of around 500 million euros.Investments, a considerable portion of which are to be made in FY 2016, will primarily be employed for the redesign of the business model and the modernisation of IT systems that this requires.Expects significantly reduced earnings in the FY 2016 financial year compared to FY 2015's strong earnings.Intends to continue its since 2012 consistently implemented progressive dividend policy with annual increases of the distribution per share.


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