Williams v Natural Life Health Foods Ltd

EQS-News: Allianz SE: Allianz increases operating profit by almost a quarter to 3.7 billion euros

Retrieved on: 
Friday, May 12, 2023

1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.

Key Points: 
  • 1Q 2023: Operating profit jumped 24.2 percent to 3.7 (1Q 2022: 3.0) billion euros.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    1Q 2023: Total business volume rose by 11.2 percent to 24.1 (21.7) billion euros.
  • Operating profit increased to 1.3 (0.8) billion euros and benefited in particular from a higher result in the United States.
  • Positive net inflows of 14.9 billion euros and favorable market impacts of 42.2 billion euros were partially offset by negative foreign currency translation effects of 23.4 billion euros.

Kemper Announces Schedule for First Quarter 2023 Earnings Release and Preliminary Results

Retrieved on: 
Thursday, April 27, 2023

The first quarter of 2023 Combined Ratios were adversely impacted by prior year claim reserve additions and catastrophes.

Key Points: 
  • The first quarter of 2023 Combined Ratios were adversely impacted by prior year claim reserve additions and catastrophes.
  • Kemper Auto was further impacted by higher than anticipated frequency within its private passenger auto and commercial vehicle offerings.
  • Preliminary pre-tax catastrophe losses for the first quarter 2023 were approximately $29 million with the following attribution:
    Life & Health after-tax income for the quarter was approximately $13 million; this reflects the accounting under LDTI.
  • Kemper will host its conference call to discuss first quarter 2023 results on Monday, May 8, 2023, at 5:00 pm Eastern (4:00 pm Central).

2023 targets and financial assumptions under IFRS 17 - SCOR targets Economic Value growth as its financial priority

Retrieved on: 
Wednesday, April 12, 2023

SCOR will present its 2023 Q1 results under IFRS 17 on May 12, 2023.

Key Points: 
  • SCOR will present its 2023 Q1 results under IFRS 17 on May 12, 2023.
  • The outline of the new strategic plan under IFRS 17 will be presented at the Annual General Meeting on May 25, 2023.
  • As of Q1 2023, the Group will publish its financial results under the new IFRS 17 accounting standard.
  • Economic Value as of December 31, 20224
    Under IFRS 17, the Group’s Economic Value as of December 31, 2022, is estimated at EUR 8.7 billion5.

A Fintech Leader, Perfios Wins the ASEAN-India Business Achievement Award 2023

Retrieved on: 
Monday, March 20, 2023

KUALA LUMPUR, Malaysia, March 20, 2023 /PRNewswire/ -- Perfios, the category-creator, AI powered financial software solutions leader, has been awarded the prestigious AIBC award at the 5th ASEAN-India Business Summit in Kuala Lumpur, Malaysia.

Key Points: 
  • KUALA LUMPUR, Malaysia, March 20, 2023 /PRNewswire/ -- Perfios, the category-creator, AI powered financial software solutions leader, has been awarded the prestigious AIBC award at the 5th ASEAN-India Business Summit in Kuala Lumpur, Malaysia.
  • Based in Kuala Lumpur, Perfios is a global leader in AI-powered financial decisioning solutions and commands over 80% market share within its key market segments.
  • Perfios' Insights, a Fintech solution that employs intelligent OCR and Machine Learning, transformed the lending practices of Southeast Asian banks and NBFCs by analyzing bank statements digitally.
  • Perfios is committed to driving digital transformation and financial inclusion for the BFSI segment, and this award recognizes its sustained efforts towards achieving this goal.

Ping An reports RMB148,365 million of operating profit attributable to shareholders of the parent company in 2022, annual cash dividend per share grows by 1.7% year on year

Retrieved on: 
Wednesday, March 15, 2023

HONG KONG and SHANGHAI, March 15, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An of China," "Ping An," or the "Group," HKEX: 2318; SSE: 601318) today announced its financial results for the year ended December 31, 2022.

Key Points: 
  • Ping An achieved a 17.9% operating ROE, with operating profit attributable to shareholders of the parent company rising 0.3% year on year to RMB148,365 million in 2022.
  • Net profit and net profit attributable to shareholders of the parent company amounted to RMB107,432 million and RMB83,774 million respectively.
  • Ping An achieved a 17.9% operating ROE in 2022, with operating profit attributable to shareholders of the parent company rising 0.3% year on year to RMB148,365 million.
  • Ping An attaches importance to shareholder returns, and the annual cash dividend per share continued to grow 1.7% year on year to RMB2.42.

Ping An reports RMB148,365 million of operating profit attributable to shareholders of the parent company in 2022, annual cash dividend per share grows by 1.7% year on year

Retrieved on: 
Wednesday, March 15, 2023

HONG KONG and SHANGHAI, March 15, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An of China," "Ping An," or the "Group," HKEX: 2318; SSE: 601318) today announced its financial results for the year ended December 31, 2022.

Key Points: 
  • Ping An achieved a 17.9% operating ROE, with operating profit attributable to shareholders of the parent company rising 0.3% year on year to RMB148,365 million in 2022.
  • Net profit and net profit attributable to shareholders of the parent company amounted to RMB107,432 million and RMB83,774 million respectively.
  • Ping An achieved a 17.9% operating ROE in 2022, with operating profit attributable to shareholders of the parent company rising 0.3% year on year to RMB148,365 million.
  • Ping An attaches importance to shareholder returns, and the annual cash dividend per share continued to grow 1.7% year on year to RMB2.42.

Inszone Insurance Services Completes Acquisition of Donna Ledwick Insurance Services

Retrieved on: 
Tuesday, March 7, 2023

Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, has announced the completion of its acquisition of Donna Ledwick Insurance Services.

Key Points: 
  • Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, has announced the completion of its acquisition of Donna Ledwick Insurance Services.
  • Donna Ledwick Insurance Services, which opened its doors in 1997, has been a cornerstone in the area, supporting clients with their insurance needs and specializing in Life & Health, personal and commercial lines.
  • Donna Ledwick, former proprietor of Donna Ledwick Insurance Services, studied financial services and obtained her series 6 and 63 licenses before ultimately deciding that the insurance industry was preferable to the financial industry.
  • The acquisition of Donna Ledwick Insurance Service is one of many important acquisitions that Inszone Insurance Services is expected to announce in the upcoming months.

EQS-News: Hannover Re partners with Stone Ridge in first cyber risks transfer to the capital markets through proportional reinsurance

Retrieved on: 
Thursday, February 2, 2023

Longstanding partner Stone Ridge is supporting the transfer with capital of USD 100 million.

Key Points: 
  • Longstanding partner Stone Ridge is supporting the transfer with capital of USD 100 million.
  • "For the first time, we were able to transfer cyber risks to the capital markets, and on a substantial scale, through a proportional reinsurance solution.
  • "We want to build on this initial success and further expand our cooperation with capital markets investors, extending also beyond our own retrocessions."
  • It leverages the entire ILS spectrum to transfer risks for its clients and cover its own risks through the capital markets.

New Year, Gain New Career Success With Innovative Education Options for Those Seeking a Fresh Start or Professional Development

Retrieved on: 
Wednesday, December 28, 2022

Whether it's coveted work/life balance, market growth, unending need for the services, or substantial compensation increases, one is sure to find career freedom and purpose in any one of the Career Certified brands.

Key Points: 
  • Whether it's coveted work/life balance, market growth, unending need for the services, or substantial compensation increases, one is sure to find career freedom and purpose in any one of the Career Certified brands.
  • There is never a better time than now to try something new or build upon professional skills for career freedom and make purpose attainable.
  • Career Certified pairs advanced, easy-to-use platforms with a deep understanding of students' needs, conducive to guiding them as they enter new careers.
  • The education is customized to each profession served, providing every student with a strong foundation for success.

illumifin Names Peter Goldstein as President and CEO

Retrieved on: 
Wednesday, December 21, 2022

GREENVILLE, S.C., Dec. 21, 2022 /PRNewswire/ -- illumifin, a leading third-party insurance administration and technology provider, today announced it has named Peter Goldstein as its new president and chief executive officer, effective immediately.

Key Points: 
  • Former illumifin President Heads Leading Insurance Services and Software Provider in the North American, Life, Health, Long Term Care and Annuity Markets
    GREENVILLE, S.C., Dec. 21, 2022 /PRNewswire/ -- illumifin, a leading third-party insurance administration and technology provider, today announced it has named Peter Goldstein as its new president and chief executive officer, effective immediately.
  • Brent Stone of Abry Partners, said, "As an experienced insurance industry veteran, we welcome Peter in his new role and look forward to him leading illumifin in the next exciting phase for the business."
  • "We have worked closely with Peter since the acquisition of LTCG in his role as President of illumifin.
  • illumifin is a diverse, passionate and empowered team of insurance specialists committed to the growth and success of its customers.