2015 earnings News

Zurich Profit Falls 4% on Decline at General Insurance Unit

Zurich Insurance Group AG, Switzerland’s biggest insurer, said first-quarter profit fell 4 percent on lower earnings from general insurance and higher tax payments. Net income declined to $1.22 billion from $1.28 billion a year earlier, the Zurich-based insurer said in …

Munich Re Posts Q1 2015 $896 Million Profit; Lower Operating Results

Munich Re announced that it realized a profit of €790 million [$896 million] for the first quarter of 2015, compared to €941 million [$1.067 billion] in Q1 2014. Despite the lower figure, Munich Re said it is “still aiming for …

RSA Q1 Premiums Rise 1% to $2.3 Billion in Competitive Markets

RSA Insurance Group plc, the U.K.’s second-largest non-life insurer by market value, said revenue for the first quarter edged higher as it disposed of assets. Net written premiums for its core operations rose 1 percent on a constant currency basis …

Allianz Profit Rises 11% to 1.82 Billion Euros Despite Outflows From PIMCO

Allianz SE, Europe’s biggest insurer, said first-quarter profit climbed 11 percent, even as investors withdrew funds from its asset manager Pacific Investment Management Co. The shares surged the most in six months. Net income increased to 1.82 billion euros ($2 …