Kees J. Storm, who’s set to retire in July after 9 years as the CEO of the Netherlands insurance and financial services giant Aegon, N.V., told the annual meeting of shareholders that the company expected to at least equal 2001’s …
The ongoing battle between Poland’s new government and the Netherlands-based Eureko consortium over its plan to obtain majority control of Powszechny Zaklad Ubezpieczen (PZU), the country’s largest insurer, took a new turn yesterday when Wieslaw Kaczmarek, state treasury minister, announced …
ING, the Netherlands-based insurance and financial services group, revealed plans to increase its investments in Mexico with the announcement that it has signed a memorandum of understanding, subject to negotiating final agreements, with the Mexican financial services company Grupo Financiero …
U.K.-based global insurer CGNU plans on renaming itself Aviva Plc, and also announced that, even though it had achieved a remarkable 41 percent growth in operating profits last year, it planned on reducing its dividend from 38 pence (54 cents) …
A report commissioned by the European Financial Services Round Table (EFR) has concluded that “the completion of the single market for financial services in Europe would create substantial benefits for consumers across Europe and also for economic growth.” The EFR …
The Netherlands-based Eureko consortium, apparently frustrated by the Polish government’s continued delays in implementing the agreement to sell a controlling interest in Poland’s largest insurer Powszechny Zaklad Ubezpieczen (PZU) (See IJ Website Feb.7), has formally requested that the matter be …
One key indicator of any country’s economic health is the confidence of investors in its commercial enterprises. By that standard Mexico is on a roll. Since the end of the currency crisis in 1994, and the introduction of NAFTA in …
Many European countries observed Sunday, Jan. 27 as Holocaust Memorial Day, a time set aside to honor the memory of the 12 million human beings—over six million of them Jewish—who perished at the hands of the Nazis during World War …
One key indicator of any country’s economic health is the confidence of investors in its commercial enterprises. By that standard Mexico is on a roll. Since the end of the currency crisis in 1994, and the introduction of NAFTA in …
Poland’s recently installed government has reportedly thrown up a new barrier for the Eureko consortium to pass in its quest for control of the country’s largest insurer Powszechny Zaklad Ubezpieczen (PZU). Eureko, a group of affiliated European insurers, based in …
