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Home » Articles posted by waconsultant

All articles by WA Consultant

Marsh & McLennan completes sale of MMC Capital

Stone Point Capital, headquartered in Greenwich, Connecticut, will assume management responsibility for the Trident Funds, a private equity group that has been a leader in making investments in

Fortis profit rises on banking business

Fortis, Belgium’s biggest financial services company, delivered net income of E1.5 billion, compared with E1.4 billion a year earlier. Banking profit increased by 40% to E776 million, compared

ING profits jump in first quarter

ING achieved a net income of E1.94 billion, compared to E1.13 billion a year earlier. Net profit from insurance activities increased from E467 million to E730 as the

Old Mutual in talks to buy Skandia

Old Mutual is believed to be looking to acquire 100% of the Sweden-based insurer, which has been weakened by scandals over management bonuses and perks, at a cost

HSBC to increase stake in Chinese insurer

HSBC Insurance Holdings Limited, a wholly-owned subsidiary of the HSBC Group, will increase its total stake in Shenzhen-based Ping An to 19.9%, the maximum share available to a