Abstracts » Business, international

Sistema Mapfre 9-month net profit increases 15%

Article Abstract:

Sistema Mapfre posted an increase of 15% in its net profits for the first nine months of 2001. The company posted 194.4 million euros in net profits for the period.

Spain, INSURANCE CARRIERS, Profit, Profits, Sistema Mapfre

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Australia's Colonial posts strong profit, plans to expand business in the U.K

Article Abstract:

Colonial Ltd. posted an improvement of 54% in its net profits for the first-half of 1999. Colonial is an insurance and banking operation based in Australia. The company posted A$212 million in net profits for the period. During the same period in 1998, Colonial posted A$138 million. Peter Smedley, the chief executive officer of Colonial, said that the improved profits showed a strong operating performance throughout the whole group.

Australia, Abstract, Colonial Ltd.

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Independent sees profit rise

Article Abstract:

Independent Insurance Group PLC posted an improvement of 12% in trading profits for the first-half of 1999. The company posted 29.3 million pound sterling (44.3 million euros) in profits during the period. Independent said that the market environment was improving. The company is a insurance firm based in the UK. Net premiums improved by 16% to 257.1 million pound sterling.

United Kingdom, Independent Insurance Group PLC

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