PFG REPORTS 52.8% RISE IN NET

Article Abstract:

The Principal Financial Group (PFG) has posted 52.80 percent rise in its net income to $693 million during 1998. During the period, the total equity backing customer commitments rose by 7.2 percent to $5.7 billion. The pension assets grew by 10.1 percent to $54.10 billion. PFG catered to the pension needs of 4.7 percent additional employer customers during 1998. During the year, the company also raised in its capital gains, revenues, deposits and asset under management. (ag)(psr)

Sales, profits & dividends, Principal Financial Group

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Risk measures and return performance: a critical approach

Article Abstract:

Emphasis should be placed on the amount of money at the time of stating risk measure, which is required to guarantee the feasibility of the final value for the position in exam. The current literature is reviewed to show how one-side and intertemporal elements have to be explicitly included in the definition of risk measure, to give a flexible policy instrument to risk managers.

Asset & Risk Management, Evaluation, Risk management, Insurance industry

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Service innovation strategy and process: a cross-national comparative analysis

Article Abstract:

The article examines new service development strategy across financial services in the United States and Australia.

Australia, Services information, Market Targeting & Approach, Usage, Innovations, Services, Comparative analysis, Epidemiological research, Cross sectional studies, Market strategy

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