AXA says its net profit rose 12% last year

Article Abstract:

Net profit for AXA Group of France was up by 12 percent to 4.17 billion Euros ($4.94 billion) in 2005 from 3.74 billion Euros in 2004. The insurance giant had increased performance of savings and life insurance products in the United States and strong performance of non-life products in Hong Kong, Singapore, Canada and Turkey.

Company Profile

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Royal and Sun adds to holdings: U.K. insurer to buy rest of Danish firm, paying $1.16 bil

Article Abstract:

British insurance firm Royal and Sun Alliance Insurance Group PLC announced plans to purchase the remaining 25% of Denmark's Codan A/S not already owned by Royal and Sun. The deal, valued at $1.16 bil, will be partly funded with new shares of $595.9 mil.

United Kingdom, Denmark, Royal & Sun Alliance Insurance Group PLC, Codan A/S

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AXA interested in rest of Australian affiliate

Article Abstract:

AXA S.A. is planning talks for the possible acquisition of a majority share in its Australian affiliate AXA Asia Pacific Holdings Ltd. The move is seen by analysts as part of the insurance giant's strategy to gain dominance in the Chinese market.

China, Australia, Foreign operations, AXA Asia Pacific Holdings Ltd., Aims and objectives

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