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Analysts expect AXA to post 8% profit rise

Article Abstract:

AXA S.A. is forecasted to post an increase of 8% in its operating profits for the 2002 year. Analysts believe that AXA will post 1.65 billion euros in operating profits for 2002, compared to 1.53 billion euros in 2001.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
France, AXA Group

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Munich Re posts another net loss; S&P cuts rating

Article Abstract:

Munich Re AG posted a 356 million euros net loss for the 2003 second quarter. The news led to the downgrading of the company's credit rating by Standard and Poor's.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

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Munich Re sees growth in 2003

Article Abstract:

Munich Re AG expects to see normal business operations growth for the 2003 first quarter. However, write-downs will erase the effects of the growth.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

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Subjects list: Finance, Forecasts and trends, Insurance industry, Market trend/market analysis, Company sales and earnings, Company earnings/profit, Germany, Munich Reinsurance Co.
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