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Allstate's net profit surged 29% in 4th quarter

Article Abstract:

Allstate Corp. posted an increase of 29% in its net profits for the 2000 fourth-quarter. The company posted $547 million (588.2 million euros) in net income for the period.

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Allstate Corp., ALL

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Lloyd's estimates U.S. attack payouts will be E2.07 billion

Article Abstract:

Lloyd's of London announced that it was facing its biggest single loss in its 300-year history following the Sept. 11 terrorist attacks, but the insurance market said it can absorb the blow. According to Lloyd's, its members' net payouts to settle claims related to the attacks will total GBP1.3 billion (Euro2.07 billion).

Author: Pringle, David
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
United Kingdom, Lloyd's of London

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ING slashes profit forecast on claims related to attacks

Article Abstract:

ING Group N.V. has reduced its profit forecast for 2001, due to claims from the Sept. 11 terrorist attacks. The firm said that its total estimate of claims related to the attacks had risen to Euro600 million before catastrophe cover and tax, up from its earlier September estimate of E50 million

Author: Bilefsky, Dan
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Germany, Accident & Health Insurance, Insurance Carriers, New York, Liabilities NEC, Medical Service and Health Insurance, Health insurance industry, ING Group N.V.

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Subjects list: United States, Finance, Property and casualty insurance, Property and casualty insurance industry, Abstract
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