Royal & Sun considers expansion steps

Article Abstract:

Royal & Sun Alliance PLC is considering a possible acquisition in an attempt to expand its life-insurance operations in the UK. The company said that it is on track to post sustained growth in its general insurance business by the year 2001. Royal & Sun is a provider of composite insurance. The company is not planning to sell off its life-insurance business in the UK.

Comment:

Considering possible acquisition to expand life-insurance operations in the UK

United Kingdom, Strategy & planning, Planning, Abstract, Royal & SunAlliance PLC

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Coface's profit rises 12%

Article Abstract:

Coface posted an increase of 12% in its net profits for the 2001 first-half. The company posted 29.7 million euros in net profits for the period.

Sales, profits & dividends, France, INSURANCE CARRIERS, Finance, Profit, Profits, Compagnie d'Assurance Pour Le Commerce Exterieur

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