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.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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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).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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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
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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