AXA ’s first-half earnings take hit from spinoff of US unit
AXA XL continues appointments spree
'It's a real shame to see motor insurance premium reductions stall'
Kayne Anderson Rudnick Investment Management has acquired further shareholding in Sabre Insurance Group Plc.
The US investment firm, whose stake previously stood at 5.07%, now has 6.22% of voting rights attached to shares out of Sabre ’s 250 million total. That means Kayne Anderson Rudnick ’s voting rights in the British motor insurer, following the acquisition, are in excess of 15.5 million.
Earlier this year, it was revealed that AXA Investment Managers owns 5.04% of the underwriter, whose ordinary shares were admitted to trading on the London Stock Exchange in December 2017.
This week Sabre announced its financial results for the first half of 2019. Pre-tax profit in the six months ended June 30 was at £30.5 million, while profit after tax amounted to £24.7 million.
BGC Insurance Group continues aviation ramp-up
Another Marsh JLT Speciality flies out
Barbican Protect names professional indemnity head in London
Key recruit "will undoubtedly help to boost our standing"
This week's top jobs in insurance – August 05, 2019
Here are career opportunities, from underwriting to coaching
Yorumlar
Yorum Gönder