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Friday August 13, 10:32
Insurance news (briefly)
(by M. Riley)

Insurer Aegon said second quarter net income climbed to 436 million euros to compare with last year 159 million euros. Analysts predicted net profits to lie between 357 million and 414 million euros. During the second quarter net income rose 10 per cent to 349 million euros on strong growth across its country units.
 
Insurer Royal & Sun Alliance said first half operating profit fell 14.1 percent to 301 million pounds with revenue down 32 percent to 2.48 billion pounds. Its combined ratio lifted to 99.7 per cent from 99.3 percent, for ongoing operations it was 93.6 percent.
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