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TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 BST


Published : Fri, 25 May 2007 09:32
By : Agencies
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2007-05-25 08:26:52

Catlin Group confident for FY despite 'modest pressure' on pricing, volumes

LONDON (Thomson Financial) - Catlin Group Ltd said it performed strongly in

the period ended March 31 on positive market conditions and continued broker

support for its enlarged underwriting operations and said it is confident about

the full year.

2007-05-25 08:11:11

EcoSecurities says progress with certified emission reduction continues

LONDON (Thomson Financial) - EcoSecurities Group PLC said it has maintained

progress with certified emission reductions (CER) and that it continues to

capture new carbon market opportunities.

2007-05-25 08:03:12

NIBC says no next steps towards IPO before Sept as confirms Q1

AMSTERDAM (Thomson Financial) - NIBC said that the next steps towards the

preparation of its IPO should not be expected before September.

2007-05-25 07:31:50

Axa drops plans to list Nexity property joint venture - report

PARIS (Thomson Financial) - Insurance group Axa has dropped plans to float a

property joint venture created last year with homebuilder Nexity, deciding

instead to keep the property assets in-house, La Tribune reported citing unnamed

sources.

2007-05-25 07:09:18

Munich Re prepares to issue a perpetual bond of about 1 bln eur

MUNICH (Thomson Financial) - Muenchener Rueckversicherungs AG said it is

preparing to issue a perpetual bond of about 1 bln eur as part of measures to

optimise its capital structure.

2007-05-25 03:51:44

Standard Chartered aims to double China wholesale banking revenue in 5 years

BEIJING (XFN-ASIA) - Standard Chartered said it aims to double its wholesale

banking revenue in Greater China within five years.

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