Axa's full-year net profit rises 11% on asset sale gain, overall growth

Article Abstract:

Full-year 2007 net profit for French insurance firm AXA Group increased 11% to $8.57 bil, exceeding analysts' expectations. Costs resulting from its acquisition of Winterthur were counterbalanced by gains on a sale of assets and strong underlying earnings.

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BNP Paribas offers upbeat outlook

Article Abstract:

Despite a 42% drop in fourth-quarter earnings to 1 billion euro in 2007, BNP Paribas S.A. remains confident about expected financial results in 2008. Article discusses recent financial losses in the investment and commercial banking sector.

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Scor's net profit doubles: deal, underwriting fuel strong results, but shares slip 1.9%

Article Abstract:

Second-quarter net profit for French reinsurance firm Scor S.A. rose to $142.9 mil; however, shares fell 1.9% due to a weaker combined ratio, according to traders and analysts.

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