Pension

Swiss Life completes share buyback programme

Retrieved on: 
Wednesday, April 10, 2024

The Swiss Life Group is one of Europe’s leading comprehensive life and pensions and financial solutions providers.

Key Points: 
  • The Swiss Life Group is one of Europe’s leading comprehensive life and pensions and financial solutions providers.
  • Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions.
  • Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products.
  • The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN).

EQS-News: IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment

Retrieved on: 
Wednesday, April 10, 2024

IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment

Key Points: 
  • IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment
    The issuer is solely responsible for the content of this announcement.
  • IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment
    Ample liquidity with free available liquidity reserve of €1.4 billion (previous year: €1.2 billion)
    Dr Michael Wiedmann, Chairman of the Board of Managing Directors of IKB: “We have met our annual targets and are on track to achieving our medium-term goals.
  • 2023 was largely characterised by the increase in market interest rates against a difficult economic backdrop.
  • Table: IKB income statement for the 2023 financial year (Group, in accordance with German commercial law)

Aéma Groupe: FY 2023 Results

Retrieved on: 
Wednesday, April 10, 2024

Pascal Michard, Aéma Groupe Chairman of the Board of Directors, said:

Key Points: 
  • Pascal Michard, Aéma Groupe Chairman of the Board of Directors, said:
    "In 2023 we completed the group's structure, and confirmed our mutualist mission at the service of everyone.
  • Since 2021, Aéma Groupe has invested more than 6 billion euros in green, social and sustainable bonds, including more than 1.3 billion euros in 2023.
  • Aéma Groupe's first strategic plan, Cap 2023 "Building to conquer", established a new leading mutualist player in the French insurance market.
  • Encouraged by this successful growth, the group has announced a new strategic plan: "Aéma 2026: À vos marques!” ["Aéma 2026 : on your marks!” - the French word “Marque” means “Brand”].

Baloise’s Switzerland business proves robust despite challenging year

Retrieved on: 
Wednesday, April 10, 2024

The full-range financial service offering, encompassing insurance and banking services, is proving extremely popular with customers and is continuing to grow steadily across Switzerland.

Key Points: 
  • The full-range financial service offering, encompassing insurance and banking services, is proving extremely popular with customers and is continuing to grow steadily across Switzerland.
  • Clemens Markstein, CEO of Baloise Switzerland: “The storm that hit all parts of Ticino in August resulted in an exceptionally high number of claims for the Switzerland business in 2023.
  • But the business still proved robust despite it being such an exceptional year for claims.
  • The very good growth in premiums in the non-life business was particularly encouraging, as were the strong earnings in the banking business.

EQS-News: SGL Carbon achieves annual targets for 2023 and invests more in growth markets

Retrieved on: 
Wednesday, April 10, 2024

The contribution of the individual business units to SGL Carbon's adjusted EBITDA reflects the sales development already described.

Key Points: 
  • The contribution of the individual business units to SGL Carbon's adjusted EBITDA reflects the sales development already described.
  • The projected operating loss of CF will have a negative impact on the adjusted EBITDA of the SGL Carbon Group in 2024.
  • We will continue to expand production capacities in this sector to secure future profitable growth for SGL Carbon.
  • Further details on business development in 2023 and the outlook for 2024 can be found in SGL Carbon's Annual Report.

Novus Black Sets Sail for Global Expansion with Launch of Novus Black Atlantic

Retrieved on: 
Tuesday, April 9, 2024

Essex, England--(Newsfile Corp. - April 9, 2024) - Novus Black has announced its plan to expand from the UK to the global market.

Key Points: 
  • Essex, England--(Newsfile Corp. - April 9, 2024) - Novus Black has announced its plan to expand from the UK to the global market.
  • Global Appeal: With partnerships in the pipeline across regions including the Atlantic, the Emirates, and India, Novus Black's appeal is inherently global.
  • As part of its plan for expansion, Novus Black has recently introduced a new financial director with decades of experience in finance and investment.
  • We want the clients of Novus Black Atlantic to understand that with their investments come hopes, aspirations, and sometimes, uncertainties.

Media Advisory: Budget 2024 Must Invest in Affordability, Reject Austerity

Retrieved on: 
Thursday, April 4, 2024

OTTAWA, April 04, 2024 (GLOBE NEWSWIRE) -- Bea Bruske, President of the Canadian Labour Congress, is available for comment on what workers are looking for in the upcoming federal budget.

Key Points: 
  • OTTAWA, April 04, 2024 (GLOBE NEWSWIRE) -- Bea Bruske, President of the Canadian Labour Congress, is available for comment on what workers are looking for in the upcoming federal budget.
  • The upcoming budget is an opportunity to deliver much-needed help and address these inequities,” explained Bruske.
  • “We must invest in non-profit rental and social housing, to make homes affordable for every family.
  • “Budget 2024 is an opportunity to fight back against a vision of Canada where wealthy corporations get more tax giveaways, and deeper government spending cuts mean even less help for people who need it most.”

MONDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that iRhythm Technologies, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - IRTC

Retrieved on: 
Thursday, April 4, 2024

Lead plaintiff motions for the iRhythm class action lawsuit must be filed with the court no later than April 8, 2024.

Key Points: 
  • Lead plaintiff motions for the iRhythm class action lawsuit must be filed with the court no later than April 8, 2024.
  • A lead plaintiff acts on behalf of all other class members in directing the iRhythm class action lawsuit.
  • The lead plaintiff can select a law firm of its choice to litigate the iRhythm class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the iRhythm class action lawsuit.

INVESTOR DEADLINE NEXT WEEK: Robbins Geller Rudman & Dowd LLP Announces that iRhythm Technologies, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - IRTC

Retrieved on: 
Monday, April 1, 2024

Lead plaintiff motions for the iRhythm class action lawsuit must be filed with the court no later than April 8, 2024.

Key Points: 
  • Lead plaintiff motions for the iRhythm class action lawsuit must be filed with the court no later than April 8, 2024.
  • A lead plaintiff acts on behalf of all other class members in directing the iRhythm class action lawsuit.
  • The lead plaintiff can select a law firm of its choice to litigate the iRhythm class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the iRhythm class action lawsuit.

Japan-based investors allocating to alternatives grew by over 50% since 2019 — Preqin reports

Retrieved on: 
Tuesday, April 2, 2024

The report highlights that the number of Japan-based investors, actively investing in alternatives, grew by over 50% from 2019 to the start of 2024*.

Key Points: 
  • The report highlights that the number of Japan-based investors, actively investing in alternatives, grew by over 50% from 2019 to the start of 2024*.
  • Preqin analysts find that the need for higher returns, especially in a low interest rate environment, propelled investors to look at the alternative asset classes.
  • Although more investors based in Japan, such as pension funds, insurance firms, and banks, are actively allocating to alternatives assets to achieve higher returns, their target returns are typically modest compared to other investors globally.
  • Preqin analysts note that Japan-based investors are generally conservative and adopt a relatively long-term approach to alternatives.