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Investors press Baloise to shake up business after Cevian swoop

Investors press Baloise to shake up business after Cevian swoop By Oliver Hirt and Paul Arnold ZURICH, Sept 10 (Reuters) - Swiss insurer Baloise BALN.S is under pressure to heed shareholder demands to shake up its portfolio and boost returns since activist investor Cevian Capital said it held over 9% of the company's stock, becoming its biggest stakeholder.
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Japan Airlines expects no flight cancellations from A350 inspections

UPDATE 3-Japan Airlines expects no flight cancellations from A350 inspections Updates with additional Rolls-Royce comment in paragraph 3, details on engine fuel nozzle supplier in paragraphs 13-16 By Lisa Barrington and Tim Hepher SEOUL, Sept 6 (Reuters) - Japan Airlines 9201.T does not expect flight cancellations or delays as a result of inspections ordered by Europe's air safety regulator on engines of Airbus AIR.PA A350-1000 jets, it said on Friday.
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Europe regulator orders checks on Airbus A350-1000 engines

UPDATE 4-Europe regulator orders checks on Airbus A350-1000 engines EASA regulator orders checks on some A350 jets Measure involves visual checks of A350-1000 engines Comes after engine part failed on Cathay Pacific jet Recasts after regulator issues safety bulletin By Joanna Plucinska and Tim Hepher LONDON/PARIS, Sept 5 (Reuters) - Europe's air safety regulator on Thursday ordered inspections on engines of Airbus AIR.PA A350-1000 jets after an engine fire during the flight of a Cathay Pacific 0
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Falling rates offer scant shelter from property storm

REFILE-ANALYSIS-Falling rates offer scant shelter from property storm Corrects typo in "offer" in headline Property boomed during decade of rock bottom rates Prices unravel after recent hikes Crisis claims victims from U.S. to Germany Small U.S. banks at risk due to outsized property loans By Tom Sims, Matt Tracy, John O'Donnell and Iain Withers NEW YORK/LONDON, Sept 5 (Reuters) - Global property markets, rattled by the steepest rise in interest rates in a generation, will get little relief from
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Airbus, Rolls to break silence to airlines on Cathay Pacific A350 engine incident, sources say

UPDATE 2-Airbus, Rolls to break silence to airlines on Cathay Pacific A350 engine incident, sources say Airbus, Rolls prepare to brief airlines on Cathay A350 incident Cathay Pacific found 15 of its 48 A350s had damaged fuel lines Some other carriers have made precautionary checks Initial investigation highlights pierced pipe, cause unclear-sources Too early to rule out findings requiring further action-sources Recasts updating paragraphs 1-3, adds Rolls-Royce shares in paragraph 16 By Tim Hephe
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Cathay Pacific A350 fleet to resume full service by Saturday after repairs

UPDATE 3-Cathay Pacific A350 fleet to resume full service by Saturday after repairs All Cathay's A350s expected to resume service by Saturday Source says leaking fuel system may have caused engine fire Engine maker Rolls-Royce has not ordered fleet-wide inspection Some Asian A350 operators inspecting engines, carriers say 15 A350s need fuel line repairs, Cathay says Updates with comments from airlines paragraphs 15,19 By Lisa Barrington and Joanna Plucinska Sept 4 (Reuters) - Cathay Pacific Airw
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Japan's JAL inspecting Rolls-Royce engines on its A350-1000 planes

Japan's JAL inspecting Rolls-Royce engines on its A350-1000 planes TOKYO, Sept 4 (Reuters) - Japan Airlines (JAL) 9210.T said on Wednesday it was conducting its own inspections of engines on its Airbus AIR.PA A350-1000 planes, after Hong Kong's Cathay Pacific Airways identified an engine part failure on one of its flights. By Tuesday, JAL had conducted in-house special inspections of three of the engines made by Rolls-Royce RR.L and they were found to be safe, a spokesperson for the Japanese air
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Malaysia's 1MDB says bid to strike out its $394 million claim against BSI Bank dismissed in Singapore

UPDATE 1-Malaysia's 1MDB says bid to strike out its $394 million claim against BSI Bank dismissed in Singapore Adds details, background from paragraph 2 KUALA LUMPUR, Aug 29 (Reuters) - A bid by now defunct BSI Bank Limited to strike out a $394 million claim against it by scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) and its unit, Brazen Sky Limited, has been dismissed by Singapore's High Court, 1MDB said on Thursday.
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European venture capital firm Redalpine raises $200 mln in largest fund

European venture capital firm Redalpine raises $200 mln in largest fund Aug 27 (Reuters) - Zurich-based venture capital firm Redalpine said on Tuesday it has raised $200 million in its largest-ever fund, which would back 15-20 early-stage companies across Europe. Called Redalpine Capital VII or RAC VII, the fund saw commitments from several existing investors, with limited partners including institutional investors such as public pension funds and national banks.
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Admiral, Capgemini, Zurich Insurance Group

EUROPE RESEARCH ROUNDUP- Admiral, Capgemini, Zurich Insurance Group Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Capgemini and Zurich Insurance Group, on Thursday. HIGHLIGHTS * Admiral ADML.L : Jefferies raises to hold from underperform * Capgemini CAPP.PA : Jefferies cuts target price to EUR 185 from EUR 195 * Glenveagh Properties Plc GLV.I : Jefferies raises to buy from hold * Orsted ORSTED.CO : Deutsche Bank c
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Harvard's suit against insurance broker over affirmative action case coverage narrowed

Harvard's suit against insurance broker over affirmative action case coverage narrowed By Nate Raymond Aug 15 (Reuters) - A federal judge on Thursday dismissed part of a lawsuit by Harvard University accusing a broker of botching the school's claim for up to $15 million in insurance coverage to help pay its legal bills in the case that led the U.S.
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Aviva tops earning forecasts on home, motor insurance price rises

UPDATE 2-Aviva tops earning forecasts on home, motor insurance price rises H1 operating profit 875 mln stg vs forecast 830 mln General insurance premiums up 15% To launch long-term fund for unlisted equity in H2 Adds background paragraph 4, CEO comment 6-7, detail 9-12 By Carolyn Cohn LONDON, Aug 14 (Reuters) - British insurer Aviva AV.L beat first-half profit expectations following a rise in general insurance premiums in Britain and Ireland, and said on Wednesday it remained confident of meetin
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Swiss stocks - Factors to watch on August 9

Swiss stocks - Factors to watch on August 9 Aug 9 - Here are some of the main factors that may affect Swiss stocks on Friday: ANALYSTS' VIEWS ZURICH INSURANCE GROUP ZURN.S : HSBC CUTS TARGET PRICE TO CHF 515 FROM CHF 525 GALDERMA GROUP AG GALD.S : JP MORGAN INITIATES COVERAGE WITH OVERWEIGHT RATING; PRICE TARGET CHF 90 ANNUAL GENERAL MEETINGS EMS CHEMIE HOLDING AG EMSN.S - 16 CHF/shr dividend proposed ECONOMY Swiss Q3 Consumer Confidence due at 0700 GMT.
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European insurers enjoy big profits after premium hikes

WRAPUP 1-European insurers enjoy big profits after premium hikes By Carolyn Cohn, Tom Sims and Yadarisa Shabong LONDON, Aug 8 (Reuters) - Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in natural catastrophes in recent years continue to face higher premiums on policies.
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STOXX 600 recovers early losses on US jobs data relief

UPDATE 2-STOXX 600 recovers early losses on US jobs data relief For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Novo rebounds on positive read-across from Lilly Siemens jumps after profit beat Allianz rises on Q2 beat Deutsche Telekom up after increase in Q2 core earnings STOXX 600 up 0.1% Updates at 1600 GMT By Ankika Biswas and Pranav Kashyap Aug 8 (Reuters) - Europe's benchmark stock index recouped early losses to close slightly highe
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Zurich Insurance continue to look at market for acquisitions

BRIEF-Zurich Insurance CFO -continue to look at market for acquisitions Aug 8 (Reuters) - Zurich Insurance Group AG ZURN.S : ZURICH INSURANCE CFO -- PRIORITY IS ORGANIC GROWTH, CONTINUE TO LOOK AT MARKET FOR ACQUISITIONS Further company coverage: ZURN.S (Reporting By Carolyn Cohn)
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Zurich Insurance tops profit forecast, catastrophe losses weigh on shares

UPDATE 3-Zurich Insurance tops profit forecast, catastrophe losses weigh on shares H1 operating profit $4 bln vs forecast $3.9 bln Property/casualty operating profit up 3%, life up 13% Natural catastrophe losses higher than year ago Organic growth is focus, could look at acquisitions-CFO Recasts paragraph 1, adds detail, CFO comment, shares By Carolyn Cohn and Eva Orsolya Papp LONDON, Aug 8 (Reuters) - Zurich Insurance ZURN.S posted a record first-half operating profit on Thursday and said it wa
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Swiss stocks - Factors to watch on August 8

Swiss stocks - Factors to watch on August 8 ZURICH/GDANSK, Aug 8(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: NOVARTIS NOVN.S Novartis Says Receives FDA Accelerated Approval For Fabhalta. ZURICH INSURANCE GROUP AG ZURN.S Zurich Insurance posted a better than expected rise in first-half business operating profit to $4.0 billion due to an ongoing robust performance in P&C, a record BOP in the Life business and excellent growth at Farmers, it said on Thursd
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Zurich Insurance posts H1 operating profit beat

Zurich Insurance posts H1 operating profit beat Aug 8 (Reuters) - Zurich Insurance ZURN.S posted a better than expected rise in first-half business operating profit to $4.0 billion due to an ongoing robust performance in P&C, a record BOP in the Life business and excellent growth at Farmers, it said on Thursday. Analysts had expected operating profit of $3.9 billion, according to a company-compiled consensus poll .
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Zurich denies any interest for Fineco

Zurich denies any interest for Fineco GDANSK, July 22 (Reuters) - Zurich Insurance Group ZURN.S "categorically denies" any interest for Italian asset gatherer FinecoBank FBK.MI , a spokesperson for the Swiss insurer said on Monday, dismissing a press report. Shares in Fineco rose on Monday after daily Il Messaggero at the weekend reiterated speculation about a potential offer for Fineco from the Swiss group, which is headed by veteran Italian executive and former Generali GASI.MI CEO Mario Greco
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