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Europe's No. 2 insurer, AXA, said on Friday its first-half net income edged 1 percent lower on a like-for-like basis, as a $302 million accounting loss on interest rate hedging instruments offset operational gains.

Europe's No. 2 insurer, AXA, said on Friday its first-half net income edged 1 percent lower on a like-for-like basis, as a $302 million accounting loss on interest rate hedging instruments offset operational gains.

Allianz's operating profit grew more strongly than expected in the second quarter, with a strong performance in property and casualty insurance and asset management overcoming weakness in life insurance.

Allianz's operating profit grew more strongly than expected in the second quarter, with a strong performance in property and casualty insurance and asset management overcoming weakness in life insurance.

Youve been in the insurance business for nearly 30 years now, in several leadership roles. What is it that makes heading up American Modern an attractive challenge for you, following your accomplishments at USAA?

The Cayman Islands added 24 new captives in the first half of 2013, bringing the total number of licensed captives in the domicile to 750 as of June 30.