Edition:
India

Lena Masri

Vision Fund makes $110 million bet on renewable energy storage

15 Aug 2019

LONDON Softbank Group's Vision Fund has made its first foray into energy storage technology with a $110 million investment in Switzerland-based Energy Vault.

Admiral's first-half pretax profit up 4% despite Ogden rate hit

14 Aug 2019

LONDON British insurer Admiral on Wednesday posted a 4% rise in first-half pretax profit helped by the release of money put aside for claims written in previous years.

UPDATE 1-Insurer Admiral posts 4% rise in H1 pretax profit

14 Aug 2019

* H1 Ogden Rate hit 33.3 mln stg (Adds detail from statement, CEO quote, bullet points)

Lloyd's of London meets second-quarter electronic trading target

12 Aug 2019

LONDON Lloyd's of London met a second-quarter target to complete at least half of its insurance under-writing deals electronically, as part of efforts to modernize operations and save costs.

Lloyd's of London meets Q2 electronic trading target

12 Aug 2019

* Lloyd's members accept 60.2% of in-scope risks electronically

Woodford tops list of UK All Companies fund laggards - report

10 Aug 2019

LONDON Under-fire Neil Woodford leads a list of underperforming money managers two months after his flagship fund was frozen, triggering anger among investors and lawmakers.

Woodford tops list of UK All Companies fund laggards - report

10 Aug 2019

LONDON, Aug 10 Under-fire Neil Woodford leads a list of underperforming money managers two months after his flagship fund was frozen, triggering anger among investors and lawmakers.

Aviva first-half operating profit up 1%, reviews Asia business

08 Aug 2019

LONDON Britain's second largest insurer Aviva reported a forecast-beating 1% rise in first-half operating profit on Thursday, helped by a strong performance in its general business and announced a review of its Asian operations.

Corporate pension deals help lift L&G first-half operating profit by 11%

07 Aug 2019

LONDON British insurer Legal & General on Wednesday posted an 11% rise in first-half operating profit driven by an increase in corporate pension deals and inflows to its asset management unit.

UPDATE 2-Legal & General profits boosted by corporate pension deals

07 Aug 2019

* Interim dividend 4.93 pence vs 4.6 pence in H1, 2018 (Adds detail, quotes, background, share price down)

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