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VidaCaixa increases by 66% its net profit in 1H16

VidaCaixa aumenta un 66% su beneficio neto en el primer semestre de 2016

Intel ID : 239222
Synopsis

VidaCaixa, a Spain-based insurance company and subsidiary of CaixaBank (BME:CABK), registered a net profit of EUR 241.9m in 1H16, which entails a 66% increase compared to the same period of 2015, announced the company in a press release issued on 1 August 2016.

Specifically, the increase follows the good results of the savings and risk portfolios, particularly in the individual sector, as well as the securing of extraordinary profit from the active management of investments.
(content in spanish)

La aseguradora española VidaCaixa, filial de CaixaBank (BME: CABK), ha registrado un beneficio neto de EUR 241,9m en el primer semestre de 2016, lo que supone un aumento del 66% con respecto al mismo periodo del año anterior, según ha informado la propia compañía en una nota de prensa el 1 de agosto de 2016.

En concreto, este incremento se debe al buen comportamiento de las carteras de ahorro y riesgo, especialmente del segmento individual, además de la obtención de beneficios extraordinarios de la gestión activa de inversiones.

Relevant Documents

Target


Intel ID 239222
Value ND
Native Currency Euro (EUR)
Financial Data - VidaCaixa
(31 Dec 2014)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.04 Life & Health Insurance
25 Financial Services / 25.02 Insurance

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.