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Assurant has launched a device trade-in service in partnership with Lloyds Banking Group, enhancing customer experience by allowing users to exchange their old devices for value. This initiative aims to streamline the process of upgrading technology while promoting sustainability.
BCV Group reported a net profit of CHF 441 million for 2024, with a stable operating income of CHF 1.16 billion and an increased dividend of CHF 4.40 per share. Total assets rose by 3% to CHF 60.6 billion, driven by an 8% growth in the mortgage business, while the common equity tier 1 ratio stands at a solid 16.8%. The Board of Directors will propose Sandra Hauser as a new member, succeeding Ingrid Deltenre, who is stepping down.
Banque cantonale vaudoise reported a net profit of 441 million francs for 2024, down from 469 million in 2023, amid a challenging interest rate environment. Operating revenues remained stable at 1.16 billion francs, while operating expenses rose by 3%. The canton of Vaud will receive 286 million francs in redistributions, including 254 million in dividends.
The Canton of Vaud will receive CHF 286 million for the 2024 financial year, including CHF 254 million in dividends. Despite a decline in profits, the Board of Directors will propose a dividend increase to CHF 4.40 per share at the upcoming Annual General Meeting. Ingrid Deltenre will resign from the Board, with Sandra Hauser proposed as her successor, bringing extensive experience in technology and finance. BCV reported stable revenues of CHF 1.16 billion, with net profit at CHF 441 million, marking the second-best results in its history.
Banque cantonale vaudoise reported a net profit of CHF 441 million for 2024, down from CHF 469 million in 2023, amid a challenging interest rate environment. Operating revenues remained stable at CHF 1.16 billion, while operating income fell by 5% to CHF 515 million. The bank plans to increase its dividend by 10 centimes to CHF 4.40 per share.
Banque cantonale vaudoise reported a net profit of 441 million Swiss francs for 2024, down from 469 million the previous year, attributed to a challenging interest rate environment. Operating revenues remained stable at 1.16 billion francs, while operating income fell by 5% to 515 million. The bank plans to increase its dividend by 10 centimes to CHF 4.40 per share, and assets under management rose by 6% to 124.2 billion francs.
Assurant, Inc. is a life insurance group primarily engaged in three areas: credit insurance, which accounts for 78.4% of sales, includes life, disability, and unemployment insurance; specialty property insurance at 21.5% focuses on credit-financed homeowners and manufactured home insurance; and other activities make up 0.1%. UBS has reiterated its Buy recommendation for the company.
Assurant, Inc. is a life insurance group primarily engaged in three areas: credit insurance, which accounts for 78.4% of sales, includes life, disability, and unemployment insurance; specialty property insurance at 21.5% focuses on credit-financed homeowners and manufactured home insurance; and other activities make up 0.1%. UBS has reiterated its Buy recommendation for the company.
Assurant, Inc.
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assurant launches device trade-in service with lloyds banking group
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