Axa, Ace Said in Advanced Talks to Buy HSBC Insurance Business
Axa SA, Europe’s second-biggest insurer, and Zurich-based Ace Ltd. are among final bidders for HSBC Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said.

Zurich: No material action yet to sell MCIS
KUALA LUMPUR: Zurich Insurance Company Ltd, having completed its acquisition of Malaysian Assurance Alliance Bhd (MAA) recently, will have to dispose of MCIS Zurich Bhd as Bank Negara Malaysia (BNM) prohibits foreign companies from owning more than one insurance company.

Axa Said to Be in Talks With Ace to Buy HSBC’s Non-Life Insurance Business
Axa SA (CS) , Europe ’s second-biggest insurer, and Zurich-based Ace Ltd. (ACE) are among final bidders for HSBC (HSBA) Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said.

ACE Reports Fourth Quarter 2011 Operating Income of $663 Million, Combined Ratio of 92.9% and Operating Return on ...
ACE Limited today reported net income for the quarter ended December 31, 2011, of $2.20 per share, compared with $2.92 per share for the same quarter last year; income excluding net realized gains was $1.94 per share, compared with $2.05 per share for the same quarter last year. Book value and tangible book value increased 3% and 4%, respectively, in the quarter.

Publicis Groupe: 2011 Annual Results
PARIS, February 9, 2012 /PRNewswire/ --2011 Annual Results(EUR million except EPS and dividend)Revenue                     5,816Published growth             +7.3%Organic growth               +5.7%New Business ...