S&P Global Ratings upgrades Crédit Agricole Assurances, its operating subsidiaries and subordinated debts by 1 notch
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SOXL, CAAA: Big ETF Outflows
ETF Outflows: The First Trust Commercial Mortgage Opportunities ETF experienced the largest outflow, losing 250,000 units, which is a 33.3% decline from the previous week.
Market Performance: In contrast, Proshares Ultra Semiconductors saw a positive performance with an increase of about 5.5% in morning trading.
Excellent performance across all our business lines
Financial Performance: Crédit Agricole Assurances reported a total revenue of €23.1 billion for H1 2024, marking an 11.2% increase year-on-year, with net income exceeding €1 billion for the first time, reflecting strong growth across all business lines.
Business Developments: The company launched new products including a socially responsible home insurance policy and experienced significant growth in savings and retirement inflows, driven by successful commercial campaigns and positive market conditions.
First Trust ETF Lineup Reaches 235 Funds with the Launch of Two Actively Managed Fixed Income Funds
Dynamic business in France - Very strong growth in earnings driven by life insurance
Pacifica, Property and Casualty insurance subsidiary of Crédit Agricole Assurances, successfully places its first Cat Bonds
S&P Global Ratings upgrades Crédit Agricole Assurances, its operating subsidiaries and subordinated debts by 1 notch
SOXL, CAAA: Big ETF Outflows
ETF Outflows: The First Trust Commercial Mortgage Opportunities ETF experienced the largest outflow, losing 250,000 units, which is a 33.3% decline from the previous week.
Market Performance: In contrast, Proshares Ultra Semiconductors saw a positive performance with an increase of about 5.5% in morning trading.
Excellent performance across all our business lines
Financial Performance: Crédit Agricole Assurances reported a total revenue of €23.1 billion for H1 2024, marking an 11.2% increase year-on-year, with net income exceeding €1 billion for the first time, reflecting strong growth across all business lines.
Business Developments: The company launched new products including a socially responsible home insurance policy and experienced significant growth in savings and retirement inflows, driven by successful commercial campaigns and positive market conditions.
First Trust ETF Lineup Reaches 235 Funds with the Launch of Two Actively Managed Fixed Income Funds
Dynamic business in France - Very strong growth in earnings driven by life insurance
Pacifica, Property and Casualty insurance subsidiary of Crédit Agricole Assurances, successfully places its first Cat Bonds
S&P Global Ratings upgrades Crédit Agricole Assurances, its operating subsidiaries and subordinated debts by 1 notch
