Fortis’ insurance business shows profit as group posts €28bn loss

"Fortis has reported that its insurance business posted a net profit of €6 million in 2008, with earnings generated entirely by the group’s Belgium business, which had to accommodate a €534 million loss on its investment portfolio during the year.
Activity across Fortis Insurance International’s other businesses achieved “break-even”.
However, the troubled group, which became a [...]" (2009-3-31)
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