Im Caroline Hyde. As we were just saying, we are getting breaking numbers from allianz. Just to run you through some of the numbers, the outlook is confirmed on the upper end of the range. This is the number one european insurer, confirmed its fouryear forecast. Of 2e getting net income billion euros, ahead of analyst estimates. The operating profit came in at 2. 84 billion. We are looking at property and Casualty Insurance at 11. 8 billion euros. We will get much more on these breaking numbers with hans nichols. It looks as though the insurance side of things, hans, is missing a combined ratio, that we are seeing better than expected numbers from a revenue perspective. Hans yeah. This that income is a big beat. It is coming in north of 2 billion euros. On that front it is a big beat. When you look at whats happening in insurance, there havent been many natural asasters, so they could have little upside, although it looks like the insurance number is down on the property and casualty.
Saturday at 10 a. M. Eastern on cspan2s booktv. Earlier today fema officials briebriefed the media on condits in texas and the federal governments response to hurricane party. Ok, good morning, everyone. Thank you for being here, especially so early in the morning for some of you. This morning were going to provide an update on the federal support state, local, and tribal officials for response efforts in both texas and louisiana in the aftermath of hurricane, now Tropical Storm harvey. Our speakers the sprinkler the acting sect of Homeland Security elaine duke, the federal Emergency Management Agency Administrator brock long, the National Weather service director, and also joining to take questions will be the commandant of the u. S. Coast guard. And the secretary of health and Human Services price. Again, the first three speakers will provide opening remarks and then will open up to questions it to select you in advance administrator law will be immediately heading from here to make
Tropical storm harvey. Our speakers include the acting secretary of homeland security, the federal Emergency Management administrator, the National Service director, and also joining to take questions will be representative from the u. S. Coast guard and the secretary of health and human services. Again, the first three speakers will provide opening remarks and then we will open up to your questions. Just to let you know, in advance the administrator will be heading immediately from here to make his way down to texas so we should end promptly at 745 to allow him to get to his airplane to make it down to texas. With that, i will bring out our speaker. Thank you. Good morning everyone. Thank you for joining us at fema headquarters, home of the National Response coronation center. I know everyone in this room on this team has been moved by the images and stories of people suffering in texas. We want to make sure you all know we are working to provide assistance as quickly as we can. Right
Agency, acting Homeland Security and health and Human Service briefed reporters on hurricane harvey. This is about 30 minutes. Good morning everyone. Thank you for being here. Especially so early in the morning for some of you. This morning were going to provide update on the federal support to state local and tribal officials for response efforts in both texas and louisiana in the aftermath of hurricane now Tropical Storm harvey. Our speaker including acting secretary Homeland Security elaine duke. The federal Emergency Management agency administrator, brock long. The National Weather Service Director louie. And also joining to take questions will be the confidant of the u. S. Coast guard. And the health and Human Services price. Again, the first three speakers will provide opening remarks. Then well open up to your questions. Just to let you know in advance administrator will be immediately heading from here to make his way down to texas. We should end promptly 7 45 to allow him to g
Follows the release of the white paper from his Firm Yesterday on Procter Gamble in which they have a 3. 5 billion stake. Lets see if we had set up for what appears to be a lower open at this point. The broader averages down ever so slightly. Things were mixed to a certain extent some what mixed action there as for euro zone indices, they have been done and you can see again mixed because i like to add germanys dax is up ever so slightly the ten year note yield has been the story for the entire week and it still is at 2. 05. Of course pressuring equities when you think about the financials theres wti and brent. Lets get to our road map this morning. It does start with that hurricane. Hurricane irma bearing down on florida and government Officials Say it will devastate the United States. Plus that massive data breach equifax reporting a cyberattack potentially compromised the personal data for nearly half of all american adults. And nelson peltz unveils his plans to shake up Procter Gam