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 10 June 2010 |
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| The positive performance and better than expected results and profits registered by the Malta operations of Middlesea Group in 2009 were not enough to compensate for the write off of the full investment in the Italian subsidiary Progress Assicurazioni SpA. This was reported by Mr Joseph F.X. Zahra, Non Executive Chairman of Middlesea Insurance plc since the beginning of the year 2010, during the 29th Annual General Meeting of the shareholders of Middlesea Insurance plc held on Wednesday 9 June 2010. “Whereas the domestic operations of the Group reported a more than satisfactory profit of €8.7 million, representing a significant improvement over previous year losses of €3million, i.e. an improvement of €11 million, the full write off of €63 million taken on the investment in Progress Assicurazioni SpA, means that the overall Group loss for the year amounts to €55 million”. |
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04 June 2010 |
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| On the occasion of the first European Obesity day marked on the 22nd May 2010, Middlesea Insurance organized a Health seminar on the subject which was well attended by members of the public. The guest speaker for this event was Heart Surgeon Mr Alex Manche’ |
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01 June 2010 |
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| Middlesea Insurance has upgraded its travel insurance plans to include optional cover for expenses incurred following cancellation of a trip by air or sea caused by extreme weather conditions or a natural catastrophe |
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17 May 2010 |
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| Middlesea Insurance plc announced that during the first quarter of the current financial year the (unaudited) operating profits of Middlesea Insurance plc and of its associate company Middlesea Valletta Life Assurance Co Ltd (MSV) have been satisfactory. The Group registered a profit before taxation of €2.8 million for the period, as compared to a loss of €5.3 million during the first quarter of the previous year. |
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14 May 2010 |
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| Middlesea Insurance plc has announced that the lucky winner of the first 42” LCD TV is Maria Laferla. Miss Laferla took part in the ongoing Middlesea Motor Insurance Competition by renewing her Motor insurance policy. |
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27 April 2010 |
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| As expected, the financial statements for the Middlesea Group for the year ended 31st December 2009 do not make pleasant reading. Whereas the domestic operations of the Group reported a more than satisfactory profit of €8.7 million, representing a significant improvement over previous year losses of €2.98million, the full write off of €63 million taken on the investment in Progress Assicurazioni SpA, means that the overall Group loss for the year amounts to €55 million. |
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27 April 2010 |
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| The following is a Company Announcement issued by Middlesea Insurance p.l.c., pursuant to Malta Financial Services Authority Listing Rules Chapters 8 and 9: |
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05 April 2010 |
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| The following is a Company Announcement issued by Middlesea Insurance p.l.c., pursuant to the Listing Rules of the Malta Financial Services Authority. |
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23 March 2010 |
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| Middlesea Insurance plc recently reaffirmed its commitment towards the Malta Red Cross Society by sponsoring the purchase of new equipment for the ambulances. The funds donated will be utilised to buy radio and first aid equipment as well as spinal boards. |
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18 March 2010 |
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| During a breakfast meeting organised by Middlesea Insurance plc, Mr Joseph F.X Zahra, Chairman of the company, expressed his vision for the organisation, that is, of setting a standard of quality and excellence whilst ensuring that the highest level of customer service and professionalism be maintained throughout. |
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18 March 2010 |
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| Three members of staff of Middlesea Insurance p.l.c and its subsidiary, International Insurance Management Services Ltd (IIMS), recently obtained professional qualifications in their respective fields. |
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17 March 2010 |
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| Company Announcement pursuant to the Listing Rules of the Malta Financial Services Authority |
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16 March 2010 |
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| Middlesea Insurance p.l.c. held its Extraordinary General Meeting (EGM) at the Hilton Conference Centre on Tuesday 16 March 2010. |
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12 March 2010 |
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| Middlesea Group recently organised a blood donation day during which its employees as well as Floriana residents donated blood at the Blood Donation Mobile Unit stationed in front of the Middlesea premises in Floriana. |
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05 March 2010 |
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| Middlesea Insurance plc, Laferla Insurance Agency Limited and Saint James hospital have concluded an agreement which enables a smooth procedure of acceptance and discharge of insured patients. |
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11 February 2010 |
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| The Board of Directors of Middlesea Insurance plc refers to the Company Announcement of the 11 January 2010, in which it was stated that preliminary unaudited data for the fourth quarter of 2009 relating to the Italian subsidiary Progress Assicurazioni SpA indicated a marked deterioration in claims experience during the period. |
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06 January 2010 |
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| Following the press release issued on the 30 December 2009 in respect of the appointment of Mr Joseph F. X. Zahra as non-executive Chairman designate the Board of Directors of Middlesea Insurance plc wishes to announce that the following appointments within the company have been proposed and/or confirmed and that the said appointments are subject to Regulatory approval. |
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30 December 2009 |
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| The Board of Directors has been informed by Mr Mario C. Grech, the Executive Chairman, that after careful consideration, following the expiry of his current contract on 31 December 2009, he will not be renewing his Executive position within the company. Mr Grech said ‘I retire from Middlesea with nothing but goodwill for the Group and its future’. |
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16 December 2009 |
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| The following is a Company Announcement issued by Middlesea Insurance plc (the “Issuer”) pursuant to Malta Financial Services Authority Listing Rules 8.7 and 4.12 et seq |
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20 November 2009 |
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| Middlesea Insurance p.l.c. held its Extraordinary General Meeting (EGM) at the Portomaso Suite at the Malta Hilton on Friday 20 November 2009. |
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23 October 2009 |
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| Middlesea Insurance plc has announced that between October 2009
and December 2010, customers who renew their private motor
Insurance can win free fuel vouchers as well as LCD Tv’s. |
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26 August 2009 |
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| Italian subsidiary outweighs Middlesea’s profitable local operations. |
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26 June 2009 |
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| Middlesea Insurance p.l.c. held its Twenty Eighth Annual General Meeting (AGM) at the Hilton Conference Centre on Friday 26 June 2009. |
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08 May 2009 |
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| The ceramic artist, George Muscat has donated one of his outstanding works of art entitled ‘Memories of Blue’ to Middlesea Group, following the company’s recent sponsorship of his exhibition “Changing Metaphors in Clay.” |
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28 April 2009 |
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| The crisis in the world financial markets and the performance of the Italian subsidiary were the factors which broke the 27 year history of positive financial results for the Middlesea Group. The Group registered a loss after taxation of €20.6m for the financial year ended 31st December 2008 as compared to a profit of €6.9m in 2007. |
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27 March 2009 |
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| Around 40 ceramic artworks by acclaimed artist George Muscat will be displayed at the Middle sea House in Floriana, in an exhibition titled “Changing Metaphors in Clay,” from March 27 to April 9. |
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23 December 2008 |
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| The Middlesea Group p.l.c spread some extra Christmas cheer through a financial contribution to the Community Chest Fund and Caritas. |
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10 December 2008 |
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| As part of its corporate social responsibility commitment, the health division within Middlesea Insurance p.l.c. organised “Matters of the Heart,” an informative talk about heart health, given by Professor Albert Fenech, Chairperson of the Cardiology Department at Mater Dei Hospital. |
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28 November 2008 |
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| Middlesea Insurance plc through an initiative of the Middlesea Health Division has signed a sponsorship agreement with the Malta Red Cross Society. The objective of this agreement is to provide areas of cooperation for the promotion of health and care to the Maltese public. |
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11 November 2008 |
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| Middlesea Insurance plc and St Philip’s Hospital have concluded an agreement which enables a smooth process of acceptance and discharge of insured patients. |
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10 September 2008 |
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| Middlesea Insurance plc has signed an Agreement with Arzt Partner Almeda AG in Germany for the provision of Second Medical Opinion Services to eligible persons insured under Middlesea Insurance health insurance schemes. ArztPartner is fully owned by DKV AG and is a full-service disease and case management provider based in Munich, Germany. DKV, is the largest private Health Insurance Company in Europe, and has a history of more than 70 years in engaging in private health insurance. With offices in 9 countries ArztPartner manages customers with over 23 million insured members. |
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14 September 2003 |
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| The Malta Environment and Planning Authority, Middlesea Group, the Education Division, Nature Trust (Malta), and the EkoSkola Coordinating Committee, have prepared an interactive Advent Calendar for primary school children in classes Year 1 to Year 6 to be distributed among schools. The calendar features various environmental messages aimed at increasing the child's sense of responsibility towards the environment, as well as a series of outline drawings of interest to the primary age group. |
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10 June 2003 |
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| Middlesea Insurance p.l.c. held its Twenty Second Annual General Meeting at the SAS Radisson Bay Point Resort, St Julian's on Wednesday, 11 June 2003. |
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11 August 2008 |
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| The positive technical results registered by the Middlesea Group as at 30 June 2008 were outweighed by the significant unfavourable fair value movements experienced in the investment portfolios. |
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25 July 2008 |
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| Middlesea Insurance p.l.c. has sponsored the conservation of an oil painting depicting one of the fourteen Stations of the Cross (Via Dolorosa) situated in the Sacristy of Floriana Parish Church. |
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25 June 2008 |
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| Middlesea Insurance p.l.c. held its Twenty Seventh Annual General Meeting (AGM) at the Hilton Conference Centre on Wednesday 25 June 2008. |
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25 April 2008 |
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| The strong financial fundamentals and clear strategy of the Middlesea Group enabled it to register most encouraging results for the year 2007, notwithstanding various challenges including the high volatility in the international capital markets. |
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07 April 2008 |
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| Middlesea Insurance p.l.c. has launched its new range of Health Insurance Schemes. The new schemes are easier to understand, more flexible and offer potential customers a number of alternatives designed at various premium levels to suite all pockets. |
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02 April 2008 |
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| A group of Middlesea Group employees recently participated in corporate social responsibility (CSR) day held on Wednesday, 19th March 2008. CSR day is organised by a committee made up various organisations and this year saw the participation of 350 employees from leading organisations which included Deloitte, Gasan Group of Companies, Mizzi Group, HSBC Malta, M. Demajo Group, Middlesea Group, Simonds Farsons Cisk plc and the Vodafone Malta Foundation. |
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14 March 2008 |
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| Middlesea Insurance p.l.c. launches new advertising campaign
Middlesea Insurance p.l.c. has launched a new advertising campaign focusing on the close and loyal relationship between the Company’s customers and the quality of its leading products. |
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31 January 2008 |
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| Middlesea Insurance p.l.c.’s website – www.middlesea.com has been granted Euro-Label accreditation, a trust mark awarded to trustworthy e-commerce sites worldwide. |
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17 August 2007 |
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| The Middlesea Group results for the first half year of 2007 have been positive, with profits before taxation amounting to Lm1.93million (€4.5m), reflecting an increase of 55% over the profits of Lm1.24 million (€2.89m) registered last year. |
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18 July 2007 |
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| His Grace the Archbishop Mgr Paul Cremona recently visited the Middlesea Group of Companies. |
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02 July 2007 |
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| Middlesea Insurance p.l.c. held its Twenty Sixth Annual General Meeting at the Hilton Conference Centre on Thursday, 28 June 2007. |
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26 April 2007 |
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| Middlesea Insurance p.l.c. (MSI) registered an operating profit before tax of Lm3.65 million (€8.5m) for the year ended 31 December 2006. Mr Mario C. Grech, Executive Chairman of the MSI Group observed that Middlesea’s previous year’s figures had been very favourably impacted by an exceptional net fair value movement in investments of Lm2.2 million (€5.1m), mainly as a result of a sharp rise in the value of domestic equities, against a loss of Lm0.17 million (€0.40m) in 2006.. The other item affecting the comparative results was the favourable run-off in incurred claims of Lm1.10 million (€2.56m) in 2005, compared to Lm0.37 million (€0.86m) in 2006. Other companies within the Group attained encouraging results, reflecting a strong and varied operational portfolio and the continued successful implementation of the Group’s strategy. |
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08 March 2007 |
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| Middlesea Insurance p.l.c. has launched a new advertising campaign for all its products. |
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05 February 2007 |
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| Middlesea Group has announced that following a restructuring exercise, a number of changes in the senior echelon of management have become effective. |
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25 January 2007 |
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| Middlesea Group, aware of the key role businesses play in the Euro changeover, has joined FAIR, a voluntary dual pricing system aimed at ensuring a smooth changeover to the Euro. |
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