Argus Group, the parent organisation of Argus Insurance Agencies Ltd (AIAL), announced a net profit of $10.6 million (€8.95m) for the six months to September 30, 2014, declaring a dividend of seven cents per share. The group’s total assets increased to $2.1 billion (€1.77bn).
Argus, formerly Fogg Insurance Agencies Ltd, also revealed an increase in net premiums earned of 18 per cent, or $11.3 million (€9.54m), compared with the previous year.
Shareholders’ equity attributable to shareholders of the company also increased to $115.2 million (€97.28m), substantially in excess of the statutory capital required by the regulatory bodies to whom the Argus Group reports.
Honda HR-V wins top award
The Honda HR-V has won the coveted What Car? reader award and has been named as the most eagerly anticipated car launch of 2015.
Claiming a quarter of the 10,000 votes, the Honda HR-V clinched the top spot in the poll compiled by What Car? experts and voted for by readers. First unveiled at the Paris Motor Show at the start of October last year, the HR-V is Honda’s new entry into Europe’s fast-growing small SUV segment. Set to go on sale this summer, the HR-V uses a centre fuel tank location to maximise cabin roominess and has a unique exterior design which echoes that of a coupé.
Emirates has largest wide-body passenger plane fleet
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Emirates, the largest international airline, ended 2014 as the airline with the world’s largest wide-body passenger fleet of 218 airplanes and 14 freighters.
After two years in a row of record deliveries and capacity increases, 2014 saw Emirates adding 27 aircraft to its fleet. These included its 50th A380 and its 100th 777-300ER aircraft, strengthening Emirates’ position as the world’s largest operator of both the A380 and 777.
Since January 2014, Emirates has carried over 45 million passengers, operating 3,516 flights per week on average. The airline also added eight new destinations in 2014.