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Thursday 5 June 2025
Last Updated : GMT 09:40:38
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NALH

GE takes one-off hit of $6.2 bn linked to insurance activities

Themuslimchronicle, themuslimchronicleGE takes one-off hit of $6.2 bn linked to insurance activities292160/1069
Paris - Muslimchronicle
General Electric said Tuesday it would book a one-off charge of $6.2 billion  on its accounts for the fourth quarter of 2017, following a review of its insurance businesses. "GE announced today that the comprehensive review and reserve testing for GE Capital's run-off insurance portfolio, North American Life & Health (NALH), will result in an after-tax charge of $6.2 billionRead more

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