earnings report News

W.R. Berkley’s Q3 Net Income Rises 37% to $189M

W.R. Berkley Corp. posted $188.54 million net income for its 2014 third quarter, a 37.7 percent increase from $136.97 million net income reported a year ago. The Greenwich, Connecticut-based insurer’s net premiums written for the third quarter were $1.525 billion, …

Donegal Group’s Q3 Net Income Rises 14% to $8.7M

Donegal Group Inc. in Marietta, Pennsylvania, today posted $8.749 million net income for the company’s 2014 third quarter, a 14.3 percent increase from $7.654 million net income one year ago. Total net premiums written for the third quarter were $147.840 …

Hanover Insurance’s Q2 Profit Jumps 55% to $82.6M

The Hanover Insurance Group Inc. in Worcester, Massachusetts, said Thursday its 2014 second quarter net profit rose to $82.6 million, a 54.7 percent increase from $53.4 million profit during last year’s second quarter. The second quarter operating income was $58.4 …

Selective Insurance’s Q2 Profit Rises 8% to $29M

Selective Insurance Group in Branchville, New Jersey, reported its 2014 second quarter net profit rose to $29.341 million, up 8.2 percent from $27.122 million profit during last year’s second quarter. Total net premiums written (NPW) for the second quarter rose …

Hartford’s Q2 Core Earnings Decline 38% to $144M; Net Loss Widens

The Hartford Financial Services Group said Wednesday its 2014 second quarter net loss widened to $467 million, compared to a net loss of $190 million during last year’s second quarter. The results were hit by $617 million of loss on …

Travelers Posts $683M Q2 Profit, Misses Estimates as Catastrophe Losses Rise

Property and casualty insurer Travelers Cos. Inc.’s quarterly earnings fell short of analysts’ estimates as hail and wind storms in the United States increased catastrophe losses. The company, a Dow Jones Industrial Average component, said net income fell to $683 …

Donegal Group’s Q2 Profit Declines 26% to $1.9M

Donegal Group Inc. in Marietta, Pennsylvania, today reported $1.94 million net income for its 2014 second quarter, a decline of 26 percent from $2.63 million net income posted during the 2013 second quarter. The insurer said its second quarter earnings …

Liberty Mutual’s 1Q Profit Declines 14.5% to $272M

Liberty Mutual Holding Co. Inc. reported $272 million net profit for its 2014 first quarter, a decline of $46 million or 14.5 percent from $318 million net profit reported during the same period in 2013. The Boston-based insurer saw higher …

Liberty Mutual Swings to Profit; 2013 Full-Year Income Rises 110% to $1.74B

Liberty Mutual Holding Company Inc. and its subsidiaries today reported net income of $496 million for its 2013 fourth quarter, improving from a net loss of $234 million during the prior-year fourth quarter. The insurer benefited from stronger revenues and …

MMC’s Marsh 4Q Revenue Jumps 4% to $1.4B

Marsh & McLennan Cos. reported $303 million in net income for its 2013 fourth quarter, up 17 percent from $259 million posted during the prior-year fourth quarter. The full year 2013 net income was $1.4 billion, up nearly 17 percent …