Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
A.M. Best: Outlook Stable for Oklahoma Farm Bureau Mutual
Feb 11 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B- (Fair) and the issuer credit ratings of “bb-” of the members of Oklahoma Farm Bureau Group: Oklahoma...
MAPFRE Net Income Rises 6.9% on Rebound in Spanish Business
Feb 11 2015 // MAPFRE SA, Spain’s biggest insurer, recorded a 6.9 percent rise in net income last year on higher returns in its home market. Net profit grew to 845 million euros ($956 million) from 790.5 million euros a year...
Arch Reports Q4 Net Income of $209.7 Million; $812.4 Million for 2014
Feb 11 2015 // Arch Capital Group Ltd., a Bermuda-based insurance and reinsurance company, reports that net income available to Arch common shareholders for the 2014 fourth quarter was $209.7 million, or $1.60 per share, compared to...
ING Rises on Plan to Resume Dividend as Profit Misses Q4 Estimates
Feb 11 2015 // ING Groep NV rose in Amsterdam trading after the lender said it will pay a dividend for the first time in almost seven years even as profit from its banking activities fell missing fourth-quarter estimates. ING rose as...
P/C-Focused Hartford Sees Profit Rise 22% in Q4
Feb 10 2015 // Hartford Financial Services Group Inc., the insurer that sold life units to focus on property/casualty coverage, said fourth-quarter profit rose 22 percent as sales climbed at its main unit and margins improved. Net income...
Argo Reports Q4 Net Income of $59.7 Million; $183.2 Million for Full Year
Feb 10 2015 // Bermuda-based Argo Group International Holdings Ltd., the underwriter of specialty insurance and reinsurance products, reported net income for the year ended December 31, 2014 of $183.2 million or $6.90 per diluted share,...
Montpelier Re Posts $49 Million Q4 Net Income; $210.6 Million Full Year
Feb 10 2015 // Bermuda-based Montpelier Re Holdings Ltd. has reported its financial results for the fourth quarter and year ended December 31, 2014. Net income available to common shareholders was $48.8 million in the fourth quarter of...
Catlin Boosts Full-Year Profit and Dividend Ahead of Investor Vote on XL
Feb 10 2015 // Catlin Group Ltd., the Lloyd’s of London insurer being bought by XL Group plc, reported a 13 percent rise in full-year pretax profit as it increased its payout to shareholders. Pretax profit was $488 million in the...
Aon Reports $3.3 Billion Q4 Total Revenue; $12 Billion FY
Feb 9 2015 // Aon has reported fourth quarter total revenue of $3.3 billion, and $12 billion for the full year. Other highlights for the fourth quarter include the following: – Organic revenue growth of 6 percent – Operating...
Circle of Diversity Serving Nonprofits and Social Services
Feb 9 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...
P/C Insurers’ Surplus Rose, Profit Fell in 2014’s First 9 Months
Feb 9 2015 // The first nine months of 2014 saw policyholders’ surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and overall...
Hanover Insurance Group Q4 Profit Rises 28%
Feb 6 2015 // The Hanover Insurance Group Inc. in Worcester, Massachusetts, reported $89.9 million net income for the 2014 fourth quarter, a 28 percent rise from $70.1 million income during the 2013 fourth quarter. The net income also...
W.R. Berkley Reports Q4 Premium Growth, Net Income Drop
Feb 6 2015 // W.R. Berkley Corp. reported a stellar fourth-quarter in terms of premium growth, but net income dipped at year-end due in part to investment return challenges. Berkley’s 2014 Q4 net income is booked at $110.7 million...
Aspen Reports Q4 After-Tax Net Income of $67.2 Million
Feb 6 2015 // Bermuda-headquartered Aspen Insurance Holdings Limited reported net income after tax of $67.2 million, or $0.90 diluted net income per share, for the fourth quarter of 2014. This compares to net income after tax of $90.0...
Everest Re Group Reports $340.1 Million Q4 Net Income; $1.2 Billion for Year
Feb 5 2015 // Bermuda-based Everest Re Group Ltd. reported fourth quarter 2014 net income available to common shareholders of $340.1 million, or $7.47 per diluted common share, compared to net income of $364.6 million, or $7.54 per...
PartnerRe Reports Q4 Net Income of $262.7 Million; $998.2 Million for Year
Feb 5 2015 // PartnerRe Ltd. reported net income of $262.7 million, or $5.26 per share for the fourth quarter of 2014. This includes net after-tax realized and unrealized gains on investments of $82.1 million, or $1.64 per share. Net...
Canadian Insurer Intact Q4 Profit Nearly Doubles to US$164.8 Million
Feb 5 2015 // Intact Financial Corp, Canada’s largest property and casualty insurer, reported a near-doubling in quarterly profit, boosted by strong growth in underwriting income. The company’s net income rose to C$205...
Munich Re Raises Dividend Even After 4th Quarter Profit Declines 42%
Feb 5 2015 // Munich Re, the world’s biggest reinsurer, plans to raise its dividend even after fourth-quarter profit declined 42 percent on investments and goodwill impairments. Net income fell to about 700 million euros ($794...
AXIS Capital Reports Q4 Operating Income of $120 Million, $563 Million for 2014
Feb 4 2015 // AXIS Capital Holdings Limited reported a net income available to common shareholders for the fourth quarter of 2014 of $164 million, or $1.60 per diluted common share, compared with net income of $172 million, or $1.52 per...
XL Group Reports $293.9 Million Q4 Net Income; $999.2 Million for 2014
Feb 3 2015 // XL Group plc reported its fourth quarter and full year 2014 results. Highlights include: Operating net income of $293.9 million, or $1.12 per share, for the fourth quarter of 2014, compared with $286.9 million for the same...
