Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Willis Reports Q4, FY Earnings; Conference Call Today
Feb 7 2008 // Global broker Willis Group Holdings reported fourth quarter and full year revenues that were slightly less than those posted in 2006, even though gross revenues from commissions and fees were somewhat higher. Net income...
Endurance Posts $521 Million FY Net, Despite Q4 Drop; Conference Call Today
Feb 7 2008 // Bermuda’s Endurance Specialty Holdings Ltd. reported net income of $152.5 million and $2.18 per diluted common share for the fourth quarter of 2007, compared to $198.8 million and $2.70 per diluted common share in...
XL Confirms $1.06 Billion Q4 Loss; FY Net $360.4 Million; Conference Call Today
Feb 6 2008 // Bermuda’s XL Capital Ltd. reported a net loss to ordinary shareholders for the quarter ended December 31, 2007 of $1.06 billion, or $6.01 per ordinary share, compared with net income of $471.1 million, or net income...
ACE FY Net Up12% to $2.578 Billion Despite Q4 Losses; Conference Call Today
Feb 6 2008 // ACE Limited’s earnings report showed a 14 percent drop in fourth quarter net earnings to $572 million, down from $665 million in the same period of 2006. The Company posted Q4 investment losses of $134 million....
Aspen to Release Earnings Today; Conference Call Details
Feb 6 2008 // Aspen Insurance Holdings Limited will release its fourth quarter and year-end 2007 financial results today, Wednesday, February 6, 2008, following the closing of the U.S. markets. The Company will hold a conference call to...
Willis Set to Post Q4 Earnings; CEO to Speak Thursday
Feb 6 2008 // Willis Group Holdings Limited will release earnings for the fourth quarter ending December 31, 2007 after the market closes on Wednesday, February 6, 2008. Copies of the release will be available soon thereafter within the...
Endurance Q4 Earnings Announcement Today; Conference Call Thursday
Feb 6 2008 // Bermuda-based Endurance Specialty Holdings Ltd. will release its fourth quarter 2007 financial results today, Wednesday, February 6, 2008 after the close of the financial markets. On Thursday, February 7, 2008, Kenneth...
White Mountains Book Value Gains, as Income Drops
Feb 6 2008 // The Bermuda-based White Mountains Insurance Group (which includes OneBeacon, White Mountains Re and Esurance) announced that its “adjusted comprehensive net income for the fourth quarter of 2007 was $127 million...
RenaissanceRe Q4, FY Earnings Decline on Writedowns; Conference Call Today
Feb 6 2008 // Bermuda’s RenaissanceRe Holdings Ltd. reported $186.2 million in fourth quarter operating income, which excludes capital gains/losses, available to common shareholders, compared to $198.6 million in the fourth...
I.I.I.’s Hartwig: Texas P/C Market Profitable Along with Rest of U.S.
Feb 5 2008 // The last few years have been good ones for the property casualty insurance industry in terms of profitability. But it’s been a long time coming, according to Robert Hartwig, president of the Insurance Information...
PartnerRe Earnings Announcement Today; Conference Call Details
Feb 4 2008 // Bermuda-based PartnerRe Ltd. will announce its fourth quarter 2007 and full year results after the market close today, February 4, 2008. Senior management will conduct a dial-in conference call, which will include a...
AXIS Capital Earnings Announcement Today; Conference Call Details
Feb 4 2008 // Bermuda’s AXIS Capital Holdings Limited will announce its fourth quarter 2007 and full year results after the market close today, February 4, 2008. John Charman, CEO and President, and David Greenfield, CFO, will...
Commerce Insurance Reports Earnings Decline for 4Q, 2007
Feb 4 2008 // The Commerce Group, Inc. reported 2007 fourth quarter net earnings were $19.6 million, or $0.32 per diluted share, compared to net earnings of $59.4 million or $0.87 per diluted share for 2006. Commerce is in the process...
Everest Re Earnings Report – $839 Million Full Year Net Income
Feb 4 2008 // The Bermuda-based Everest Re Group, Ltd. reported fourth quarter 2007 after-tax operating income, which excludes realized capital gains and losses, of $63.2 million, or $1.00 per diluted share, compared to after-tax...
Meadowbrook Acquires Remaining Earnings from U.S. Speciality Underwriters
Feb 4 2008 // Southfield, Mich-based Meadowbrook Insurance Group, Inc. announced today its termination of the Management Agreement associated with its acquisition of the business of U.S. Specialty Underwriters, Inc. (USS). As previously...
N.Y. Agents and Insurers Laud Workers’ Comp Loss Cost Rating Bill
Feb 1 2008 // New York State agents and insurers praised the passage late last month of a key workers compensation reform that will extend the rate-making authority of the New York Compensation Insurance Rating Board, and move the...
Allstate 4Q Profit Falls 37% as Calif. Wildfire Losses Top $300M
Jan 31 2008 // Hit by an increase in catastrophe losses, Northbrook, Ill.-based insurer Allstate Corp. saw its profit drop by more than 37 percent in the fourth quarter of 2007 compared to the same period in 2006. The fourth quarter net...
Nev. Casino Fire Losses Could Have Hit $75 Million, Say Risk Analysts
Jan 31 2008 // The fire that blazed through the top of the Monte Carlo Hotel in Las Vegas last Friday could have been far more damaging had it started elsewhere in the building and not been contained so quickly, according to analysts at...
Everest Re to Announce Q4 Earnings Today; Conference Call Details
Jan 30 2008 // The Bermuda-based Everest Re Group, Ltd. will release its Fourth Quarter 2007 earnings after the close of trading on the NYSE today, January 30, 2008. The Company will hold a conference call discussing the results at 8:30...
Munich Re Expects $5.77 Billion 2007 Profit
Jan 30 2008 // The Munich Re Group announced that it expects a record profit for 2007 of €3.9 billion ($5.77 billion) on the basis of preliminary figures. The amount exceeds the profit guidance of €3.5-3.8 billion ($5.18 to $5.62...
