Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Allied World Reports $123 Million Q2 Net; Conference Call Today
Aug 8 2007 // Bermuda-based Allied World Assurance Company Holdings, Ltd. reported net income of $123.3 million, or $1.96 per diluted share, for the second quarter of 2007, compared to net income of $102.4 million, or $2.02 per diluted...
Best, S&P Lower Conseco’s Ratings as Run-off Losses Continue
Aug 8 2007 // A.M. Best Co. and Standard & Poor’s Ratings Services have both lowered their respective ratings on Conseco Inc., following the Company’s announcement of further losses in its Conseco Senior Health...
R&SA Posts $482 Million H1 Profit Despite UK Flood Claims
Aug 8 2007 // The UK’s Royal & SunAlliance enjoyed a prosperous first half of 2007, despite the costly flood losses that hit the UK in June and July. After tax profits for the period were £237 million ($482 million) only...
For 2Q, AIG Profit Jumps 34%
Aug 8 2007 // American International Group, Inc. reports that its net income for the second quarter of 2007 was $4.28 billion or $1.64 per diluted share, compared to $3.19 billion or $1.21 per diluted share in the second quarter of...
Flagstone Re Earnings Call Thursday
Aug 7 2007 // Bermuda’s Flagstone Reinsurance Holdings Limited will hold an investment community conference call on Thursday, August 9, 2007, at 9:30 a.m. EDT to discuss the company’s second-quarter 2007 financial results...
Marsh Revenue Up 2% in 2d Quarter
Aug 7 2007 // Marsh & McLennan Companies, Inc. (MMC) reported that for this year’s second quarter consolidated revenue was $2.8 billion, up 7 percent from the second quarter of 2006, or 4 percent on an underlying basis. Its...
Q2 Net Income, Premiums Down at Safety Insurance Group
Aug 6 2007 // Safety Insurance Group, Inc. reported that its second quarter net income was $22.9 million, or $1.42 per diluted share, compared to $29.1 million, or $1.81 per diluted share, for the comparable 2006 period. Net income for...
Lloyd’s America’s Baker: Time for action on climate change is now
Aug 6 2007 // For an insurer, understanding climate change is a matter of understanding trends in risk and changes in those trends. For Wendy Baker, president of Lloyd’s Amer-ica Inc., staying on top of those trends in the United...
Insurance credit scoring: 21st century redlining and the end of insurance
Aug 6 2007 // You’ve just been laid off from your job. Or your daughter has a major medical problem that your health insurance (if you have any) doesn’t fully cover. Or you’ve just gotten a divorce. These three life...
Insurance credit scoring: 21st century redlining and the end of insurance
Aug 6 2007 // You’ve just been laid off from your job. Or your daughter has a major medical problem that your health insurance (if you have any) doesn’t fully cover. Or you’ve just gotten a divorce. These three life...
Insurance credit scoring: 21st century redlining and the end of insurance
Aug 6 2007 // You’ve just been laid off from your job. Or your daughter has a major medical problem that your health insurance (if you have any) doesn’t fully cover. Or you’ve just gotten a divorce. These three life...
Insurance credit scoring: 21st century redlining and the end of insurance
Aug 6 2007 // You’ve just been laid off from your job. Or your daughter has a major medical problem that your health insurance (if you have any) doesn’t fully cover. Or you’ve just gotten a divorce. These three life...
RenRe Reports $193.7 Million Q2 Net
Aug 2 2007 // Bermuda-based RenaissanceRe Holdings Ltd. posted $193.741 million after tax income for the second quarter of 2007. Net income available to common shareholders was $183.166 million or $2.53 per diluted common share in the...
Endurance Posts $135.3 Million Q2 Net
Aug 2 2007 // Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $135.3 million and $1.85 per diluted common share for the second quarter of 2007 versus net income of $64.1 million and $0.85 per diluted common share...
Zurich Estimates UK June Flood Losses at $400 million
Aug 2 2007 // Zurich Financial Services Group announced that, according to its current “best estimate,” it expects that aggregate claims payments related to storms and floods that occurred in the UK during June 2007 will not...
Specialty Lines, Investment Results Highlight OneBeacon 2d Quarter
Aug 2 2007 // OneBeacon Insurance Group, Ltd. reported adjusted book value per share of $18.21, an increase of 8.3% through June 30, 2007 and 3.7% for the second quarter, including dividends. For the 12 months ended June 30, 2007,...
Fla.: FPIC Insurance Group Reports Second Quarter 2007 Results
Aug 2 2007 // Jacksonville, Fla.-based FPIC Insurance Group Inc., reported for the second quarter of 2007. Income from continuing operations of $10.1 million, or $1.01 per diluted common share is up from $7.1 million, or $0.66 per...
Net Income Up 8% for Willis in 2d Quarter
Aug 2 2007 // Willis Group Holdings Limited (NYSE: WSH), the global insurance broker, today reported results for the quarter and six months ended June 30, 2007, including net income of $78 million compared to $72 million a year ago, an...
Employers Holdings To Report Q2 Earnings
Aug 1 2007 // Reno, Nev.-based Employers Holdings Inc., a provider of workers’ compensation insurance to small, U.S. businesses, will review the company’s second quarter 2007 financial results, operating results and other...
JLT Posts $104.4 Million H1 Profit
Aug 1 2007 // The UK’s Jardine Lloyd Thompson Group plc announced good results for the six months ended June 30, 2007, notably a 12.4 percent rise in “underlying profit before tax” of £51.1 million ($104.4...
