Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Allied World Sets Q3 Earnings Announcement; Conference Call
Nov 3 2006 // Bermuda-based Allied World Assurance Company Holdings, Ltd. will release its financial results for the third quarter ended September 30, 2006 on Wednesday, November 8, 2006, after the market closes. Scott Carmilani,...
Ind. Baldwin & Lyons Hold 3rd Quarter Earnings Call Today
Nov 2 2006 // Baldwin & Lyons, Inc, today announced that management has scheduled its quarterly conference call today, Thursday, Nov. 2, 2006 at 11:00 a.m. (ET) to discuss results for the third quarter ending Sept. 30, 2006....
Health Care Costs Rise Faster Than Income in Texas, Report Says
Nov 2 2006 // Health care premiums in Texas rose nearly 71/2 times faster than working families’ incomes over the past six years, according to a report released Oct. 30 by a consumer health advocacy group. Families USA of...
RenRe Posts Q3 Operating Income of $247 Million
Nov 1 2006 // Bermuda’s RenaissanceRe Holdings Ltd. reported $247 million in third quarter operating income – which excludes capital gains and losses – available to common shareholders compared to a $292.5 million...
Marsh Revenue, Profit Up in 3d Quarter; Expenses Down
Nov 1 2006 // Marsh & McLennan Companies, Inc. reported consolidated revenues for the third quarter were $2.9 billion, an increase of 4 percent from the 2005 third quarter. Consolidated net income more than doubled to $176 million...
MacDonald Retained by Allianz of America for Retired Income Market
Nov 1 2006 // Robert W. MacDonald, founder and chief executive of Minneapolis-based LifeUSA and retired chairman and CEO of Allianz Life Insurance Company of North America, through his consulting firm CTW Consulting, has been hired by...
Best Issues Special Report on Canadian Auto Insurance Industry
Oct 31 2006 // “During the past 10 years, the Canadian automobile insurance industry’s underwriting results have changed dramatically as reflected by the significant variations in the direct loss ratio,” concludes a...
AXIS Q3 Net Income $226.2 Million
Oct 31 2006 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders of $226.2 million, or $1.37 per diluted common share for the quarter ended September 30, 2006, compared with a net loss of...
Safeco Reports Net Income of $101.1 Million in Third Quarter
Oct 31 2006 // Seattle-based afeco has reported its third-quarter results. The company produced record net income for third-quarter 2006 of $255.7 million, or $2.20 per diluted share. This compares with net income of $101.1 million, or...
Hanover: Big 3d Quarter Improvement, Despite Katrina Charge
Oct 31 2006 // The Hanover Insurance Group, Inc. reported net income for the third quarter of $33.4 million, or $0.65 per share, compared to a net loss of $562.4 million, or $10.51 per share, in the third quarter of last year. The...
Minn. Western National Announces 3rd Quarter Results
Oct 30 2006 // Western National Insurance Group today announced their 2006 financial results through Sept. 30, 2006. The Group results now include the Farmers Home Mutual group of companies due to the completion of that transaction in...
Arch Posts $185.5 Million Q3 Net Income
Oct 30 2006 // The Bermuda-based Arch Capital Group Ltd. reported net income available to common shareholders of $185.8 million, or $2.44 per share, for the third quarter of 2006, compared to a net loss of $86.3 million, or $1.15 per...
The Hartford’s Net Income Jumps 41% for Third Quarter
Oct 30 2006 // The Hartford Financial Services Group, Inc. reported record third quarter 2006 net income of $758 million, or $2.39 per diluted share — a sizable 41 percent boost over the same quarter last year. The Hartford’s...
Apex, N.C. Fire Chief Predicted Heavy Loss From Chemical Fire
Oct 27 2006 // Apex’s fire chief told a North Carolina state task force this week that he was prepared to lose an entire city block when a chemical fire ignited an industrial waste recycling plant earlier this month because he...
Willis Posts $89 Million Q3 Net Income
Oct 27 2006 // Global broker Willis Group Holdings Limited reported net income for the quarter ended September 30, 2006 of $89 million, or $0.56 per diluted share, compared with net income of $45 million, or $0.28 per diluted share, a...
Montpelier Re Holdings Q3 Net Income $110 Million
Oct 27 2006 // Bermuda-based Montpelier Re Holdings Ltd. reported comprehensive (overall net) income for the quarter ended September 30, 2006 of $110 million, or $1.13 per diluted common share. Net income excluding net realized...
Endurance Speciality Reports $128.2 Million Q3 Net Income
Oct 27 2006 // Bermuda’s Endurance Specialty Holdings Ltd. reported net income of $128.2 million and $1.74 per diluted common share for the third quarter of 2006 versus a net loss of $377 million and $6.26 per diluted common share...
Third Quarter Earnings Drop Slightly at Commerce Group
Oct 27 2006 // The Commerce Group, Inc. reported 2006 third quarter net earnings were $56.5 million, or $0.83 per diluted share, compared to net earnings of $59.8 million or $0.88 per diluted share for 2005. Included in the 2006 third...
Profits Surge at Chubb; Professional Liability Continues Improvement
Oct 27 2006 // The Chubb Corp. reported that net income in the third quarter of 2006 was $604 million, or $1.43 per share, compared to $246 million, or $0.60 per share, in the third quarter of 2005. Operating income increased to $579...
Fewer Hurricanes Allow St. Paul Travelers 3rd Quarter Profit to Soar
Oct 27 2006 // Minneapolis-based St. Paul Travelers Cos. Inc. reported a six-fold increase in earnings and raised its guidance for the full year after clearing the third quarter without significant hurricane losses. Insurers struggled...
