Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
PXRE to Announce Q1 Earnings Today; Holds Conference Call
May 9 2006 // The Bermuda-based PXRE Group Ltd., a provider of reinsurance products and services to a worldwide marketplace, will release its 2006 first quarter financial results after the market close today Tuesday, May 9, 2006. The...
Fremont Michigan InsuraCorp Sees Increased Profitability in Q1
May 9 2006 // Fremont Michigan InsuraCorp Inc. a Michigan-based provider of property and casualty insurance, announced first-quarter 2006 operating results including its wholly owned subsidiary, Fremont Insurance Company, highlighted by...
Agents Learn U.S. Insurers Withstood Record Catastrophe Losses with Strong Capitalization, Sound Risk Management
May 9 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, but the industry also should keep...
READY, SET………..RECALL!!!
May 8 2006 // Protecting the consumer is the number one priority in a product recall. The challenge is, can you do so without crippling your business? For large and small consumer goods manufacturers and distributors, recalls can cost...
Ready, Set … Recall!!!
May 8 2006 // Protecting the consumer is the number one priority in a product recall. The challenge is, can you do so without crippling your business? For consumer goods manufacturers and distributors, recalls can cost millions of...
Survey: Risk managers spent more on disaster preparedness, catastrophe management
May 8 2006 // Spending for loss control services increased or remained flat for a majority of organizations in the past year, and the greatest spending increases occurred in such areas as disaster preparedness and catastrophe...
INSURERS TO PAY $1.38 BILLION FOR Q1 LOSSES
May 8 2006 // U.S. property/casualty insurers are expected to pay an estimated $1.38 billion to homeowners and businesses in insured property losses from seven catastrophe events in first-quarter 2006, according to preliminary analysis...
Sound risk management, investment plus for insurers
May 8 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to Insurance Services Office (ISO) and the Property Casualty Insurers...
READY, SET..RECALL!!!
May 8 2006 // Protecting the consumer is the number one priority in a product recall. The challenge is, can you do so without crippling your business? For large and small consumer goods manufacturers and distributors, recalls can cost...
READY, SET … RECALL!!!
May 8 2006 // Protecting the consumer is the number one priority in a product recall. The challenge is, can you do so without crippling your business? For consumer goods manufacturers and distributors, recalls can cost millions of...
Berkshire Hathaway reports 70% jump in 1Q Earnings; Shareholders Meet in Omaha
May 7 2006 // Berkshire Hathaway Inc., billionaire Warren Buffett’s investment vehicle, reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses. Berkshire’s...
Berkshire Hathaway to Post Q1 Results
May 5 2006 // Berkshire Hathaway announced that it will post its first quarter interim results to shareholders today, Friday, May 5, 2006 at approximately 5:30 p.m. Central time. To access the report go to: www.berkshirehathaway.com....
Axis Posts $195.2 Million Q1 Net
May 5 2006 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the quarter ended March 31, 2006 of $195.2 million, or $1.19 per diluted common share, compared with $151.8 million, or...
Conseco Reports 2006 1st Quarter Results
May 5 2006 // Carmel, Ind. based Conseco, Inc. today reported results for the first quarter of 2006: According to the written statement issued by the company, the net operating income was $55.8 million (including after-tax expenses of...
Research Center to Unveil New Hurricane Loss Prediction Model
May 5 2006 // The first public model to project hurricane losses for the State of Florida has been completed by the International Hurricane Research Center in Miami, Fla. The new model already has produced excellent figures on Hurricane...
Marsh: First Quarter Shows Continued Bottom Line Improvement
May 4 2006 // In its first quarter 2006 financial report, Marsh & McLennan Companies, Inc., parent company of insurance broker Marsh, cited a slight (1%) decline in consolidated revenues to $3 billion, while posting a rise in net...
Willis Reports Q1 Revenue Stable at $671 Million; Conference Call Today
May 4 2006 // Global insurance broker Willis Group Holdings Limited reported a strong first quarter 2006, posting total revenues of $671 million, compared with $669 million for the same period last year. Willis said “the effect of...
Kingsway Q1 Net Income Falls to $28.9 Million on Investment Losses
May 4 2006 // Toronto-based truck and non-standard auto insurer Kingsway Financial Services Inc. announced its financial results (in U.S. dollars) for the first quarter ended March 31, 2006. Although net operating income increased by 11...
RenRe Posts $195.7 Million Q1 Operating Income; $179 Million Net
May 3 2006 // Bermuda-based RenaissanceRe Holdings Ltd. reported a record $195.7 million in first quarter operating income, which excludes investment gains/losses, available to common shareholders compared to $54.5 million in the first...
James River: 45% Jump in Premiums; Comp Loss; Call Today
May 3 2006 // James River Group, Inc. in Chapel Hill, N.C., announced financial results for the quarter ended March 31, including net income of $6.8 million compared to $4.6 million for the first quarter of 2005; an overall combined...
