Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Fla. Insurance Council Describes Pending Legislation
Apr 27 2006 // The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of...
XL Q1 Net Income Reaches $458.5 Million; Conference Call Details
Apr 26 2006 // Bermuda’s XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended March 31, 2006 of $458.5 million, or $2.56 per ordinary share, compared with net income of $442.9 million, or...
ACE Posts $489 Million Q1 Net; to Host Conference Call
Apr 26 2006 // ACE Limited reported record net income for the first quarter ended March 31, 2006 of $489 million or $1.46 per common share after payment of preferred dividends, compared with net income of $437 million or $1.48 per share...
Montpelier Re to Release Q1 Results; Hold Conference Call
Apr 26 2006 // Bermuda-based Montpelier Re Holdings Ltd. expects to release its 2006 first quarter results tomorrow, Thursday, April 27th, 2006 after the market closes. Montpelier Re executives will conduct a conference call, including a...
Arch Capital to Post Q1 Results; Webcast Announcement
Apr 26 2006 // Bermuda’s Arch Capital Group Ltd. expects to release its 2006 first quarter results after the close of regular stock market hours tomorrow, Thursday, April 27, 2006. The Company will hold a conference call for...
Aspen to Release Q1 Results Today; Conference Call on April 27
Apr 26 2006 // Bermuda-based Aspen Insurance Holdings Limited will release its first quarter 2006 financial results today, Wednesday, April 26, 2006, following the closing of the U.S. markets. The Company will hold a conference call to...
Insured Losses to Top $100 Million in Texas Hail Storm
Apr 26 2006 // The hailstorm that struck Central Texas on April 21 is expected to exceed $100 million in insured losses, according to the Insurance Council of Texas. Baseball-size hail pounded the city of San Marcos smashing vehicles at...
Brown & Brown Announces 16.3% Increase in First Quarter Net Income
Apr 25 2006 // Brown & Brown Inc., with headquarters in Daytona Beach and Tampa, Fla. has announced new records for its net income and net income per share in the first quarter. Net income per share for the quarter ended March 31...
Everest Re Q1 Operating Income Falls 4.5% to $157.9 Million
Apr 25 2006 // The Bermuda-based Everest Re Group, Ltd. reported first quarter 2006 after-tax operating income, which excludes realized capital gains and losses, of $157.9 million, or $2.41 per diluted share, a 4.5 percent decrease...
Partner Re Posts 73.4% Q1 Net Income Gain to $193.2 Million
Apr 25 2006 // Bermuda’s PartnerRe Ltd. reported net income of $193.2 million, or $3.21 per share on a fully diluted basis, for the first quarter of 2006, a 73.4 percent rise. Net income includes net after-tax realized gains on...
Despite Weather, Donegal Group Reports Solid 1st Quarter
Apr 24 2006 // Donegal Group Inc. reported continued positive underwriting results and an increase in net income of 8.5 percent, bringing it to $9.1 million or $.36 per share, for the first quarter. That compared to $8,417,088, or $.34...
W.R. Berkley to Announce Q1 Earnings on April 24
Apr 21 2006 // W. R. Berkley Corporation announced that it will release its first quarter 2006 earnings after 5:00 p.m. ET on Monday, April 24, 2006. A copy of the earnings release will be available on the company’s website at...
Everest Re to Release Q1 Earnings April 24
Apr 21 2006 // The Bermuda-based Everest Re Group, Ltd. announced that it will release its First Quarter 2006 earnings after the close of trading on the NYSE on April 24, 2006. A conference call discussing the results will be held at...
Mercury General Corp. to Report First Quarter Results on May 8, 2006
Apr 20 2006 // Los Angeles-based Mercury General Corp. reported that on May 8, it will release results for its first quarter ended March 31, 2006. The CEO George Joseph and President, Gabriel Tirador, will host an investor conference...
Insurers Expected to Pay $1.38B for Q1 Cat Losses
Apr 20 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...
Ohio-Based The Midland Company Reports First Quarter Results
Apr 20 2006 // Cincinnati-based The Midland Company, a provider of specialty insurance products and services, announced record results for the first quarter ending March 31, 2006, according to a written statement issued this week. The...
RMS Estimates Repeat of 1906 San Francisco Quake Would Cause $50 Billion to $80 Billion in Insured Losses
Apr 19 2006 // Based on 2006 population and property exposures in the San Francisco Bay area, Risk Management Solutions, Newark, Calif., estimates there would be at least $260 billion in damages to residential and commercial exposures if...
Fla. Commissioner Encouraging Insurers to Use Loss Mitigation
Apr 19 2006 // Property insurers in Florida are being contacted by Insurance Commissioner Kevin McCarty, to participate in a program that focuses on hurricane loss mitigation at local venues around the state. The Federal Alliance for...
Okla. Tax Proposals: Boon for Companies-Including Insurers-and Wealthy?
Apr 18 2006 // Two tax-credit programs now under intense legislative scrutiny could mean some of Oklahoma’s wealthiest taxpayers, both individuals and corporations, will pay no state income taxes for up to 10 years, officials...
RLI Corp. Posts Strong 1st Quarter Results; Hosts Conference Call Today
Apr 18 2006 // Peoria, Ill.-based RLI Corp. reported first quarter net earnings of $25.7 million compared to $29.3 million reported in the same quarter last year. Operating earnings were $22.8 million ($0.86 per share) for the first...
