Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
American National Sees 39% Increase in Q3 Net Income
Oct 30 2003 // American National Insurance Company, based in Galveston, Texas, reported third quarter 2003 net income of $43,960,000 ($1.66 per share) compared to $31,436,000 ($1.19 per share) for the same period in 2002, an increase of...
Old Republic Reports 14th Straight Earnings Increase
Oct 30 2003 // Chicago-based insurer Old Republic International Corp. reported greater earnings for this year’s third quarter and first nine months. Net income in this year’s third quarter totaled $119.9 million, or 98 cents...
Cincinnati Financial Posts $104 Million Q3 Profit
Oct 30 2003 // Ohio-based insurer Cincinnati Financial Corp. (CFC) reported third-quarter 2003 net income of $104 million, or 64 cents per diluted share, compared with $72 million, or 44 cents per share, in the third quarter of 2002. Net...
eAutoclaims Notes Second Straight Profitable Quarter; Collision Repair Management Drives Profitability
Oct 30 2003 // Florida-based eAutoclaims reportedly just completed its second profitable quarter. Net income for the six-months ended July 31, 2003 totaled $230,102 compared to a net loss of $2,364,056 for the six-months ended July 31,...
The MIIX Group Notes Q3 Results
Oct 30 2003 // Patricia Costante, chairman and CEO of The MIIX Group, Inc., a New Jersey-based provider of medical professional liability insurance services, announced net operating income for the third quarter ended Sept. 30, 2003, of...
XL Reports Q3 Net Income of $99 Million
Oct 30 2003 // Bermuda’s XL Capital Ltd. reported $99 million in net income available to ordinary shareholders for the quarter ended September 30, 2003, or $0.71 per ordinary share, compared with net income of $184.1 million, or...
Argonaut Reports 54% Increase in Q3 2003 Premiums
Oct 29 2003 // San Antonio-based Argonaut Group Inc. announced financial results for the three- and nine-month periods ended Sept. 30, 2003. According to the company, highlights for the third quarter of 2003 include: · The...
Zenith Announces Third Quarter Results
Oct 29 2003 // Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $16.1 million, or $0.85 per share, for the third quarter of 2003 compared to net income of $8.7 million, or $0.46 per share, for the third...
ACE Reports Strong Q3 Gains; Net Operating Income$304 Million
Oct 29 2003 // Bermuda’s ACE Limited reported a very good third quarter, with net operating income, which excludes gains/losses on investments, rising 105 percent to a record $304 million, or $1.04 per share, compared with $148...
Montpelier Re Reports $91 Million Q3 Net Income
Oct 29 2003 // Bermuda’s Montpelier Re Holdings Ltd. reported net income of $91 million, or $1.34 diluted earnings per share, for the three months to September 30, 2003. The company’s net income for the first nine months of...
Markel Confirms Q3 Loss; 9 Month Profit
Oct 29 2003 // Virginia-based Markel Corporation confirmed the estimates it gave on Oct. 22 that it would suffer a third quarter loss (see IJ Web site Oct. 23). It reported a net loss of $1.68 per diluted share for the quarter ended...
State Auto 3Q Profit Up 165% Over Year-Earlier
Oct 28 2003 // Columbus, Ohio-based insurer State Auto Financial Corp. (STFC) reported third-quarter net income increased to $15.5 million, or 38 cents per diluted share, versus $5.8 million, or 15 cents per diluted share for the same...
W.R. Berkley Corp. Notes 89% Increase in Q3 Net Income
Oct 28 2003 // W. R. Berkley Corporation reported third quarter net income of $76 million, or 87 cents per share, up from $41 million, or 52 cents per share, a year ago. Net operating income for the third quarter of 2003 was $74 million,...
Chubb Reports Q3 Net Income of $259.8 Million; Premiums Jump 23%, Combined Ratio is 96.6%
Oct 28 2003 // The Chubb Corporation reported that net income in the third quarter of 2003 was $259.8 million or $1.37 per share, compared to a net loss of $242.1 million ($1.42 per share) in the third quarter of 2002. Operating income,...
Safeco Produces Strong Underwriting Results in Auto, Homeowners and Surety
Oct 28 2003 // Safeco – which recently announced a clear focus on Property & Casualty insurance – reported strong third-quarter underwriting results in most insurance lines. “We generated healthy underwriting...
Crawford Notes Q3 and Nine Month Financial Results
Oct 28 2003 // Atlanta-based Crawford & Company announced its financial results for the third quarter ended Sept. 30. Third quarter 2003 revenues before reimbursements totaled $172.2 million compared with $175.9 million in the 2002...
Converium Posts $44.3 Million Q3 Net Income
Oct 28 2003 // Swiss-based Converium Holding Ltd. reported third quarter net income of $44.3 million on net premiums written of $887.4 million, beating analysts’ forecasts, and reversing the $5.6 million loss it reported during the...
Infinity Property and Casualty Corp. Reports Successful Q3 Numbers
Oct 28 2003 // Alabama-based Infinity Property and Casualty Corporation, a provider of personal automobile insurance with an emphasis on nonstandard auto insurance, reported net earnings for the third quarter of $15.0 million or $0.72...
Unitrin Posts $43.1 Million 3Q Profit
Oct 27 2003 // Chicago-based insurer Unitrin Inc. reported net income of $43.1 million (64 cents per common share) for the three months ended Sept. 30, 2003, compared to a net loss of $18.1 million (27 cents per common share) for the...
Fiserv Reports Q3 Record Earnings
Oct 24 2003 // Brookfield, Wis.-based financial services software-maker Fiserv Inc. announced today record earnings for the third quarter of 2003. For the three-month period ended Sept. 30, 2003, Fiserv processing and services revenues...
