Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Berkshire Hathaway 1Q Net Income Up 12%; Equitas Deal Boosts Insurance
May 8 2007 // Billionaire Warren Buffett’s holding company reported Friday that its net income jumped 12 percent during the first quarter because of strong performances in its insurance and utility divisions. Berkshire Hathaway...
Employers Holding to Report Q1 Results on May 15
May 8 2007 // Reno, Nev.-based Employers Holdings Inc., a workers’ compensation insurance provider, will announce its first quarter 2007 financial results during a conference call and Web cast on Tuesday, May 15, at 10:30 a.m....
Climate Change: The potential insurance costs and what’s being done
May 7 2007 // Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the...
Another report details property/casualty insurers’ 2006 profitability, escape from storms
May 7 2007 // Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in...
Weather Report
May 7 2007 // Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the...
News Currents
May 7 2007 // Another report details property/casualty insurers’ 2006 profitability, escape from storms Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance...
Max Re Capital Q1 Earnings Report Monday; Conference Call Details
May 4 2007 // Max Re Capital Ltd. will hold an investment community conference call on Monday, May 7, 2007, at 10 o’clock a.m. Eastern Time, to discuss the Company’s first-quarter 2007 financial results with interested...
Fla. Approves Loss Reporting, Filing Sign-Off Rules
May 3 2007 // The Florida Financial Services Commission took further steps to implement the insurance reforms Gov. Charlie Crist has called for and the House and Senate passed into law during the January special session. Florida...
Endurance Posts $101.8 Million Q1 Net; Conference Call Today
May 3 2007 // Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $101.8 million and $1.36 per diluted common share for the first quarter of 2007 versus net income of $107.0 million and $1.45 per diluted common share...
Aspen Net Q1 Income up 97% to $121.9 Million; Conference Call Today
May 3 2007 // Bermuda’s Aspen Insurance Holdings Limited reported that its net income for the first quarter rose by 97 percent to $121.9 million versus $61.8 million for the same quarter in 2006. Other earnings highlights noted by...
Mich. First Mercury Announces 1st Quarter Results, Conference Call Today
May 3 2007 // First Mercury Financial Corp. announced results for the first quarter ended March 31, 2007. Highlights for the quarter include: — Total operating revenues increased 51.6 percent from the first quarter of 2006 to...
Erie: 1Q Results Reflect Policy Retention, New Agencies, Price Cuts
May 3 2007 // In its first quarter financial report, Erie Indemnity Co. revealed that net income was $56.4 million, a 13.9 percent increase from $49.5 million for the same period in 2006. Net income per share-diluted increased to $0.88...
RenRe Net Income Rises on Investments; Conference Call Today
May 2 2007 // RenaissanceRe reported net income of $190.8 million for the first quarter of 2007 or $2.63 per common share, up from the $178.98 million in the first quarter of 2006. First quarter operating income – which excludes...
CastlePoint Q1 Earnings Report due Tomorrow; Conference Call Details
May 2 2007 // CastlePoint Holdings, Ltd. plans to release its fiscal 2007 first quarter results on Thursday, May 3, 2007, prior to the market opening. The Company will also host a conference call and web cast to discuss the results on...
Aspen to Release Q1 Results Today; Conference Call Details
May 2 2007 // Bermuda-based Aspen Insurance Holdings Limited will release its first quarter 2007 financial results today, May 2, 2007, following the closing of the U.S. markets. The Company will hold a conference call to discuss its...
Endurance Schedules Q1 Earnings Report Today; Conference Call Details
May 2 2007 // Endurance Specialty Holdings Ltd. will issue its financial results for the quarter ended March 31, 2007 today Wednesday, May 2, 2007 after the close of the financial markets. On Thursday, May 3, 2007, Chairman, President...
Markel 1Q: Net Income Up, Combined Ratio Down; Conference Today
May 2 2007 // Markel Corp. has reported diluted net income per share of $9.88 for the quarter ended March 31, 2007 compared to $7.67 for the first quarter of 2006. The combined ratio for the first quarter of 2007 was 87% compared to 94%...
InsWeb Reports First Quarter Revenues of $8.1 Million
May 2 2007 // Sacramento, Calif.-based InsWeb Corp. announced results for the first quarter ended March 31, 2007. Revenues for the first quarter were $8.1 million, compared to $7.7 million in the first quarter of 2006 and $5.8 million...
RenRe to Announce Q1 Results ; Conference Call Details
May 1 2007 // Bermuda-based RenaissanceRe Holdings Ltd. will release the results of the first quarter of 2007, following the close of market on Tuesday, May 1, 2007. The Company will conduct an investment community conference call on...
Hub Reports Strong 1st Quarter
May 1 2007 // Hub International Limited reported strong growth in revenue and net earnings for the first quarter ended March 31, 2007. First quarter 2007 revenue of $171.8 million represented a $37.7 million, or 28%, increase over first...
