Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Max Re Posts $26.5 Million Q3 Net Income; Names Becker Chairman, CEO
Nov 14 2006 // Bermuda-based Max Re Capital Ltd. reported net income for the three months ended September 30, 2006 of $26.5 million, or $0.42 per diluted share, compared to a net loss of $44.2 million, or $0.96 per diluted share, for the...
ISO Chief: It’s ‘Haves’ Vs. ‘Have-Nots’ in Insurance Technology Race for Survival
Nov 14 2006 // Spurred by intensifying competition, breakthroughs in analytics are transforming insurance markets, according to an industry leader. Sophisticated insurers able to harness large volumes of high-quality data to drive...
AIG More Than Doubles 3Q Earnings
Nov 10 2006 // Profits at American International Group, Inc. (AIG) more than doubled in the third quarter, thanks in part to a calmer than expected hurricane season. AIG reported net income for the third quarter of 2006 was $4.22 billion...
AWAC Reports $114 Million Q3 Net Income; $314.5 Million for 9 Months; Conference Call Details
Nov 9 2006 // Bermuda-based Allied World Assurance Company Holdings (AWAC) reported net income of $114 million, or $1.89 per diluted share, for the third quarter 2006 compared to a net loss of $283.4 million, or $5.65 per diluted share,...
PXRE Posts $4.5 Million Q3 Profit; Conference Call Scheduled Today
Nov 9 2006 // The Bermuda-based PXRE Group Ltd. reported net income before convertible preferred share dividends of $4.5 million compared to a net loss before convertible preferred share dividends of $317.3 million in the third quarter...
Texas National Western Life Announces 3rd Quarter Earnings
Nov 7 2006 // Ross R. Moody, president of National Western Life Insurance Company, recently announced third quarter 2006 consolidated net earnings of $15.4 million, or $4.22 per diluted share, compared with consolidated net earnings of...
Ohio National Interstate Reports 3rd Quarter Earnings, Dividends
Nov 7 2006 // National Interstate Corporation today reported net income for the third quarter ended Sept. 30, 2006 of $6.5 million ($0.34 per share diluted), compared to $8.2 million ($0.43 per share diluted) for the third quarter of...
A multi-billion loss in corporate equity with the stroke of a pen?
Nov 6 2006 // Major earthquakes, category 5 hurricanes and terrorist attacks strike in an unpredictable manner. A fortune teller who could predict when the next of any of these events will occur would be hailed as the next Nostradamus....
A multi-billion loss in corporate equity with the stroke of a pen?
Nov 6 2006 // Major earthquakes, category 5 hurricanes and terrorist attacks strike in an unpredictable manner. A fortune teller who could predict when the next of any of these events will occur would be hailed as the next Nostradamus....
Hawaii’s earthquake losses, not earthquake policies, on the rise
Nov 6 2006 // Estimated damages from the two earthquakes that struck Hawaii on Oct. 15 have been rising. Yet the recent disaster has not spurred homeowners and businesses to purchase earthquake coverage, according the state’s...
Insurance credit scoring plagued with fundamental problems
Nov 6 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
There are no ‘mulligans’ in commercial property
Nov 6 2006 // Lessons in loss prevention help keep commercial property insurance clients from becoming statistics You may be familiar with the word “mulligan.” In golf it means a chance to do it over without a penalty....
UNDER Construction: The Green Property Insurance Market
Nov 6 2006 // Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a...
Ease of doing business can make the strategic ‘profit’ differential
Nov 6 2006 // Let’s start with three basic ideas about property/casualty insurance distributed through independent agents and brokers — a sector with more than $200 billion in written premium annually. 1) P/C insurance...
Hawaii’s earthquake losses, not earthquake policies, on the rise
Nov 5 2006 // Estimated damages from the two earthquakes that struck Hawaii on Oct. 15 have been rising. Yet the recent disaster has not spurred homeowners and businesses to purchase earthquake coverage, according the state’s...
A multi-billion loss in corporate equity with the stroke of a pen?
Nov 5 2006 // Major earthquakes, category 5 hurricanes and terrorist attacks strike in an unpredictable manner. A fortune teller who could predict when the next of any of these events will occur would be hailed as the next Nostradamus....
Insurance credit scoring plagued with fundamental problems
Nov 5 2006 // A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can...
Ease of doing business can make the strategic ‘profit’ differential
Nov 5 2006 // Let’s start with three basic ideas about property/casualty insurance distributed through independent agents and brokers — a sector with more than $200 billion in written premium annually. 1) P/C insurance...
UNDER CONSTRUCTION
Nov 5 2006 // Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a...
There are no ‘mulligans’ in commercial property
Nov 5 2006 // You may be familiar with the word “mulligan.” In golf it means a chance to do it over without a penalty. Unfortunately, in the world of loss prevention and property protection, a mulligan is typically not an...
