Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
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...
AXIS to Announce Q1 Results Tomorrow; Host Teleconference
May 3 2006 // AXIS Capital Holdings Limited announced that it expects to release financial results for the first quarter ended March 31, 2006, on Thursday, May 4, 2006, after the close of the financial markets. CEO and President John...
Allianz Provisional Q1 Figures Show 4.9% Gross Revenue Increase
May 3 2006 // Germany’s Allianz Group has released some preliminary indications of its first quarter 2006 results, which indicate that overall revenues will grow by 4.9 percent to around €30 billion ($38 billion). Allianz will...
Liberty Mutual: 1st Quarter Income Down, New Business Up; Call Today
May 3 2006 // Liberty Mutual Group reported net income of $292 million for the three months ended March 31, 2006, a decrease of $104 million or 26.3% from the same period in 2005. Results in the quarter include a $112 million increase...
Argonaut Group Sees Increased Revenue and Profits in Q1
May 2 2006 // Argonaut Group Inc., based in San Antonio, Texas, announced financial results for the three months ended March 31, 2006, and reported that its pre-tax operating income increased 35 percent to a record $31.2 million. Other...
Crawford Reports 140 Percent Increase in Q1 Earnings Per Share
May 2 2006 // Atlanta-based Crawford & Company, an independent provider of claims management solutions to insurance companies and self-insured entities, has a 140 percent increase in first quarter earnings per share in its...
Endurance Posts $107 Million Q1 Net; Conference Call Today, Details
May 2 2006 // Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $107 million or $1.45 per diluted common share for the first quarter of 2006 versus net income of $96.3 million or $1.45 per diluted common share in...
Navigators Q1 Earnings up 22% to $15.5 Million; Conference Call Info
May 2 2006 // The New York-based Navigators Group, Inc. reported net income of $15,525,000 or $0.93 per share for the 2006 first quarter based on 16,757,000 diluted shares compared to net income of $9,699,000 or $0.76 per share for the...
RenaissanceRe Release Q1 Results Today; Webcast Details
May 2 2006 // Bermuda-based RenaissanceRe Holdings Ltd. will release the results of its operations for the first quarter of 2006 following the close of market today, Tuesday, May 2, 2006. The Company will conduct an investment community...
