Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Arch Capital Reports Q4 Net Income of Just Over $100M for 2005
Feb 13 2006 // Bermuda-based Arch Capital Group Ltd. reported that net income for the 2005 fourth quarter was $100.9 million, or $1.34 per share, compared to $107.1 million, or $1.45 per share, for the 2004 fourth quarter. For the year...
Brown & Brown Reports Record Revenues, Net Income
Feb 10 2006 // Brown & Brown Inc., with headquarters in Daytona Beach and Tampa, Fla. has announced record earnings for 2005, the 13th consecutive year for which the company has recorded new highs in both revenues and net income....
Aon Sees Q4 Net Income of $224M
Feb 10 2006 // Aon Corp. reported fourth quarter and full year 2005 results. Net income was $224 million or $0.65 per share in the fourth quarter of 2005 and $81 million or $0.24 per share in 2004. Fourth quarter 2005 net income from...
Fairfax Sees Q4 Loss of $318M
Feb 9 2006 // Toronto-based Fairfax Financial Holdings Limited had a net loss of $318.1 million in the fourth quarter of 2005 and $497.9 million for the 2005 year. The falls come after absorbing losses from Hurricanes Katrina, Rita and...
Argonaut Group Reports Record 2005 Results Despite Hurricanes
Feb 8 2006 // San Antonio-based Argonaut Group Inc. announced financial results for the three months and year ended Dec. 31, 2005, noting that the company’s gross written premiums topped $1 billion for the first time in its...
Kingsway Grows Net Income by 24% for 2005; Dividend Increases 25%
Feb 8 2006 // Canada-based Kingsway Financial Services Inc. reported financial results for the fourth quarter and year ended Dec. 31, 2005 (Cdn dollars except where indicated). Net income for the quarter increased 16% to $42.1 million...
Willis Q4 Reported Revenues Down in 2005 Compared to Prior Year
Feb 8 2006 // Willis Group Holdings Ltd. reported results for the quarter and year ended Dec. 31, 2005. Separately, the Board of Directors approved a 9 percent increase in the regular quarterly cash dividend on the company’s...
RenaissanceRe Sees Q4 Operating Loss of $207M
Feb 7 2006 // Bermuda-based RenaissanceRe Holdings Ltd. reported a net operating loss attributable to common shareholders of $206.9 million in the fourth quarter of 2005, principally reflecting a $313.9 million net negative impact from...
AXIS Capital Notes Profitable Year; Reports Net Income of $90.1M
Feb 7 2006 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders of $90.1 million for the year ended Dec. 31, 2005, or $0.57 per diluted common share, compared with net income of $495.0...
XL Capital Reports Q4 2005 Net Loss of Nearly $822M
Feb 7 2006 // Bermuda’s XL Capital Ltd. has reported a net loss to ordinary shareholders for the quarter ended Dec. 31, 2005 of $821.9 million, or a net loss of $5.51 per ordinary share, compared with net income of $288.0 million,...
Crawford & Co. Reports Fourth Quarter 2005 Results; ‘Cautious’ About 2006
Feb 6 2006 // Atlanta-based Crawford & Company has announced its financial results for the fourth quarter ended December 31, 2005. Fourth quarter 2005 revenues before reimbursements totaled $216.9 million compared with $205.8...
PartnerRe Sees Q4 Net Loss of $33.6M
Feb 6 2006 // Bermuda-based PartnerRe Ltd. reported a net loss of $33.6 million, or $0.76 per share, for the fourth quarter of 2005. This net loss includes net after-tax realized gains on investments of $37.0 million or $0.66 per share....
Risk models show industry burden under TRIA
Feb 6 2006 // The extension of the federal Terrorism Risk Insurance Act represents solvency protection in extreme events but is not an industry subsidy, according to risk modeling experts at Risk Management Solutions and AIR Worldwide...
64% of firms suffer loss due to cyber incidents
Feb 6 2006 // The FBI reports that 9 out of 10 organizations in the country are victims of some sort of computer security incident, and one-fifth are hit more than 20 times a year. Almost two-thirds suffer financial loss as a result of...
Risk models show industry burden under TRIA
Feb 6 2006 // The extension of the federal Terrorism Risk Insurance Act represents solvency protection in extreme events but is not an industry subsidy, according to risk modeling experts at Risk Management Solutions and AIR Worldwide...
News Currents
Feb 5 2006 // Risk models show industry burden under TRIA The extension of the federal Terrorism Risk Insurance Act represents solvency protection in extreme events but is not an industry subsidy, according to risk modeling experts at...
Travelers’ Profits Drop in Fourth Quarter, Asbestos, Cat Losses Listed
Feb 3 2006 // St. Paul Travelers Cos., the nation’s second largest business insurer, said its profit fell in the fourth quarter as it absorbed big charges for boosting asbestos reserves and losses from the hurricanes that hit the...
Brit Forecasts Upbeat Profit Picture
Feb 2 2006 // Brit Insurance Holdings PLC, the UK-based international general insurer and reinsurer, has issued a positive earnings forecast for 2006. The company based its estimates on a “good performance both in its...
Allstate Earnings Drop 9% on Hurricane Damages from 3 Storms
Feb 2 2006 // Insurer Allstate Corp. says it has settled about 75 percent of the property claims and nearly all auto claims stemming from Hurricanes Katrina, Rita and Wilma. But the company cited Wilma, which battered south Florida in...
Study Examines Non-Profit Exposures and Legal Risks
Feb 1 2006 // Non-profits face exposure to a wide array of legal risks, according to a study on non-profit organizations’ risks. The study suggests that some exposures are unique to non-profits and may arise, for example, from an...
