Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
ISO: P/C Industry Ends 26-Year Drought, Breaks Surplus Records
Aug 8 2005 // Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses. Powered by the best underwriting results in almost three...
Allied World Assurance Reports Gain in Q2 Income from 2004
Aug 5 2005 // Bermuda-based Allied World Assurance Holdings Ltd. has reported net income of $75.3 million for the second quarter 2005, compared to $69.4 million for the second quarter last year, an increase of 8.4%. Net income for the...
Cincinnati Financial Profits Up in Q2
Aug 4 2005 // Cincinnati Financial Corp. said profit in the second-quarter rose nearly 2 percent, as lower catastrophe losses helped the company surpass analyst estimates. But catastrophe losses are typically worst during the third...
SCPIE Holdings Announces 2005 Second-Quarter and First-Half Results
Aug 4 2005 // Los Angeles-based SCPIE Holdings Inc., a provider of healthcare liability insurance, reported continued improved results for its second quarter and first half ended June 30, 2005. For the 2005 second quarter, SCPIE...
Kingsway Sees 10% Gain in Q2
Aug 4 2005 // Canada-based Kingsway Financial Services Inc. announced financial results for the second quarter and six months ended June 30, 2005 (Canadian dollars except where indicated). Q2 2005 Highlights: * Diluted earnings per...
AFG Posts Q2 Earnings Topping $81M
Aug 3 2005 // Cincinnati, Ohio-based American Financial Group Inc. (AFG) reported net earnings for the 2005 second quarter of $81.6 million ($1.04 per share), significantly above the $55.9 million ($.75 per share) reported for the...
American Safety Insurance Holdings Sees Jump in Q2 Numbers
Aug 3 2005 // Bermuda-based American Safety Insurance Holdings Ltd. has reported that earnings from insurance operations increased to $3.0 million in the second quarter of 2005 from a loss of $1.7 million for the same quarter in...
Horace Mann Notes Q2 Numbers
Aug 3 2005 // Illinois-based Horace Mann Educators Corp. has reported net income of $33.6 million (72 cents per share) and $60.2 million ($1.29 per share), respectively, for the three and six months ended June 30, 2005, compared to net...
Ebix Inc. Reports Q2 ’05 Revenue Rose 31 Percent; OI Rose 61 Percent
Aug 2 2005 // Atlanta-based Ebix Inc., a leading international provider of software services and IT solutions to the insurance industry, reported financial results for the second quarter and six months ended June 30, 2005. Ebix’s...
Marsh Unveils Q2 Report
Aug 2 2005 // Marsh & McLennan Companies Inc. (MMC) has reported financial results for the second quarter and six months ended June 30, 2005. Consolidated revenues for the quarter increased 2 percent to $3.1 billion. Net income was...
Meadowbrook Sees Q2 Gain
Aug 2 2005 // Michigan-based Meadowbrook Insurance Group reported net income for the quarter ended June 30, 2005 of $4.6 million, or $0.16 per diluted share, up 62.4% compared to net income of $2.8 million, or $0.10 per diluted share,...
Aon Witnesses Q2 Jump
Aug 2 2005 // Aon Corporation has reported second quarter and six months 2005 results. Second quarter 2005 net income and the related per share amount increased 10% to $191 million or $0.57 per share from the second quarter of 2004. Net...
Mercury Announces 2Q Results
Aug 1 2005 // Mercury General Corporation reported net income of $73.6 million ($1.35 per share-diluted) in the second quarter 2005 compared with $78.1 million ($1.43 per share-diluted) for the same period in 2004. For the first six...
Kansas Doubles Amount of Insured Crop Acres
Jul 29 2005 // Kansas farmers have more than doubled the insured acres in the state since 1989, tripling their dollar amount of coverage during the same time, according to a recently released study. The Associated Press reported that so...
PXRE Q2 Net at $43.5M
Jul 28 2005 // Bermuda-based PXRE Group Ltd. announced results for the second quarter ended June 30, 2005. Highlights for the quarter included: * Net operating income per diluted share was $1.27 compared to $1.21 in the second quarter of...
Arch Capital Group Sees Q2 Gain
Jul 28 2005 // Bermuda-based Arch Capital Group Ltd. reported that net income for the 2005 second quarter was $126.0 million, or $1.69 per share, compared to $104.3 million, or $1.42 per share, for the 2004 second quarter, and $241.9...
Hilb Rogal & Hobbs Hit By Legal Expenses in 2nd Quarter
Jul 28 2005 // Hilb Rogal & Hobbs Company, based in Richmond, Va., reported that for the second quarter, total revenues were $162.0 million, compared with $147.8 million a year ago, an increase of 9.7 percent. Commissions and fees...
Commerce Net Earnings Rise, Losses Fall in 2nd Quarter
Jul 28 2005 // The Commerce Group Inc. out of Webster, Mass. reported that 2005 second quarter net earnings were $62.6 million, or $1.85 per diluted share, compared to net earnings of $37.4 million or $1.14 per diluted share for...
St. Paul Travelers Reports All Segments ‘Strong’ in 2nd Quarter
Jul 28 2005 // The St. Paul Travelers Companies, Inc. reported record net income for the current quarter of $1.069 billion, or $1.59 per basic share and $1.52 per diluted share, compared to a net loss of $275 million, or $0.42 per basic...
SeaBright Insurance Holdings Reports Second Quarter 2005 Results
Jul 27 2005 // SeaBright Insurance Holdings Inc. announced results for the second quarter ended June 30, 2005. For the second quarter of 2005, net income was $4.2 million, or $0.25 per share on a diluted basis, compared to net income of...
