Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Alfa Corp. Reports Q1 Losses Due to Storms
Apr 27 2005 // Montgomery, Ala.-based Alfa Corp. has reported its first-quarter net income, which includes net realized investment gains and losses, was $21.57 million, or 27 cents per diluted share, compared with $25.47 million, or 32...
Arthur J. Gallagher Reports Q1 Revenue Growth
Apr 26 2005 // Illinois-based Arthur J. Gallagher & Co. has reported its financial results for the quarter ended March 31, 2005. “Gallagher continues to do what it does best even in these challenging times — solve our...
Zenith Announces First Quarter Results
Apr 26 2005 // Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $39.3 million, or $1.65 per share, for the first quarter of 2005 compared to net income of $25.1 million, or $1.09 per share, for the...
Best: U.S. P/C Industry Notes First Underwriting Profit Since ’78
Apr 25 2005 // The U.S. property/casualty industry reported improved operating results in 2004 for the second straight year, but for the first time since 1978, underwriting results were profitable, with a combined ratio of 97.9,...
Crawford & Co. Reports a Disappointing First Quarter
Apr 25 2005 // Atlanta-based Crawford & Co., a large independent provider of claims management solutions to insurance companies and self-insured entities has announced its financial results for the first quarter ended March 31,...
Chubb Unveils Q1 Report; Net Income of $470M
Apr 25 2005 // The Chubb Corp. on Monday reported that net income in the first quarter of 2005 was $470 million, a 30% increase over net income of $361 million in the first quarter of 2004. Net income per share increased 26% to $2.37...
Sierra Notes Continued Growth in Nev. Market
Apr 25 2005 // Sierra Health Services Inc. reported that income from continuing operations for the quarter ended March 31, 2005, was $28.6 million or $0.85 per diluted share, compared to $26.3 million or $0.75 per diluted share for the...
Earnings Up in Commerce Insurance Group First Quarter
Apr 22 2005 // The Commerce Group Inc. in Webster, Mass. reported 2005 first quarter net earnings were $58.0 million, or $1.72 per diluted share, compared to net earnings of $51.0 million or $1.56 per diluted share for 2004. Included in...
21st Century Insurance Group Reports Q1 Results
Apr 20 2005 // Woodland Hills, Calif.-based 21st Century Insurance Group reported net income of $19.4 million ($0.23 per share) for the first quarter of 2005, compared to $19.8 million ($0.23 per share) for the same period in 2004. The...
Everest Re Q1 Operating Income up 9% to $165.2 Million; 14.5% Drop in Gross Premium
Apr 19 2005 // Bermuda’s Everest Re Group reported good first quarter results. The company’s after-tax operating income (which excludes realized capital gains and losses) was $165.2 million, or $2.90 per diluted share, a 9...
Safeco Sees Strong Q1 Numbers
Apr 19 2005 // Seattle-based Safeco on Tuesday reported strong first-quarter results for 2005. The company produced net income for the first quarter of $212.0 million, or $1.65 per diluted share. This compares with net income of $236.2...
Brown & Brown Reports 18.4% Gain in Q1 Net Income
Apr 19 2005 // Florida-based Brown & Brown announced a new record for its net income and net income per share in the first quarter. Net income per share for the quarter ended March 31, 2005 was $0.62, an increase of 17% over the...
Experts Report Commercial Property Terrorism Modeling Getting Better
Apr 18 2005 // Insurance companies are getting a better handle on how to estimate commercial property terrorism exposures and price the coverage thanks to advances in computer modeling. Despite the strides made in modeling to estimate...
Volatile Underwriting Cycle is Back with a Vengeance, Advises Economist
Apr 18 2005 // The property/casualty insurance industry’s frequently volatile underwriting cycle is back with a vengeance and will have no mercy this time around, advises a top industry economist. The property/casualty financial...
Transatlantic Estimates $19 Million Q1 Cat Losses
Apr 14 2005 // Transatlantic Holdings Inc. announced that it presently expects to report net catastrophe losses in its first quarter 2005 results of approximately $19 million after tax, principally resulting from European Windstorm...
Generali Announces Strong 2004 Results; Net Profit of $1.7 Billion
Apr 14 2005 // Assicurazioni Generali SpA, Italy’s largest insurer, announced strong results for 2004 with net profits of 1.315 billion euros ($1.692 billion), slightly ahead of estimates and gross premiums of 56.3 billion euros...
RLI Posts Earnings Record
Apr 14 2005 // Illinois-based RLI Corp. announced first quarter net earnings of $29.3 million ($1.12 per diluted share), which were 73% better than the $16.9 million ($0.65 per diluted share) reported in the same quarter last...
First Underwriting Profit Since 1978, Investment Gains Send Industry’s Net Income and Surplus to Record Highs
Apr 12 2005 // Benefiting from a rare profit on underwriting and investment gains, the U.S. property/casualty insurance industry’s net income after taxes rose 29 percent to a record $38.7 billion in 2004 from $30 billion in...
Cochran, Caronia: Insurers to See Major Declines in Core Earnings Power
Apr 12 2005 // Property and casualty insurers will see dramatic declines in core earnings power beginning as early as this summer and extending into 2006, according to a new study by Cochran, Caronia Securities LLC, an insurance industry...
AIA: N.D. Loss History Bill Goes too Far
Apr 7 2005 // The American Insurance Association (AIA) on Thursday said that North Dakota’s SB 2186 goes too far in regulating the use of loss history reports for homeowners insurance and plans to ask Gov. John Hoeven (R) to veto...
