American International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion net income posted during the same period one year ago. The insurer’s profit surge was helped by low natural …
Risk and insurance brokerage service provider Aon Corp. reported 3 percent revenue growth along with a 3 percent decline in profit for the first quarter. First quarter net income declined to $238 million from $246 million reported last year. The …
Allstate Insurance reported a first quarter profit of $766 million, up by about 46 percent from a year-earlier profit of $524 million. The increase was due to improvement in operating income and, to a lesser extent, realized capital gains. Operating …
The Hartford Financial Services Group Inc. said its 2012 first quarter net income declined 80.8 percent to $96 million, hurt by a $587 million net realized loss from runoff operations. The Hartford’s net income during the same period one year …
Global insurance broker and risk management firm Arthur J. Gallagher & Co. boosted its profit 85 percent in the first quarter, from $15.2 million in 2011 to $28.1 million this year, due to strong growth in commission and fee income. …
