The Travelers Companies Inc. reported $806 million in net profit for the 2012 first quarter. The first-quarter profit was down 4 percent when compared to one year ago, but the result during the year-ago period was boosted by a one-time, …
The Travelers Companies Inc. will kick off property/casualty insurers’ 2012 first-quarter earnings season Thursday, April 19, when the company reports its 2012 first three month results. Travelers is the first major insurance company to report the 2012 first-quarter earnings. Many …
Daytona Beach, Fla.-headquartered Brown & Brown Inc. reported 2012 first-quarter net income of $49.43 million, up 6.3 percent from one year ago. The insurance brokerage firm also reported $302.49 million in revenue for the first quarter, up 15.4 percent from …
Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance brokerage group, has released strong results for the year ending 31 December 2011, reporting revenues of $344 million and EBITDA of $69 million with and net cash earnings of …
At first glance that statement may seem a little strange, considering that Lloyd’s reported an overall loss for the year of £516 million ($822 million). But considering that overall insured losses for the year from natural catastrophes were between $107 …
Allianz confirmed the earnings figures previously published in February in its 2011Annual Report, but Europe’s biggest insurance group also warned that it expects a tough 2012 as it works to counter the burden of low interest rates by improving operations …
Munich Re’s official results largely confirm earlier estimates, made at the beginning of February. The world’s largest reinsurer, however, hopes to do a good deal better in 2012 than it did last year. It’s forecasting a profit of around €2.5 …
Liberty Mutual Group reported $284 million in net profit for 2011 fourth quarter — down 50.7 percent compared to the same period one year ago. The insurer said the quarterly operating results were hurt especially by losses from Thailand floods. …
Catastrophe claims and write downs on investments in sovereign bonds and banks were behind the profit fall revealed by Allianz, Europe’s biggest insurance group. On Thursday it reported net income of €2.804 billion [$$3.777 billion], missing estimates by almost half …
Swiss Re reported net income of $2.6 billion for the full-year 2011, despite what it described as “an exceptional natural catastrophe burden” – a strong performance compared to the $863 million reported for 2010. Its combined ratio for the year …
