Mercury Insurance to Announce Q1 Earnings on May 2
Los Angeles-based Mercury General Corp. will be hosting a Webcast at 1 p.m. EST on May 2, 2011, to announce its first quarter financial results. To listen to the report, visit www.mercuryinsurance.com. A recording of the conference call will be …
Travelers Profits Up
Improved pricing and a drop in catastrophe losses boosted Travelers profits 30 percent in the first quarter, as it beat Wall Street’s expectations and offered some evidence of a turn in the soft market. Net profit for the first quarter …
ABIR Reports 2010 Results for Bermuda’s Re/Insurers; $11.4 Bn Net Income
The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2010 global underwriting results for its 22 member (re)insurers – companies that write insurance and reinsurance from underwriting centers in Bermuda, Europe and the United States. The ABIR said …
Lloyd’s Director Luke Savage on 2010 Results, Japan, What’s Ahead
His voice was a little husky, but Luke Savage – Lloyd’s Director of Finance, Risk Management and Operations – was still pleased to talk to the IJ about Lloyd’s financial results for 2010, which were released on Wednesday, March 30. …
Cooper Gay Swett & Crawford Posts Combined Results; EBITDA $68 Million
The Cooper Gay Swett & Crawford Group (CGSC) has released its first combined results since the two brokers completed their merger agreement last July. The Group reported Fees and commissions of $340 million, underlying *EBITDA of $68 million, and net …
Lloyd’s Annual Report: $3.5 Billion 2010 Profit; ‘Solid’ Says CEO
Lloyd’s of London announced an overall profit of £2.195 billion ($3.522 billion) for 2010, a significant decrease from the record £3.868 billion (more than $6.2 billion) it recorded in 2009. The earnings report also noted that Lloyd’s combined ratio for …
