Toronto-based Fairfax Financial Holdings Ltd; said its quarterly profit jumped 20 percent, due primarily to improved underwriting profit. Fairfax said its profit was $562.4 million in the third quarter, or $30.88 per diluted share. In Q3 2008, when the company …
LPL Financial Corporation (LPL) will pay nearly $1.3 million in restitution to Montana investors and a fine of $150,000 to the State of Montana under a settlement announced today by Monica Lindeen, Montana Commissioner of Securities and Insurance. The restitution …
Aon Corp. reported results for the third quarter ended September 30, 2009, which show net income attributable to Aon stockholders was up slightly at $120 million or $0.41 per share, compared to $117 million or $0.40 per share for the …
France’s AXA Group, which ranks alongside Allianz as Europe’s two biggest insurers, said its business environment was getting better despite reporting a dip in nine-month sales on Thursday. Sales fell to €68.094 billion ($100.4 billion). Analysts in a Reuters poll …
Bermuda-based RenaissanceRe Holdings Ltd., a leading nat cat property reinsurer, joined the comeback kids of 2009 with a robust performance in the third quarter. The Company reported net income available to common shareholders of $258.6 million or $4.12 per diluted …
Aspen Insurance Holdings reported greatly improved third quarter 2009 results, compared to 2008. The Bermuda-based specialty insurer recorded third quarter net income after tax of $144.7 million, compared with a net loss after tax of $126.1 million for the same …
The Bermuda-based Everest Re Group, Ltd. reported third quarter 2009 net income of $228.6 million, or $3.75 per diluted common share, compared to a net loss of $233.1 million, or $3.79 per common share, for the third quarter of 2008. …
XL Capital has profited from the old adage that “less is more,” as the Bermuda-based insurer rebounded from a disastrous year in 2008. Although it posted an $11.4 million loss for the third quarter of 2009, that pales to insignificance …
The Swiss mountain air seems to agree with ACE Limited, as it reported net income for the third quarter of $494 million, or $1.46 per share, compared with $0.16 per share for the same quarter last year, an increase of …
Liberty Mutual Group’s results for the third quarter of 2009 are in sharp contrast to the same period of 2008. The group reported net income for the period of $265 million for the period. Its pre-tax operating income before private …
