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- Investment woes mar better picture for p-c underwriting. (Late Breaking News).(Property-casualty industry reports 7.3% drop in net income to $5.1 bn for first-quarter 2002)(Statistical Data Included)
- A lower level of underwriting losses was one of several bright spots in the earnings picture for property-casualty insurers, but the industry still reported a net income decline of 7.3 percent to $5.1 billion for first-quarter 2002. "These ar A lower level of...
- Research articles 2002-07-01
- Late News; Senators seek changes in asbestos bill.(CIGNA examines future of retirement business)(Asbestos claims limited by arbitrator)(Liability coverage costs still soaring: RIMS)(COBRA coverage extended for Bethlehem workers)(Pennsylvania regulators ap
- Five Republican members of the Senate Judiciary Committee are seeking changes in an asbestos liability reform bill approved by the committee last month. The bill would replace the current litigation-based system for compensating victims of asbestos-r Five Republican members of the Senate Judiciary Committee are ...
- Research articles 2003-08-04
- For The Record.(Briefs)(insurance industry 2003 premium forecast, 2002 property/casualty net income data, govt terrorism insurance program)
- UAL fiduciary blocks 401k stock purchases The independent fiduciary that manages UAL Corp. stock held in the company's 401k plans is barring participants from buying company stock until the airline emerges from bankruptcy protection and new sto UAL fiduciary blocks 401k stock purchases ...
- Research articles 2002-12-23
- Insurers Report Sickly Results.
- A look at year-end results for many property-casualty insurers might be enough to make anyone in the industry sick, but rumors regarding Berkshire Hathaway Chairman Warren Buffett's health that affected the carrier's stock are greatly exaggerated, co A look at year-end results for many property-casualty insurers...
- Research articles 2000-02-21
- P-C First-Half Income Falls 76 Percent.(property-casualty insurers )(Brief Article)(Statistical Data Included)
- The nation's property-casualty insurers saw their first-half net income plummet 75.6 percent, according to figures released by two industry groups. In this year's second quarter, the p-c industry experienced its first quarterly net loss after taxe The nation's property-casualty insurers saw their first-half...
- Research articles 2001-10-01
- P-C insurers boost profits, but concerns loom: combined ratio at 97.9 for three quarters, but premium growth slows to 4.5 percent.(Property and casualty)
- PROPERTY-CASUALTY INSURERS SAW consolidated after-tax net income soar by 28.3 percent to $26.7 billion for the first nine months of 2004, a gain of nearly $6 billion from the same period the year before. Further reflecting insurers' improved financ PROPERTY-CASUALTY INSURERS SAW consolidated after-tax...
- Research articles 2005-01-03
- Read 'em & weep--expect '01 net loss. (Financial Results).(property-casualty insurance industry)(Statistical Data Included)
- There is little doubt that the property-casualty insurance industry will report a full-year net loss for 2001. In January, rating agencies AM. Best in Oldwick, N.J., and Fitch in Chicago each predicted net losses for the year. With a nine-month ...
- Research articles 2002-04-01
- Insurers Report Fortune Reversals In 1998.(Industry Overview)
- It's hard to miss the eye-popping negatives that emerge from a summary of changes in net income from 1997 to 1998 among a cross-section of property-casualty insurers. But while net income levels nose-dived more than 70 percent for CNA, TIC and St. It's...
- Research articles 1999-03-01
- Net P-C Income Dove 35% In First Qtr.(Statistical Data Included)
- Net income for the property-casualty insurance industry dove 35 percent for the first three months of the year, dropping from $9 billion in first-quarter 1999 to $5.8 billion in first-quarter 2000, according to financial results released by the New Y Net income for the property-casualty insurance...
- Research articles 2000-06-19
- Few underachievers disturb first-quarter party atmosphere. (First-Quarter Recap).(Property casualty insurance firms report higher earnings for first-quarter)(Statistical Data Included)
- While most property-casualty insurers were invited to the first-quarter party celebrating higher earnings, lower combined ratios and double-digit premium increases, investors and analysts were impatient with those few that did not make the "A&qu While most property-casualty insurers were invited to the first-quarter party celebrating...
- Research articles 2002-05-27
- Accounting Rules Lower Travelers' Net Income.(Travelers Property Casualty Corp.)
- Although Travelers Property Casualty Corp. announced a 6 percent increase in operating earnings for the first quarter of 1999, the company said that because it adopted new accounting principles net income dropped 42 percent compared to firstquarter 1 Although Travelers Property Casualty Corp. announced a 6...
- Research articles 1999-04-26
- First-half profits increase for many insurers.(year 2001)(Industry Overview)(Statistical Data Included)
- The following roundup of first-half results reports was compiled from items that were originally daily news postings at www.businessinsurance.com. ACE Ltd. HAMILTON, Bermuda-Gross premiums at ACE Ltd. showed significant growth in first-half 200 The following roundup of first-half results reports...
- Research articles 2001-08-06
- Most P-C reports favorable in 4th qtr.(property and casualty insurance industry's 4th qtr, 1997 financial reports)
- A part from two negative earnings reports released by TIG Holdings and Frontier for fourth-quarter 1997, individual earnings reports for property-casualty insurers were generally favorable for the last quarter of 1997, bearing out the year-end A part from two...
- Research articles 1998-03-02
Additional Resources
- Quanta Capital Holdings Announces Second Quarter Results; Company Reports Net Income of $1.8 Million, or $0.03 Per Diluted Share
- HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (Nasdaq: QNTA), a company that provides specialty insurance, reinsurance, and risk consulting services through its affiliated companies, today reported that its net income for the second quarter of 2004 was $1.8 million, or $0.03 per diluted share. This compares to a net loss...
- Research articles 2004-08-02
- State Farm net income drops 60 percent
- BLOOMINGTON, Ill. AP -- State Farm Insurance, the nation's biggest automobile and home insurer, said Wednesday its net income dropped by 60 percent last year due to a combination of increased claims and reduced rates. The privately held company said net income in 2000 was $408.1 million, down from $1.034...
- Research articles 2001-03-01
- Jackson National Generates Record GAAP Revenues and Net Income in 2004
- LANSING, Mich. -- Jackson National Life Insurance CompanyR (JNLR) generated GAAP revenues of more than $3.5 billion and GAAP net income of $630.5 million in 2004. Jackson National LifeR, an indirect wholly owned subsidiary of the United Kingdom's Prudential plc (NYSE:PUK), boosted revenues by 20 percent over the prior...
- Research articles 2005-03-02
- Metropolitan Life Insurance Company.
- Metropolitan Life Insurance Company, New York, announced 1998 net income of $1.34 billion on revenues of $26.7 billion. The company reported the following: Revenues increased 10 percent over 1997 and assets under management rose 8.5 percent to $359 b Metropolitan Life Insurance Company, New York, announced...
- Research articles 1999-03-22
- The PMI Group, Inc. Reports First Quarter 2005 Net Income of $101.2 Million; Net Income Per Diluted Share of $1.00; Net Income Per Diluted Share from Continuing Operations up 20% over First Quarter 2004
- WALNUT CREEK, Calif. -- The PMI Group, Inc. (NYSE:PMI) (the "Company") today announced that consolidated net income from continuing operations totaled $101.2 million, compared to $85.6 million for the same period a year ago, an increase of 18 percent. The significant improvement in net income from continuing operations in the...
- Research articles 2005-05-05
- The PMI Group, Inc. Reports Second Quarter 2005 Net Income of $104.6 Million; Net Income Per Diluted Share of $1.04; Quarterly and Year to Date Net Income from Continuing Operations the Highest in the Company's History
- WALNUT CREEK, Calif. -- The PMI Group, Inc. (NYSE:PMI) (the "Company") today reported record net income from continuing operations for the second quarter of 2005 and the first half of 2005. These results were driven by the Company's success in executing its diversification strategy and the resulting financial performance from...
- Research articles 2005-08-04
- Financial Services Firm American General Posts Higher Net Income for 1999.(Knight Ridder/Tribune Business News)
- Jan. 27--American General Corp. wrapped up 1999 with a strong fourth quarter that validated its three-pronged strategy of selling life insurance, annuities and consumer loans. The Houston-based company saw its yearly operating profits rise 13 percent to $1.2 billion, or $4.59 per diluted share....
- Research articles 2000-01-27
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