Brown & Brown (BRO) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected… Continue reading Brown & Brown Q2 Earnings and Revenues Surpass Estimates
Tag: insurance profits
Aon Profits Up in Q1 with 9% Income Boost
Global insurance and reinsurance broker Aon grew its operating income by 9% to $872 million in the first quarter of 2019, partly due to strong organic revenue growth in its Commercial Risk Solutions and Reinsurance Solutions businesses. Operating income also improved by 8% on an adjusted basis due to organic revenue growth and savings from… Continue reading Aon Profits Up in Q1 with 9% Income Boost
W.R. Berkley Q1 Net Premium Growth Aided by Rate Improvement
W.R. Berkley Corp. (WRB) on Tuesday reported first-quarter net income of $180.7 million. The Greenwich, Connecticut-based company said it had net income of 94 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. The insurance company… Continue reading W.R. Berkley Q1 Net Premium Growth Aided by Rate Improvement
Brown & Brown Announces Quarterly Revenues of $619.3M, An Increase of 23.5%
Brown & Brown, Inc. today announced its unaudited financial results for the first quarter of 2019. Revenues for the first quarter of 2019 under U.S. generally accepted accounting principles (“GAAP”) were $619.3 million, increasing $117.8 million, or 23.5%, compared to the first quarter of the prior year, with commissions and fees increasing by 23.4% and… Continue reading Brown & Brown Announces Quarterly Revenues of $619.3M, An Increase of 23.5%
Travelers’ Profit Rises, Helped by Lower Catastrophe Losses
Travelers Co’s earnings rose in the first quarter as catastrophe losses fell and the insurance holding company had stronger gains from underwriting policies. New York-based Travelers, part of the Dow Jones Industrial Average, is among the largest sellers of insurance to U.S. businesses and sells car and home insurance to individuals and families. It is… Continue reading Travelers’ Profit Rises, Helped by Lower Catastrophe Losses