Specialist motor insurer, Chaucer, has reported a stunning first half with premium income up an annual 38.2%, to £491 million, and pre-tax profit soaring 300% to £17.0 million. Profit before tax and foreign exchange adjustments on non-monetary items stood at £52.6 million, compared with £3.4 million in the same period of 2008. First-half underwriting profit came in

LONDON (Reuters) - MillerCoors, the second-largest brewer in the United States, on Wednesday reported a 28.1 percent rise in third-quarter net income as it found an extra $200 million (121 million pounds) of cost savings resulting from its 2008 merger.The combined U.S. operations of SABMiller and Molson Coors Brewing with brands such as Miller Lite and Coors Light, said underlying net income in th...

Platinum Underwriters Holdings has reported a fall in net income for the second quarter of 2009, to $98.1 million, compared with $102.3 million in the previous three months. The decline took net income for the first six months of the year down to $183 million, from $207.5 million in the same period of 2008. The Bermuda-based property

Brit Insurance posted a pre-tax loss of £8.7 million for the first half of 2009, down from a profit of £49.9 million in the year ago period. Net income plummeted to a £6.3 million loss, down from a £37.6 million profit in the first half of 2008. The Lloyds of London underwriter blamed the loss on a

The Chubb Corporation [NYSE: CB] has reported its third quarter results, including net income of $596m, equating to $1.69 per share. This marks a significant increase on the Q3 2008 net profit of $264m, or $0.73 per share, and also marked an increase from Q2 2009, when the firm made a net profit of $551m. Operating income

Endurance Specialty Holdings Ltd has announced its financial results for Q4 and 2009. In Q4 the firm made net income of $154.8m, equating to $2.56 per diluted share, a substantial rise on the Q4 2008 net income of $16.9m, or $0.22 per diluted share. For 2009 as a whole Endurance achieved a record net income of $536.1m,

Equity income funds continue to appeal to those who need to live off their investments, because, despite recent problems, they still offer the best chance of combining worthwhile immediate returns with growth of capital and income over the medium term. However, you should think twice about how much of your investment income you spend. A lot of the long-term returns on equities come from dividends;...

Crawford & Company has announced its financial results for the year and quarter ended 31 December, 2009. In Q4 the firm generated consolidated revenues of $238.4m, down from the same quarter in 2008 when revenue was $262.9m. Attributable net income for the quarter was $8.9m, a 6% rise on the $8.3 net income of Q4 2008, with

Travelers has reported net and operating income of $1.285 billion and $1.155 billion respectively, for the fourth quarter of 2009. The results take the US group’s full year net and operating income to $3.622 billion and $3.600 billion, compared with net income of $2.924 and operating income of $3.195 in 2008. Fourth quarter 2009 revenues totalled $6.456

Ford announced that it received a net income of $997 million (£612m) for the third quarter of 2009, an improvement of $1.2 billion compared to the same period of 2008.