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Tag Archives: Profit

Sick For Profit – Fight Back Against Health Insurance Lies!

FORWARD THIS VIDEO! Join the fight: sickforprofit.com [ health care insurance reform profit public option single payer ] Read More...

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Zurich Financial Plans Biggest Dividend in 10 Years (Update2)

Zurich Financial Plans Biggest Dividend in 10 Years (Update2) Feb. 4 (Bloomberg) — Zurich Financial Services AG , Switzerland’s largest insurer, plans to pay the biggest dividend in 10 years after fourth-quarter profit increased fivefold on higher general insurance rates. Read more on Read More...

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China Life Says 2009 Profit May Climb More Than 50% (Update1)

China Life Says 2009 Profit May Climb More Than 50% (Update1) Jan. 28 (Bloomberg) — China Life Insurance Co. , the nation’s largest insurer, said net profit may have climbed more than 50 percent in 2009 from a year earlier, based on unaudited estimates under Chinese accounting Read More...

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Munich Re reports seven-fold rise in Q4 net profit

Munich Re reports seven-fold rise in Q4 net profit (AP:FRANKFURT) German reinsurance company Munich Re AG reported Tuesday a more than seven-fold increase in fourth-quarter net profit to euro780 million ($1.1 billion) as a result of “exceptionally low claims” from natural Read More...

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Samsung SDI Reports Profit for Fourth Quarter on Batteries

Samsung SDI Reports Profit for Fourth Quarter on Batteries Samsung SDI Co., the world’s second- largest maker of lithium-ion rechargeable batteries, posted its fourth straight quarterly profit after shipments of the products increased. Read more on BusinessWeek Read More...

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1st Colonial Bancorp Reports a Year End Profit of $487,000

1st Colonial Bancorp Reports a Year End Profit of $487,000 COLLINGSWOOD, N.J.—-1st Colonial Bancorp, Inc. , holding company of 1st Colonial National Bank, today reported that its net income for the year ended December 31, 2009 was $487,000 , compared to $649,000 for the year ended December Read More...

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Heartland Financial posts wider 4Q loss on charges

Heartland Financial posts wider 4Q loss on charges Heartland Financial USA Inc. on Monday posted a wider fourth-quarter loss as it recorded impairment charges related to two subsidiaries. Without those charges, the bank said it would have turned a profit for the period. Read more on San Diego Read More...

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Allianz adds Bowen as profit manager

Allianz adds Bowen as profit manager Ross Bowen has joined Allianz Life Insurance Co. of North America as vice president of profitability management. Read more on Finance and Commerce Read More...

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UnitedHealth’s 4Q profit rises 30%

UnitedHealth’s 4Q profit rises 30% Managed care company UnitedHealth Group Inc. wrapped up 2009 with a third-straight quarterly profit increase, but it starts 2010 still hampered by high unemployment, which hurts its biggest insurance segment. Read more on Pioneer Press Read More...

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Magma Fincorp net rises 161 percent in third quarter

Magma Fincorp net rises 161 percent in third quarter Non-banking financial company Magma Fincorp saw its net profit rising 161 percent to Rs.17.9 crore in the third quarter, from Rs.6.9 crore it posted during the corresponding period a year ago, the company said here Tuesday. Read more on Read More...

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