P&C insurer takes $62 million hit from declining investments
Firm has fared very well given market conditions, CEO says
Holding company boosts dividend
A deep decline in IPOs, secondary issues and debt issues has led to depressed profits in the securities industry
Insurance giant posts US$24.5 billion loss
Bank takes $20 million charge on sale of car loan portfolio
Insurer obtains $3 billion loan financing from banks
Revenue slides 30% as investors stay on the sidelines
AUM drop by $1.2 billion during the quarter
Volatile markets eat into revenue