Premiums and deposits rise 19% in the first six months of 2008
Co-operators General Insurance Co. today reported a reduced profit for the second quarter ended June 30.Consolidated net income for the quarter was $40.6 million compared to $48.9 million for the same quarter in 2007. Earnings per common share were $1.88 for the second quarter compared to $2.29 for the same period last year.“The company’s underwriting […]
Record growth in mortgage originations in second quarter
Power Financial Corp. today reported a higher quarterly profit thanks in part to sharply higher earnings at its life insurance subsidiary.
Earnings from Sun Life U.S. drop 47%
AUM rise 14% in second quarter
Sharp increase in single-family mortgage lending
Seamark Asset Management Ltd. today announced weaker earnings for the second quarter ended June 30, as assets under management declined.Earnings for the quarter were $312,000, or 3¢ a share compared to $664,000, or 6¢ a share for the second quarter 2007. The decline in earnings per share reflects a decline in revenues.Revenues for the quarter […]
Q2 profit up 26%, revenue up 22%
Insurer raises quarterly dividend