Underwriting performance drives significant earnings increaseEGI Financial Holdings Inc. today announced its results for the third quarter ended September 30, 2006. The third quarter was characterized by very strong performance in EGI’s underwriting business, driving a 170% improvement in quarterly earnings per share.Net income in the 2006 third quarter was $5.5 million compared with $1.7 […]
Revenue up 20%
Assets under administration climb to $5 billion
Revenue up 24%, earnings up 32%
Company takes one-time charge of US$412.6 million
Investors Group consultant network has now grown to its highest level on record
Insurer raises dividend
Strong profit from Canadian and European units
14% increase in premiums and deposits
Tough quarter for investment banking, wealth management