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Keyword
operating loss

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Kingsway reports net loss of US$7.9 million in Q2 2017

August 8, 2017 by Canadian Underwriter

Toronto-based Kingsway Financial Services Inc. has reported a net loss attributable to common shareholders of US$7.9 million in the second quarter of 2017 compared to a net loss attributable to common shareholders of US$0.6 million in the same quarter last

News Earnings / RatingsInsuranceMarkets / Coverages

Kingsway reports net loss of US$1.7 million in first quarter of 2017

April 26, 2017 by Canadian Underwriter

Toronto-based Kingsway Financial Services Inc. released its financial results for the first quarter of the year on Wednesday, reporting a net loss attributable to common shareholders of US$1.7 million compared to such a net loss of US$1.5 million in Q1

News Earnings / RatingsInsurance

Kingsway Financial Services Inc. posts net loss for both full-year, fourth quarter 2016

March 8, 2017 by Canadian Underwriter

Several significant events during the fourth quarter of 2016 contributed to Kingsway Financial Services Inc. (KFS) reporting a net loss for both the quarter and the full year. For all of 2016, the company posted a loss of about US$9.4

News Earnings / RatingsInsuranceMergers and AqcuisitionsReinsurance

Berkshire Hathaway reports US$45.9 billion in insurance premiums earned for 2016, up more than US$4 billion from 2015

February 27, 2017 by Canadian Underwriter

Berkshire Hathaway Inc. has reported insurance premiums earned for 2016 of US$45.88 billion, up from US$41.29 billion in 2015. Omaha-Neb.-based Berkshire Hathaway has also reported Insurance-underwriting operating earnings of US$548 million for the fourth quarter of 2016 ending Dec. 31,

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Zurich’s net income after tax attributable to shareholders up 342% in Q3 2016

November 10, 2016 by Canadian Underwriter

Zurich Insurance Group has reported net income after tax attributable to shareholders (NIAS) of US$912 million for the third quarter of 2016 ending Sept. 30, up 342% from US$207 million in the same quarter in 2015. For the nine months

News Earnings / RatingsInsuranceMergers and Aqcuisitions

AIG reports net income of US$462 million for Q3 2016 compared to net loss of US$231 million in Q3 2015

November 3, 2016 by Canadian Underwriter

American International Group, Inc. (AIG) has reported a net income of US$462 million for the third quarter of 2016 ending Sept. 30 compared to a net loss of US$231 million in the prior-year quarter. Net income during the quarter included

News Earnings / RatingsInsurance

Kingsway Financial Services reports operating loss of US$1.1 million for Q2 2016, slight operating income for underwriting segment

July 22, 2016 by Canadian Underwriter

Toronto-based Kingsway Financial Services Inc. has reported an operating loss of US$1.1 million for the second quarter of 2016 ending June 30, compared to US$2.5 million for the second quarter of 2015. Kingsway released its financial results on Friday, indicating