Tag Archives: AEG

Lincoln National (NYSE:LNC) Profit Tumbles in First Quarter

Lincoln National Corporation (NYSE:LNC) reported fiscal Q1 profit tumbled 1.6 percent, mainly hurt by higher-than-forecasted mortality in its individual and group life units.

Lincoln announced a profit of $239 million, low from a profit of $243 million in previous year. …

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Allstate (NYSE:ALL) First Quarter Profit Plunges 7.4% on Higher Catastrophe Losses – ALL, SAFT, AEG, BRK.A

The Allstate Corporation (NYSE:ALL) announced fiscal Q1 earnings tumbled 7.4 percent as the company booked higher catastrophe losses. But, the insurance company beat Wall Street forecasts.

Northbrook, Illinois based Allstate announced stronger bottom-line results for fiscal Q1 of previous year, …

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AIG (NYSE:AIG) Property-Casualty Operation Chief Peter Eastwood Departs – AIG, AFG, OB, AEG

American International Group Inc’s (NYSE:AIG) chief executive officer of Americas property-casualty business Peter Eastwood has departed the insurer with 3 other managers.

New York-based AIG spokesperson Matt Gallagher announced John Doyle, head of financial giant’s global commercial unit, will assume …

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Charles Schwab (NYSE:SCHW) Stock Tumbles after Weak Results – SCHW, AEG, BAC, SEIC

Charles Schwab Corp’s (NYSE:SCHW) stock moved down on Monday after the company announced net income that came in lower than estimates, mainly because of trading activity that was more muted than forecasted regardless of a run-up in the stock market …

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Genworth Financial (NYSE:GNW) Agrees to Sell Wealth Management Unit; $412.5 Million Pact – GNW, AEG, CNO, AAME

The Richmond, Virginia-based Genworth Financial Inc (NYSE:GNW) announced on Wednesday that it has decided to sell its wealth management unit to private equity firms Aquiline Capital Partners LLC and San Francisco-based Genstar Capital LLC for $412.5 million.

The company announced …

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Aviva (NYSE:AV) Report Sharp Drop in Full Year Profit; Lowers Dividend – AV, PUK, AEG, MFC

Aviva Plc (ADR) (NYSE:AV) on Thursday announced a sharp drop in pre-tax profit for FY 2012, mainly because of write-downs resulted from agreed sale of its US business. The Insurer also lowers its final dividend. Shares of the insurer plunged …

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