Several more companies in the life insurance industry and related industries released earnings this week.
Nationwide Mutual Insurance Company, Columbus, Ohio
1Q 2011 Results
NET INCOME: $512 million
REVENUE: $5.2 billion
1Q 2010 Results
NET INCOME: $396 million
REVENUE: $5.1 billion
- The financial services unit is reporting $128 million in operating income for the latest quarter on $4.8 billion in premiums and deposits, up from $114 million in operating income on $4.3 billion in premiums and deposits for the first quarter of 2010.
FBL Financial Group Inc., West Des Moines, Iowa (NYSE:FFG)
1Q 2011 Results
NET INCOME: $26 million
REVENUE: $291 million
1Q 2010 Results
NET INCOME: $18 million
REVENUE: $269 million
- The Farm Bureau Life distribution channel traditional annuity sales increased 52%; variable annuity sales fell 27%, because of a company decision to discontinue variable annuity sales.
Independence Holding Company, Stamford, Conn. (NYSE:IHC)
1Q 2011 Results
NET INCOME: $3.2 million
REVENUE: $104 million
1Q 2010 Results
NET INCOME: $16 million
REVENUE: $116 million
- Roy Thung, the chief executive officer, says the medical stop-loss market seems to be hardening.
American Independence Corp., New York. (Nasdaq:AMIC)
1Q 2011 Results
NET INCOME: $1.1 million
REVENUE: $22 million
1Q 2010 Results
NET INCOME: $1 million
REVENUE: $23 million
Hooper Holmes Inc., Basking Ridge, N.J. (NYSE Amex:HH)
1Q 2011 Results
NET INCOME: $57,000 loss
REVENUE: $41 million
1Q 2010 Results
NET INCOME: $704,000 loss
REVENUE: $42 million
Ebix Inc., Atlanta (Nasdaq:Ebix)
1Q 2011 Results
NET INCOME: $15 million
REVENUE: $40 million
1Q 2010 Results
NET INCOME: $12 million
REVENUE: $32 million
- Allison Bell
Other Earnings Coverage from National Underwriter Life & Health:
- Earnings: MetLife, Prudential, AIG, Hartford, Principal, Genworth, Protective, FBL, American Equity, Phoenix, Primerica, Unum, CNO, CIGNA, Humana, Coventry, Centene, Health Net, Triple-S, NFP, Brown
- Earnings: Ameriprise, Lincoln, Torchmark, Symetra, RGA, Aflac, Assurant, Universal, Magellan, StanCorp, WellPoint, Aetna, Coventry, HealthSpring, Centene, Aon, EHealth
- Earnings: UnitedHealth, Molina
- Analysts Hold Breath as Earnings Season Nears
- President Life Releases Earnings
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