05.02.2014 22:58:33
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Allied World Assurance Posts Q4 Profit - Quick Facts
(RTTNews) - Allied World Assurance Company Holdings, AG (AWH) Wednesday reported fourth-quarter profit of $137.9 million or $4.01 per share, compared to a loss of $41.1 million or $1.17 per share in the same period last year.
Operating income for the quarter was $74.5 million or $2.17 per share. On average, 10 analysts polled by Thomson Reuters expected the company to earn $2.28 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues increased to $639.43 million from $528.98 million last year. Analysts expected revenues of $531.75 million.
Net-premiums earned increased to $524.56 million from $476.24 million last year. Net-investment income totaled $47.3 million, up from $38.4 last year.
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