St. Paul Cos. Post $214 Million Profit

NU Online News Service, July 31, 10:39 a.m.EDT?The St. Paul Companies Inc. posted $214 million forits second-quarter profit, helped by strong performance of ongoinginsurance segments.

In comparison, the St. Paul, Minn.-based insurer suffered a netloss of $223 million one year ago, but that figure reflected a $380million one-time charge related to its Western MacArthur asbestossettlement.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.