Bermuda-based self-insurance services provider CRM Holdings, Ltd., reported net income in the fourth quarter increased 113 percent on growth in its reinsurance and primary insurance business.
CRM, which concentrates on providing products and services for workers' compensation risk management, reported net income rose $2.2 million in the quarter, from $2 million to $4.2 million.
Earnings per share stood at 26 cents, up from 18 cents in 2005. Revenues rose 98 percent, or $13.2 million, from $13.4 million to $26.6 million.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 2025 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.
