Insurance Brokers

(WSH) Willis Group Holdings Launches Pvt Insurance Exchange

A unit of Willis Group Holdings (WSH) – Willis North America has launched a private insurance exchange, The Willis Advantage to enhance its health and welfare operations.

The exchange aims at addressing the underlying costs...

2Oct2013 | | Comments Off on (WSH) Willis Group Holdings Launches Pvt Insurance Exchange | Continued

(WSH) Aon Increases Dividend by 11%

Recently, the board of Aon plc (AON) approved an 11% hike in its annual dividend on Class A Ordinary Shares to 70 cents per share from 63 cents paid earlier. This translates into a quarterly cash dividend of 17.5 cents per share, increasing...

3May2013 | | Comments Off on (WSH) Aon Increases Dividend by 11% | Continued

(WSH) Willis Group Holding PLC Sees Rating Action

Standard & Poor’s Ratings Services (“S&P”) reiterated the ‘BBB-‘ counterparty credit rating, on Willis Group Holding PLC (WSH).  The rating was downgraded to stable from positive.

The rating affirmation...

18Sep2012 | | Comments Off on (WSH) Willis Group Holding PLC Sees Rating Action | Continued

(WSH) Willis Group Holdings Beats Forecasts – Misses Top Line

Willis Group Holdings plc (WSH) reported second-quarter 2012 adjusted net income from continuing operations of 59 per share, beating the Zacks Consensus Estimate by a penny. Results were 3% lower than 61 cents earned in the year-ago...

21Aug2012 | | Comments Off on (WSH) Willis Group Holdings Beats Forecasts – Misses Top Line | Continued

(CHSI) SXC Health Solutions to Buy Catalyst Health

On Wednesday, Catalyst Health Solutions Inc. (CHSI) announced that it has entered into a $4.4 billion takeover agreement with rival pharmacy benefits management (PBM) company, SXC Health Solutions Corp. (SXCI)....

21Apr2012 | | Comments Off on (CHSI) SXC Health Solutions to Buy Catalyst Health | Continued

(BRO) Company News for February 7, 2012 – Corporate Summary

•    Pharma company Depomed Inc’s. (NASDAQ:DEPO) shares advanced 5.37% after the company said it would receive royalties from Merck & Co’s (NYSE:MRK) type 2 diabetes drug, Janumet...

7Feb2012 | | 0 comments | Continued

(WSH) Willis Group Holdings Plc – Bear of the Day

We are downgrading our recommendation on Willis Group Holdings, Plc (WSH) to Underperform from Neutral due to the headwind from The Loan Protector business that is expected to weigh on North American results. The soft insurance market...

7Dec2011 | | 0 comments | Continued

(WSH) Willis Group Holdings Plc – Bear of the Day

We are downgrading our recommendation on Willis Group Holdings, Plc (WSH) to Underperform from Neutral due to the headwind from The Loan Protector business that is expected to weigh on North American results. The soft insurance market...

30Nov2011 | | 0 comments | Continued

(WSH) Willis Group Holdings Analyst Downgrades Shares

We are downgrading our recommendation on Willis Group Holdings plc (WSH) to Underperform from Neutral due to the headwind from The Loan Protector business that is expected to weigh on its North American results.

The Loan Protector...

28Nov2011 | | 0 comments | Continued

(CHSI) Catalyst Health Solutions Beats Estimates

Catalyst Health Solutions Inc. (CHSI) reported third-quarter operating earnings of 63 cents per share, beating the Zacks Consensus Estimate of 61 cents. The results also compare favorably with earnings of 51 cents in the prior-year...

2Nov2011 | | 0 comments | Continued

(CHSI) Catalyst Health Solutions Performs Well

Catalyst Health Solutions Inc. (CHSI) reported second-quarter operating earnings of 53 cents per share, at par with the Zacks Consensus Estimate. The results compare favorably with earnings of 46 cents in the prior-year quarter.

Catalyst...

5Aug2011 | | 0 comments | Continued

(CHSI) Catalyst Health Solutions First Quarter 2011 Earnings Soar!

Catalyst Health Solutions Inc. (CHSI) reported first-quarter 2011 adjusted earnings of 52 cents per share, surpassing the Zacks Consensus Estimate of 50 cents. The results also compare favorably with earnings of 41 cents in the prior-year...

9May2011 | | 0 comments | Continued

(CHSI) Catalyst Health Solutions Prices 5.5 Million Share Offering

Catalyst Health Solutions, Inc. (CHSI) has priced its public offering of 5.5 million shares of common stock at a price of $53.00 per share.

According to the Securities and Exchange Commission, Catalyst Health will sell 4.5...

13Apr2011 | | 0 comments | Continued

(WSH) Willis Group Buys Stake in South Africa

Willis Europe BV, a division of  Willis Group Holdings plc (WSH), announced that Willis South Africa has acquired 22.5% of the equity in Amabubesi Consulting Services (ACS).

ACS, a specialist employee benefits consulting business,...

8Apr2011 | | 0 comments | Continued

(WSH) Willis Group Holdings’ Earnings Result Beats The Street

Willis Group Holdings plc (WSH) reported its fourth-quarter 2010 adjusted net income from continuing operations of 57 cents, beating the Zacks Consensus Estimate by 2 cents. Results are ahead of 47 cents earned in fourth-quarter 2009....

14Feb2011 | | 0 comments | Continued

(MMC) Marsh & McLennan Companies Report In Line With Consensus

Marsh & McLennan Companies Inc. (MMC) announced first quarter adjusted earnings of 51 cents per share, which was in line with the Zacks Consensus Estimate and also up from 39 cents in the year-ago quarter.

Results were aided...

5May2010 | | 0 comments | Continued

(MMC) Marsh & McLennan Company Acquires HSBC Insurance

Expanding its insurance portfolio, Marsh & McLennan Co. Inc. (MMC) announced on Wednesday the completion of its acquisition of HSBC Insurance Brokers Ltd (HIBL), a London-based wholly owned subsidiary of HSBC Bank...

5Apr2010 | | 0 comments | Continued

(MMC) Marsh & McLennan Companies Unit Acquires Thomas Rutherfoord

In an attempt to grow its insurance business nationally, Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh & McLennan Companies Inc. (MMC) announced the acquisition of Thomas Rutherfoord, Inc., one of...

18Mar2010 | | 0 comments | Continued

(MMC) Marsh & McLennan Puts Its Kroll Division Up For Sale

According to the Financial Times on Monday, Marsh & McLennan Companies Inc. (MMC) has put up Kroll, its corporate investigations wing, for sale for approximately $1.3 billion (£864 million). The announcement has attracted...

9Mar2010 | | 0 comments | Continued

(CHSI) Catalyst Health Solutions Reports Earings in Line With Consensus

Catalyst Health Solutions, Inc.  (CHSI) reported fourth-quarter 2009 earnings of 41 cents per share, in line with the Zacks Consensus Estimate. The company earned 33 cents in the year-ago quarter.

Quarterly Results

24Feb2010 | | 0 comments | Continued

(WSH) Willis Group Holdings Limited Reports Earnings Almost In Line

Willis Group Holdings Limited (WSH) reported fourth quarter earnings of 47 cents per share. Results were just a cent short of the Zacks Consensus Estimate of 48 cents. Most of the items were in line with our expectations.

However,...

5Feb2010 | | 0 comments | Continued

(MMC) Marsh & McLennan Unit Mercer Hit by $2.8 Billion Lawsuit

On Dec 17, 2009, Mercer (US) Inc., a unit of Marsh & McLennan Companies Inc. (MMC) was sued by the Alaska Retirement Management Board (state agency) for making significant errors while estimating its liabilities for pension plans....

22Dec2009 | | 0 comments | Continued

(MMC) Marsh & McLennan to Buy HSBC Insurance

Expanding its insurance portfolio, Marsh & McLennan Co. Inc. (MMC) announced on Friday its decision to acquire HSBC Insurance Brokers Ltd (HIBL), a London-based wholly owned subsidiary of HSBC Bank. The deal, comprising both cash...

22Dec2009 | | 0 comments | Continued

(CISG) CNinsure, Inc. – Year-Over-Year Growth Rates are Expected to be 45%

CNinsure Inc. (CISG) is volatile but has posted great returns since being featured as a Zacks Rank Buy in late October.

More Revisions

(AOC) Aon Corporation Lags on Brokerage Revenue

Aon Corporation’s (AOC) third quarter 2009 adjusted operating earnings (excluding non-recurring items) came in at 65 cents per share, compared to 76 cents per share in the prior quarter and 69 cents in the year-ago quarter. Results...

2Nov2009 | | 0 comments | Continued

(CISG) CNinsure Inc. – Rapid Growth in Hot Chinese Economy

CNinsure Inc. (CISG) is poised for growth in a red hot Chinese economy.

Company Description

CNinsure sells property, casualty, and life insurance products that are underwritten by other...

1Nov2009 | | 0 comments | Continued

(WSH) Willis Group Holdings Limited Reports Earnings Ahead of Estimates

Willis Group Holdings Limited (WSH) reported third-quarter earnings of 46 cents per share. Excluding certain items, adjusted earnings were 53 cents. Results were significantly ahead of the Zacks Consensus Estimate of 38 cents. Results...

27Oct2009 | | 0 comments | Continued

(WSH) Willis Group Holdings Limited Finalizes Tender Offer

Willis North America Inc., a subsidiary of Willis Group Holdings Limited (WSH), today announced the final results of its cash tender offer to purchase any and all of its 5.125% senior notes due 2010.

The net proceeds from the offer came to $159,788,000....

3Oct2009 | | 0 comments | Continued

(BRO) Brown & Brown – net profit margin of 14% tops the industry average of 10%

Brown & Brown, Inc. (BRO) has been faring well lately, while other financial companies continue to struggle. The Zacks #1 Rank (“strong buy”) company boasts strong fundamentals as it expands through acquisitions.

Company Description

Brown & Brown, Inc. and its subsidiaries...

29Jan2009 | | 0 comments | Continued

(EHTH) eHealth Q3/2008 Earnings: Still Solid Despite Economic Outlook

eHealth LogoeHealth (NASDAQ: EHTH), the leading provider of Internet-based insurance agency services to individuals, families, and small businesses primarily in the United...

6Nov2008 | | 0 comments | Continued