Insurance Brokers

(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 is likely to continue. Additionally, the... 

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 is likely to continue. Additionally, the... 

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 business acquired through the Hilb Rogal and... 

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 quarter. Operating earnings in the reported... 

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 Health’s operating earnings in the reported... 

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 quarter. Catalyst Health’s adjusted... 

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 million shares and the remaining 1 million shares will... 

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, is part of the Amabubesi Group, a South African... 

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. Adjusted net income from continuing operations... 

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 by strong revenues in the Risk and Insurance Services... 

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 (HBC). The company arrived at this agreement with HIBL in... 

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 the highly-regarded brokerage firms in the... 

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 many interested bidders such as Carlyle Group, Apax... 

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 Revenue for the fourth quarter of 2009 came in at $748 million... 

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, results were up compared with the prior-year... 

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. Mercer is a human resource consulting firm,... 

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 and shares, is set to be finalized for about... 

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 Analysts continue to raise estimates for the Chinese Insurance company. In the past 30 days, 4 upward revisions were submitted by the 3 covering... 

30Nov2009 | | 0 comments | Continued

(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 were just a penny short of the Zacks Consensus... 

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 companies. The company distributes to China’s developed region and large cities. Revues... 

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 were also far ahead of the prior-year period’s... 

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. All of the 2010 notes... 

3Oct2009 | | 0 comments | Continued

(EHTH) Is eHealth Getting Ahead of Itself?

It’s been a rather quiet quarter for eHealth, Inc. (NASDAQ: EHTH), the nation’s leading online source of health insurance for individuals, families and small businesses. With their upcoming earnings for Q1/2009 set to be released after the market closes on April 28th, we’ll... 

23Apr2009 | | 0 comments | Continued

(EHTH) eHealth Q4/2008 Earnings: A Beacon of Light In a Tumultous Market

eHealth (NASDAQ: EHTH), the leading provider of Internet-based insurance agency services to individuals, families, and small businesses primarily in the United States, announced solid Q4 and full year 2008 earnings after the market closed tonight. Everything from customer acquisition... 

13Feb2009 | | 0 comments | Continued

(EHTH) eHealth 2008 Earnings Preview: How Is the Economy Affecting Health Insurance?

It’s been a rather quiet quarter for eHealth, Inc. (NASDAQ: EHTH), the nation’s leading online source of health insurance for individuals, families and small businesses. With their upcoming earnings for Q4/2008 and full year 2008 set to be released after the market... 

2Feb2009 | | 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 (NASDAQ: EHTH), the leading provider of Internet-based insurance agency services to individuals, families, and small businesses primarily in the United States, recently announced their Q3/2008 earnings on October 30th. While it appears eHealth is seeing some of the same... 

6Nov2008 | | 0 comments | Continued