Co-Operators 2-Q Earnings Rise On Underwriting Gain

Canadian Underwriter - Vol. 71 Nbr. 9, September 2004

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Summary:

Co-operators General Insurance Co. saw its net income rise to $38 million ($1.74 a share) for the second quarter ending June 2004 on the back of a 5% reduction in the company's combined ratio. Co-operators posted a combined ratio of 92.8% for the second quarter of this year compared with the 97.8% ratio reported a year ago.

Headnotes:

Extract:

Co-Operators 2-Q Earnings Rise On Underwriting Gain

Co-operators General Insurance Co. (TSX: CCS.PR.A) saw its net income rise to $38 million ($1.74 a...



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