Printer Friendly

UNITED INSURANCE COMPANIES ANNOUNCES THIRD QUARTER RESULTS

       UNITED INSURANCE COMPANIES ANNOUNCES THIRD QUARTER RESULTS
    DALLAS, Nov. 4 /PRNewswire/ -- United Insurance Companies, Inc. (NASDAQ: UICI) reported net income for the third quarter of 1991 of $4,532,000 or $1.07 per share as compared to $3,026,000 or $0.74 per share for the same period in 1990.  Net income for 1991 included $0.22 per share of gains on sales of investments as compared to a loss of $0.01 per share in 1990.
    Net income for the nine months ended Sept. 30, 1991 was $11,469,000 or $2.75 per share compared to $7,601,000 or $1.90 per share for the corresponding period in 1990.
    A comparison of operating results for 1991 and 1990 follows:
                  UNITED INSURANCE COMPANIES, INC.
    Periods ended        Three months                Nine months
     Sept. 30         1991          1990         1991          1990
    Revenues      $ 74,312,000  $ 62,273,000  $219,312,000  $184,735,000
    Net income       4,532,000     3,026,000    11,469,000     7,601,000
    Fully diluted
     net income per
     share           $ 1.07        $ 0.74       $ 2.75        $ 1.90
    -0-      11/4/91
    /CONTACT:  Vernon R. Woelke, treasurer of United Insurance Companies, 214-960-8497/
    (UICI) CO:  United Insurance Companies Inc. ST:  Texas IN:  INS SU:  ERN SH -- NY018 -- 0614 11/04/91 09:47 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 4, 1991
Words:216
Previous Article:H-R MANAGER PATRICIA BAILLIEUL ELECTED EXECUTIVE VICE PRESIDENT OF THE BOSTON COMPANY
Next Article:ROCKING HORSE CHILD CARE CENTERS OF AMERICA REPORTS RESULTS
Topics:


Related Articles
ITT HARTFORD'S NET INCOME UP FOR THIRD QUARTER, FIRST NINE MONTHS
UNITED INSURANCE COMPANIES, INC. REPORT FINANCIAL RESULTS
AIG REPORTS THIRD QUARTER 1992 NET INCOME OF $344.6 MILLION
USLICO REPORTS THIRD QUARTER EARNINGS AND DIVIDEND
USLICO REPORTS THIRD QUARTER EARNINGS AND DIVIDEND
UNITED INSURANCE COMPANIES ANNOUNCES THIRD QUARTER RESULTS
UNICO AMERICAN REPORTS THIRD QUARTER EARNINGS OF $0.17 PER SHARE; REVENUES INCREASE 41%
USLICO REPORTS 1993 RESULTS, ANNOUNCES DIVIDEND
Erie Indemnity Company's Third Quarter Earnings Up 7.0 Percent
Royal Insurance Announces Third Quarter 1997 Financial Results

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters