Property and Casualty Insurance Companies Report Financial Results - Research Report on AIG, Markel, Loews, Sun Life Financial,

Property and Casualty Insurance Companies Report Financial Results - Research
          Report on AIG, Markel, Loews, Sun Life Financial, and MBIA

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, August 23, 2013

NEW YORK, August 23, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting American
International Group, Inc. (NYSE: AIG), Markel Corp. (NYSE: MKL), Loews
Corporation (NYSE: L), Sun Life Financial Inc. (NYSE: SLF), and MBIA Inc.
(NYSE: MBI). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

American International Group, Inc. Research Report

On August 1, 2013, American International Group, Inc. (AIG) released financial
results for Q2 2013. Net income attributable to AIG was $2.7 billion, or $1.84
per diluted share, in Q2 2013, compared to a net income of $2.3 billion, or
$1.33 per diluted share, in Q2 2012. Commenting on the results, Robert H.
Benmosche, President and CEO of AIG, stated, "AIG's solid performance this
quarter demonstrates the strength of our diverse global operations. These
results underscore our businesses' strong fundamentals and reflect our
continued commitment to meeting and exceeding the expectations of our
customers across all facets of our organization." The Full Research Report on
American International Group, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-08-13/AIG]

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Markel Corp. Research Report

On August 7, 2013, Markel Corp. (Markel) reported financial results for Q2
2013. Markel reported diluted net income per share of $2.24 during the
quarter, which was down compared to diluted net income per share of $8.42 in
Q2 2012. Commenting on the results, Alan I. Kirshner, Chairman and CEO of
Markel, said, "We completed the acquisition of Alterra on May 1, 2013, which
was accretive to book value and tangible book value per share. While our
consolidated underwriting results for the quarter were significantly impacted
by transaction costs and acquisition-related expenses, the underwriting
results of our legacy Markel operations for the quarter were strong,
reflecting a 17% increase in gross premium volume and a combined ratio of
89%." Kirshner added, "With invested assets of approximately $17 billion and
over $6 billion in shareholders' equity, the new Markel is well-positioned to
take advantage of a wide range of opportunities in our insurance,
non-insurance and investment operations." The Full Research Report on Markel
Corp. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-13/MKL]

--

Loews Corporation Research Report

On July 29, 2013, Loews Corporation (Loews) released its financial results for
Q2 2013, with revenues totaling $3.7 billion, an increase of 9.9% YoY. Net
income attributable to Loews stood at $269 million, or $0.69 per diluted
share, in Q2 2013, compared to $56 million, or $0.14 per diluted share, in Q2
2012. Loews stated that the Company's book value per share excluding
accumulated other comprehensive income (AOCI) grew to $49.26 at June 30, 2013
from $47.42 at June 30, 2012. The Full Research Report on Loews Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-13/L]

--

Sun Life Financial Inc. Research Report

On August 7, 2013, Sun Life Financial Inc. (Sun Life Financial) reported
financial results for Q2 2013. Total revenue from continuing operations was
down 76.5% YoY to $1.2 billion. Operating net income from continuing
operations was $431 million, or $0.71 operating earnings per diluted share
from continuing operations, in Q2 2013, compared to $250 million, or $0.42
operating earnings per diluted share from continuing operations, in Q2 2012.
Dean Connor, President and CEO of Sun Life Financial, said, "Sun Life had a
very strong quarter. We continued to execute consistently against our four
pillar strategy. Wealth sales and insurance sales each recorded increases of
32% and assets under management grew almost $58 billion to over $590 billion.
We also benefited from favourable market conditions." The Full Research Report
on Sun Life Financial Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-13/SLF]

--

MBIA Inc. Research Report

On August 7, 2013, MBIA Inc. (MBIA) reported Q2 2013 financial results.
According to the Company, its consolidated total Q2 2013 revenue included $182
million of net losses on the fair value of insured derivatives compared with
$775 million of net gains in Q2 2012. Net loss was $178 million, or $0.92 per
diluted share, in Q2 2013, compared to net income of $581 million, or $2.98
per diluted share in Q2 2012. Commenting on the results, MBIA President and
CFO, Chuck Chaplin, stated, "The second quarter brought a close to the
challenges to the formation of National brought by a bank group, the
elimination of nearly $18 billion of insured exposure, which included $11
billion of highly potentially volatile CMBS and ABS CDO exposures, the
collection of almost three quarters of the put-back recoverables on our
balance sheet at year-end 2012, and an agreement that should result in the
eventual receipt of approximately $796 million of additional put-back
recoverables related to our ResCap exposure." The Full Research Report on MBIA
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
[http://www.investorsreports.com/report/2013-08-13/MBI]

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