Insurance

Aviva plc in North America had an operating profit of $355 million in the first six months of the year, the company said today.

That compares with an operating profit of $320 million a year …

American Equity Investment Life Holding Co. reported second-quarter net income of $18.27 million, compared with a net loss of $1.5 million the previous year.

The company reported operating income of $29.01 million, down from $29.2 …

Nick Gerhart, vice president of compliance and regulatory affairs for Midland National Life Insurance Co. in Sioux Falls, S.D., received the National Underwriters’ Elite Award for Regulatory Advocacy. Gerhart received the award for work in …

Marsh & McLennan Cos. Inc. reported second-quarter net income of $282 million, a 19 percent increase from $326 million reported in the prior year period. Earnings per share increased 16 percent to 50 cents from …

Fitch Ratings said today the agreement to raise the borrowing capacity of the United States means the risk of a sovereign default is “extremely low” and commensurate with a AAA rating. However, Fitch pointed out …

Dave Southwell, executive vice president, chief financial officer and treasurer at Wellmark Blue Cross and Blue Shield, will retire in September, with David Brown succeeding him in the positions, the company announced today. Southwell has …

Principal Financial Group Inc. reported operating earnings of $237.3 million for the second quarter of 2011, compared with $190.4 million for the same period last year. Operating earnings per share were 73 cents, compared with …

Stocks fell for a sixth consecutive trading day on Monday following the weaker-than-expected U.S. manufacturing data and uncertainty over the debt deal in Washington, Reuters reported.

Health-care stocks were among the worst performers as investors …