Friday, OneBeacon Insurance Group Ltd. (OB,OBIG) said its third-quarter net income attributable to the company's shareholders was $108.6 million or $1.14 per share compared with a loss of $210.3 million or $2.21 per share in the prior year period.
Adjusted operating income for the quarter increased to $32.2 million or $0.34 per share from $21.1 million or $0.22 per share in the year-ago period. On average, 7 analysts polled by Thomson Reuters expected the company to report earnings of $0.40 per share for the quarter.
Total revenues for the quarter soared to $650.5 million from $162.8 million in the comparable period.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.