Symetra Financial (SYA) Misses Q2 EPS by 2c
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Symetra Reports Second Quarter 2015 Results and Announces Special Dividend of $0.50 Per Share
July 30, 2015 4:10 PM EDTRetirement achieved record $1 billion in sales; Individual Life also posted strong sales growth. Benefits loss ratio of 66.3% was in the target range on a larger premium base. Deferred Annuities account values grew to $16.3 billion, from $14.3 billion a year ago, driving significant incremental investment margin. Second quarter 2015 had net realized losses of $28.6 million, while second quarter 2014 had net realized gains of $25.3 million. Tax credit investment strategy contributed to a tax benefit for the quarter.
BELLEVUE, Wash.--(BUSINESS WIRE)-- Symetra... More
