Reliance Group Holdings Inc.: The insurance and...
- Share via
From Times Staff and Wire Reports
Reliance Group Holdings Inc.: The insurance and investment company reported a net loss of $61.7 million in the third quarter, contrasted with an $11.6-million profit a year ago. Revenue rose 33% to $1.05 billion. The New York firm said the results included pretax losses on investments of $81.9 million due to writedowns and sales of certain fixed income and equity securities.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
