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KBRA Assigns Issuer Rating to Universal, as Q1 Results Mark ‘Fantastic’ Start to 2026
May 4 2026 // KBRA, the Kroll Bond Rating Agency, has assigned a BBB issuer rating to Universal Insurance Holdings, along with a BBB credit rating, ahead of the Florida insurance holding company’s refinance of $100 million in...
Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows
May 1 2026 // Commodity trader Mercuria is suing the Baltic Exchange, the world’s top provider of benchmark shipping indices, over losses it said were caused by oil tanker pricing data that did not account for the effective...
AIG Underwriting Income More Than Triples in Q1
May 1 2026 // First quarter 2026 underwriting income in American International Group’s (AIG) General Insurance segment increased nearly 220% compared with the prior year, to $774 million. Financial results for the first three...
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
Apr 30 2026 // Insurtech Hippo reversed a first quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total catastrophe losses of $53.4...
Allstate Q1 Net Income Skyrockets on Underwriting Gains
Apr 30 2026 // Allstate Corp. first quarter 2026 net income applicable to common shareholders more than quadrupled compared with the same time a year ago, due to a large gain in underwriting income. Net income was $2.4 billion for Q1...
Lemonade Logs Q1 Net Loss With Topline Growth
Apr 29 2026 // Insurtech Lemonade reported a first quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth was positive, with 159%...
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