Italy’s UnipolSai Stays on Profit Track Despite Coronavirus Resurgence November 13, 2020 UnipolSai, Italy’s second-largest insurer, confirmed its full-year targets on Friday after a 37.7% rise in nine-month earnings, despite an uncertain...
Zurich Insurance Reports Sales Growth, Higher Rates, Modest COVID-19 Claims November 12, 2020 Zurich Insurance Group saw increased commercial lines insurance sales and a modest impact from COVID-19 related claims for the first...
Liberty Mutual Reports 46% Hike in Q3 Net Income Despite Catastrophe Losses November 6, 2020 Liberty Mutual Holding Co. Inc. has reported a 46% increase in net income during the third quarter, despite elevated catastrophe...
AIG’s Profit Slumps on Q3 Catastrophe Losses November 6, 2020 American International Group Inc reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and...
Allianz Reports Unexpected Increase in Q3 Net Profit of 6% November 6, 2020 German insurer Allianz on Friday declined to provide a forecast for 2020 given uncertainty around the COVID-19 pandemic, despite delivering...
Allstate Reports 26.7% Increase in Q3 Net Income to $1.13 Billion November 5, 2020 The Allstate Corp. reported a 26.7% increase in its third quarter net income, primarily due to higher auto insurance underwriting...
Insurer RSA Says Pandemic Exclusions Will Limit Impact of England’s 2nd Lockdown November 5, 2020 By Carolyn Cohn England’s second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions,...
Kemper Reports $122.3M in Net Income During Q3 November 4, 2020 Kemper Corp.’s Q3 net income dipped slightly, though that decline would have been worse if not for after-tax gains in...
CNA Turns Q3 Profit; P/C Combined Ratio Rises Above 100% November 3, 2020 CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in...
Chubb Weathers $1 Billion in Catastrophes, Gains New Business in COVID Economy in 3Q October 29, 2020 Chubb’s net income grew by 9 percent in the 2020 third quarter, which CEO Evan Greenberg credited to rate hikes...