W.R. Berkley Optimism About 2022 Comes With Caution About Workers’ Compensation February 10, 2022 By Elizabeth Blosfield Executives for commercial lines insurer W.R. Berkley Corp. indicated in a fourth quarter and full year 2021 earnings call that...
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7 Billion February 10, 2022 By Carolyn Cohn and Paul Arnold Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday,...
Pan-Nordic Insurer Sampo Reports Stronger Than Expected Q4 Earnings February 9, 2022 Finnish financial group Sampo reported stronger than expected fourth quarter earnings on Wednesday boosted by its core insurance operations, sending...
CNA Q4 Net Income Drops but Increases 74% for Full Year 2021 February 7, 2022 CNA Financial Corp. said fourth quarter 2021 net income decreased more than 30% to $266 million compared to the same...
Kemper Eyes Rate Hikes, Agency Cancellations to Regain Footing After Q4 Fall February 3, 2022 Kemper Corp. said it is taking rating and other actions, including canceling some agents, as it seeks to recover from...
Update: Marsh McLennan Q4 Net Income Jumps 100%; 6,000 Employees Added in 2021; Cyber Still Growing January 27, 2022 By Chad Hemenway Fourth quarter 2021 net income at Marsh McLennan more than doubled compared to the same period in 2020, to $803...
Progressive Q4, Full Year Net Income Drop Over 40% January 26, 2022 Fourth quarter 2021 earnings at Progressive Corp. fell 43% compared with the same time period a year ago to $962.3...
Travelers Sets Some Records With Q4 Results January 20, 2022 Insurer Travelers reported a quarterly profit of $1.3 billion, an increase of $23 million and a record for the fourth...
Investor Warburg Cuts Valuation of Ant Group by 15% to Below $200B: Source November 24, 2021 By Julie Zhu, Kane Wu and Nikhil Nainan HONG KONG – Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech...
China’s Ant Group Reports 39% Rise in Profits on Investment Gains November 18, 2021 By Patrick Winters Ant Group Co.’s profit rose an estimated 39% in the June quarter, attributed to a gain in investments as billionaire...