P/C Insurers’ Underwriting Income Fell 53% in First Quarter: AM Best June 4, 2021 The U.S. property/casualty (P/C) industry saw its net underwriting income fall in first-quarter 2021 by 53% as compared with the...
The Highs, Low of Agency Q1 Profitability and the Post-Pandemic Path Forward: Reagan May 25, 2021 Insurance agencies reported a couple of highs and a low in first quarter profitability results, according to the latest Reagan...
Zurich Insurance Expects Limited Exposure to Greensill Collapse May 12, 2021 By Carolyn Cohn and Michael Shields Zurich Insurance does not expect to have a major exposure to the failure of supply chain financing firm Greensill Capital,...
AIG Reports Strong First Quarter May 7, 2021 American International Group (AIG) reported strong underwriting and investment results in in its General Insurance and its Life and Retirement...
Hiscox Q1 Overall Growth Offsets U.S., Cyber Repositionings May 5, 2021 Hiscox Ltd reported gross written premiums up 6.3% to $1,256.6 million, with growth in Hiscox London Market, Hiscox Europe and...
Swiss Re Scores Profit Despite COVID Death Claims, Catastrophe Losses May 3, 2021 By Andrew G. Simpson Swiss Re reported consolidated net income of USD 333 million in the first quarter of 2021, despite heightened losses in...
Chubb CEO Sees ‘Outstanding’ Q1 and Lots of Options for Growth Without Hartford April 29, 2021 By Andrew G. Simpson Chubb reported sizable net income of $2.30 billion in the first quarter of 2021 versus $252 million for the prior...
W.R. Berkley Reports Gains for Q1 April 23, 2021 W.R. Berkley Corp. reported record quarterly underwriting income, double-digit premium growth and healthy rate increases in the first quarter. The...
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins April 23, 2021 By Mark Hollmer The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and...
Argo Group Estimates Q1 2021 Catastrophe Losses of $47 Million April 22, 2021 Bermuda-based Argo Group International Holdings Ltd. announced estimated catastrophe losses of approximately $47 million for the first quarter of 2021....