Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs March 25, 2025 By L.S. Howard The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while...
Generali Posts Record Profit Ahead of Shareholder Vote on CEO Reappointment March 13, 2025 By Gianluca Semeraro Italy’s biggest insurer Generali reported on Thursday a record profit for 2024, ahead of a key shareholder vote next month...
Berkshire, Progressive Are Underwriting Profit Leaders; Industry Sets Income Record March 12, 2025 By Susanne Sclafane S&P Global Market Intelligence expects the U.S. property/casualty insurance industry to post more than $100 billion of net income for...
Liberty Mutual Q4 Income Up Nearly 90%, Year Earnings Climb March 6, 2025 Liberty Mutual Holding Co. reported fourth quarter 2024 net income of $1.2 billion – a nearly 90% increase over the...
AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years March 6, 2025 After two years of combined ratios over 110, American Family Insurance reported an underwriting profit in 2024—with a 96.6 for...
Progressive’s Margins Leave Room for Tariff Impacts: CEO March 5, 2025 By Susanne Sclafane With its 2024 combined ratio falling comfortably more than 7 points below a targeted level of 96, Progressive has room...
State Farm 2024 Underwriting Losses Shrink on Auto Results March 3, 2025 By Susanne Sclafane After reporting underwriting losses of $13 billion in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss...
Insurtech Root Finishes 2024 With First Yearly Profit February 27, 2025 By Chad Hemenway Root Inc. followed up its first ever quarterly net profit in the third quarter with another in the last quarter...
UK’s Aviva Beats Profit Estimates on Double-Digit Growth in General Insurance Premiums February 27, 2025 By Shashwat Awasthi and Yadarisa Shabong British insurer Aviva beat annual profit expectations on double-digit growth in its general insurance premiums in 2024, and said its...
AXA Earnings Beat Estimates as it Avoids Worst of Los Angeles Fire Claims February 27, 2025 By Mathieu Rosemain French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies, fewer claims and...