Artificial intelligence-powered insurer Lemonade recorded a net loss of $67.2 million for the second quarter compared with a net loss...
earnings News
Insurtech Root Inc. posted a another net loss for the second quarter 2023 of about $37 million. The loss was...
Allstate Corp. reported net catastrophe losses of $2.7 billion in the second quarter, resulting in a net loss for the...
American International Group saw second quarter growth in net premiums written in its general insurance segment to $7.5 billion, a...
Drawing analogies to an epic tennis match and the hands of a clock, the leader of Bermuda-based Arch Capital declared...
Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty (P&C) segment...
The Hartford said second quarter net income was $542 million, an increase of 23% compared with the same period a...
Second-quarter net income at broker WTW was down 16%, compared to the same period a year ago, to $96 million....
Chubb second-quarter net income went up 50.7% to nearly $1.8 billion and its property/casualty combined ratio came in at 85.4....
The fact is, catastrophe losses are a part of an insurers’ financial results and not a line item to be...