Another Banner Year Seen by 5 Publicly Traded Insurance Brokers in 2023 February 9, 2024 By L.S. Howard Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown...
Allstate Reverses Q4 Loss With Benefit of Low Cat Losses, Auto Rate Increases February 8, 2024 Allstate Corp. fourth quarter 2023 net income attributable to common shareholders was about $1.5 billion, reversing a loss of $303...
Weekly Q4 2023 Earnings Wrap: The Hartford, The Hanover, Markel, and Selective February 2, 2024 By Chad Hemenway The Hartford said fourth quarter net income available to common stockholders increased 30% to $766 million. The insurer ended the...
Record Q4 at Chubb Ends Historic, ‘Blowout Year’ January 31, 2024 By Chad Hemenway Record fourth quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during...
With One Month to Go, Progressive’s Yearly Combined Ratio Hit Target of 96 December 18, 2023 By Chad Hemenway Progressive Corp. has achieved its combined ratio goal of 96, according to its release of November and year-to-date results. On...
Reinsurers’ Earnings Rise on Lower Disaster Losses, Improved Investment Results: Fitch November 21, 2023 Lower natural catastrophe losses, a better investment result and strong revenue growth in property/casualty reinsurance led to strong earnings’ increases...
Liberty Mutual Records $219M Q3 Net Income November 9, 2023 Liberty Mutual Holding Co. on Thursday reported third quarter net income of $219 million, reversing a loss of $353 million...
Berkshire Hathaway Reports $12.8B Loss as Investments Fall; Insurance Performed Well November 6, 2023 By Josh Funk Warren Buffett`s company has reported a nearly $13 billion loss in the third quarter as the paper value of its...
Lemonade Expects to Be in the Black Within Three Years November 3, 2023 By Susanne Sclafane While Lemonade is still burning cash and reported a net loss on the bottom line of its third-quarter income statement,...
Progressive in a Better Place With Reserve Boosts Done, CEO Says November 2, 2023 By Susanne Sclafane Shoring up loss reserves and adding “the premium equivalent” of a top 8 personal auto insurer to its books has...