‘Pivotal’ Q3 Sees Insurtech Root Achieves Net Income Profit for the First Time October 31, 2024 By Chad Hemenway For the first time in the company’s history, Root Inc. recorded a quarterly net income profit. The Columbus, Ohio-based parent...
Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income October 29, 2024 Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter...
Q3 Net Income Up 18% at The Hartford October 25, 2024 Third quarter 2024 net income at The Hartford improved about 18% compared to the same period a year ago despite...
W.R. Berkley Posts Record Q3 Net Income October 22, 2024 Third quarter 2024 net income at W.R. Berkley Corp. increased to about $365.6 million compared to $333.6 million the same...
Travelers Triples Q3 Net Income, Reverses Underwriting Loss October 17, 2024 By Chad Hemenway Travelers on Thursday said third quarter net income was $1.26 billion compared to net income of $454 million during the...
Progressive More Than Doubles Q3 Net Income Despite Helene Losses October 15, 2024 By Chad Hemenway Progressive Corp. said it’s third quarter 2024 net income more than doubled compared to last year, to about $2.3 billion....
AIG’s Repositioning Affects Q2 Earnings; Underlying Underwriting Income Up 2% August 1, 2024 By Chad Hemenway The formal split of its life and retirement business Corebridge Financial resulted in a second quarter net loss of nearly...
WR Berkley CEO: Losses From Tech Outage Expected to Be ‘Manageable’ July 24, 2024 By Chad Hemenway W.R. Berkley CEO W. Robert Berkley, Jr. said the company does not see last week’s global network systems outage “being...
Progressive Q2 Net Income Skyrockets Over 320% July 16, 2024 By Chad Hemenway Progressive Corp. today reported second quarter 2024 results of about $1.5 billion and a combined ratio of 91.9. Results for...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech May 6, 2024 By Susanne Sclafane Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with...