Swiss Re Profits Up Despite Losses from California Wildfires May 16, 2025 By Noele Illien Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance...
Markel Insurance CEO Wilson Lays Out Strategy for ‘Bread-and-Butter’ E&S Business May 13, 2025 By Susanne Sclafane “You can’t cut yourself to greatness.” Simon Wilson, chief executive officer of Markel Insurance, made the simple statement at a...
German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims May 13, 2025 By Tom Sims and Alexander Hübner Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7...
Liberty Mutual Q1 Net Income Down 33% May 8, 2025 Liberty Mutual Holding Company Inc. booked consolidated first quarter 2025 net income of about $1 billion, down about 33% from...
Zurich Insurance P/C Revenue Rises in 1st Quarter; Targets Affirmed May 8, 2025 By Paolo Laudani Zurich Insurance reported higher first-quarter revenue and gross written premiums at its core property/casualty (P/C) business on Thursday, maintaining its...
Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow May 6, 2025 By Chad Hemenway Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million...
Q1 Net Income at CNA Financial Down 19% May 5, 2025 CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago....
Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI May 5, 2025 By Susanne Sclafane He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the...
AIG Q1 Underwriting Income More Than Halved on Wildfire Losses May 1, 2025 By Chad Hemenway First quarter underwriting income in AIG’s General Insurance segment dropped 59% compared to last year, to $243 million. The unit—North...
The Hanover Reports 11% Growth in Q1 Net Income May 1, 2025 By Chad Hemenway First quarter net income for The Hanover Group grew to $128.2 million compared to $115.5 million during the same period...