Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global accounting rulesetter to...
financial results News
Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023, the commercial insurance market...
Direct Line posted a 2023 operating loss as it grapples high motor claims inflation, but reinstated its dividend as the...
Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according...
Lloyd’s strong 2023 results reaffirm the primacy of underwriting, “but it’s one year and therefore not a reason for complacency,”...
Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed...
A year after recording the largest underwriting loss in the company’s 100-year history, State Farm eclipsed it in 2023. The...
Insurtech Lemonade reported a fourth quarter 2023 net loss of $42.4 million and a net loss of about $237 million...
Commissions are more certain than insurance losses. Those were not exactly the words that a Progressive executive used when he...
Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long...