AXA Earnings Beat Estimates as it Avoids Worst of Los Angeles Fire Claims February 27, 2025 By Mathieu Rosemain French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies, fewer claims and...
Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires February 27, 2025 By Tom Sims and Paul Arnold Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires February 26, 2025 By Tom Sims and Alexander Hübner Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
WTW Reports Net Loss in 2024 With Organic Revenue Growth of 5% February 4, 2025 By L.S. Howard WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million...
Aon Reports Organic Growth of 6% for 4th Quarter and Full-Year 2024 January 31, 2025 By L.S. Howard Aon reported net income attributable to shareholders of $716 million during the fourth quarter, a 44% increase from the $498...
Marsh McLennan Reports Organic Growth of 7% During Q4 and Full-Year 2024 January 30, 2025 By L.S. Howard Marsh McLennan reported fourth quarter net income of $788 million, compared with $756 billion during Q4 2023. For the full-year...
Net Income at Selective Insurance Drops on Unfavorable Casualty Reserve Development January 30, 2025 By Chad Hemenway Selective Insurance Group reported a 24% drop in fourth quarter 2024 net income as its chief executive admitted the year...
Generali to Pay Out Over €7 Billion in Dividends by 2027 January 30, 2025 By Sonia Sirletti Assicurazioni Generali SpA plans to return more than €7 billion ($7.3 billion) in dividends and buy back at least €1.5...
Progressive Net Income More Than Doubles in 2024 January 29, 2025 Progressive Corp. said its fourth quarter 2024 income increased 19% to about $2.4 billion compared to the same period the...
Where Homeowners Rates Are Rising—and Who Is Raising Them Most January 24, 2025 According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and...