‘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...
Allstate Turns in Net Income of $1.2B After Q3 Hurricanes October 31, 2024 By Chad Hemenway Allstate Corp. said its net income attributable to common shareholders for the third quarter was about $1.2 billion compared to...
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...
Liberty Mutual Estimates Up to $900M in Losses From Helene and Milton October 28, 2024 Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty...
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...
China’s Ping An Insurance Posts 36.1% Rise in 9-Month Profit October 21, 2024 Ping An Insurance (Group) Co. of China Ltd. reported on Monday a 36.1% rise in net profit in the first...
Allstate Reports $1.7B in Q3 Pretax Catastrophe Losses, $630M From Helene October 17, 2024 Allstate Corp. doesn’t announce third quarter earnings until Halloween but today it released some scary September pretax catastrophe losses. In...
Marsh McLennan Reports 6% Increase in Q3 Revenue October 17, 2024 By L.S. Howard Insurance broker Marsh McLennan reported a 6% increase in third quarter consolidated revenue to $5.7 billion, while revenue increased 5%...
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...