Weekly Q4 2023 Earnings Wrap: The Hartford, The Hanover, Markel, and Selective February 2, 2024 By Chad Hemenway The Hartford said fourth quarter net income available to common stockholders increased 30% to $766 million. The insurer ended the...
Record Q4 at Chubb Ends Historic, ‘Blowout Year’ January 31, 2024 By Chad Hemenway Record fourth quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during...
Record Underwriting Income Highlights W.R. Berkley Q4 Results January 24, 2024 By Chad Hemenway Fourth quarter net income at W.R. Berkley Corp. increased 4% compared to the same period the prior year to about...
Progressive Q4 Net Income Up 141% as Combined Ratio Exceeds Goal for 2023 January 24, 2024 By Chad Hemenway Progressive Corp. today said fourth quarter 2023 net income jumped to nearly $2 billion compared to about $826 million a...
Brown & Brown’s Q4 Profit Jumps on Robust Growth in Fee, Investment Income January 23, 2024 Insurance brokerage Brown & Brown reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher...
Travelers’ Q4 Net Income Skyrockets as Personal Lines Reverses Underwriting Loss January 19, 2024 Net income at The Travelers Cos. for the last quarter of 2023 about doubled compared to the same time last...
Allstate Q4 2023 Reserve Charge Near $200M January 19, 2024 Allstate offered some preliminary details of factors that impacted fourth-quarter 2023 earnings—among them a $199 million non-catastrophe reserve charge. The...
More P/C Carriers With Less Surplus: Aon Ward Analysis January 11, 2024 By Susanne Sclafane As we head into 2024, many property/casualty companies are primed to grow their businesses, but not all have adequate levels...
With One Month to Go, Progressive’s Yearly Combined Ratio Hit Target of 96 December 18, 2023 By Chad Hemenway Progressive Corp. has achieved its combined ratio goal of 96, according to its release of November and year-to-date results. On...
US P/C Industry Turns in $32.2B Underwriting Loss After 9 Months December 8, 2023 U.S. property/casualty underwriting results deteriorated during the first nine months of 2023 to a loss of $32.2 billion. The result,...