Generali Keeps 2024 Goal as Profits Rise 30% Despite Disaster Claims November 17, 2023 By Gianluca Semeraro Italy’s top insurer Generali stuck to 2024 targets on Thursday after posting a 29.6% rise in nine-month adjusted net profit...
Liberty Mutual Records $219M Q3 Net Income November 9, 2023 Liberty Mutual Holding Co. on Thursday reported third quarter net income of $219 million, reversing a loss of $353 million...
Berkshire Hathaway Reports $12.8B Loss as Investments Fall; Insurance Performed Well November 6, 2023 By Josh Funk Warren Buffett`s company has reported a nearly $13 billion loss in the third quarter as the paper value of its...
Lemonade Expects to Be in the Black Within Three Years November 3, 2023 By Susanne Sclafane While Lemonade is still burning cash and reported a net loss on the bottom line of its third-quarter income statement,...
Progressive in a Better Place With Reserve Boosts Done, CEO Says November 2, 2023 By Susanne Sclafane Shoring up loss reserves and adding “the premium equivalent” of a top 8 personal auto insurer to its books has...
AIG General Insurance Income Up 82.7% in Q3 on North America Gains November 2, 2023 By Chad Hemenway American International Group (AIG) during the third quarter recorded a 264% increase in underwriting income within its General Insurance segment...
Allstate Shows ‘Progress,’ Narrows Q3 Net Income Loss to $41M November 2, 2023 By Chad Hemenway Allstate Corp. said its net loss for the third quarter was $41 million compared to a loss of $685 million...
Verisk Tops Q3 Expectations on Resilient Demand From Insurers November 1, 2023 Verisk Analytics beat market expectations for third-quarter revenue and profit on Wednesday, as more insurance companies used its products to...
5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues October 30, 2023 By L.S. Howard Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,”...
CNA Returns to Black in Q3 With Net Income of $258 Million October 30, 2023 CNA Financial reversed a third quarter loss of $42 million in 2022 with net income of $258 million this year...