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...
The Hartford Q3 Income Jumps 93% on Commercial Lines Results October 27, 2023 The Hartford reported a 93% increase in third quarter net income to $645 million driven by results in its commercial...
Chubb Q3 Net Income Increases 158% to $2 Billion October 25, 2023 Third quarter net income at Chubb Ltd. shot up to $2.04 billion, an increase of nearly 158% over last year’s...
Munich Re Lifts Target as Lower-Than-Expected Claims Fuel Profit October 24, 2023 By Stephan Kahl Munich Re raised its profit target for the year as lower-than-expected claims helped push earnings in the third quarter past...
Q3 Net Income Up 45.7% at W.R. Berkley as it Handles Unabated ‘Burn’ of Social Inflation October 24, 2023 By Chad Hemenway Third quarter net income at W.R. Berkley Corp. increased nearly 46% compared to the same period last year to about...
Allstate Says Q3 Catastrophe Losses Were $1.2 Billion October 19, 2023 Allstate Corp. today reported September catastrophe losses of $317 million and total catastrophe losses for the third quarter of about...
The Hanover Expects $196M in Q3 Catastrophe Losses October 19, 2023 Ahead of its third quarter earnings announcement early next month, The Hanover Insurance Group released a preliminary estimate of catastrophe...
Travelers Q3 Net Income Down 11% on Catastrophe Losses, Reserve Development October 18, 2023 By Chad Hemenway Third quarter net income at Travelers Cos. fell 11% compared to the prior-year quarter to $404 million on higher catastrophe...
Progressive Q3 Earnings Skyrocket as Combined Ratio Gets Closer to Goal October 16, 2023 By Chad Hemenway Progressive Corp. posted significant improvement in third quarter earnings late last week – with net income of $1.12 billion compared...
Commercial Auto Up Against Persistent Headwinds to Underwriting Profit October 4, 2023 By Chad Hemenway Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep...