AXA’s 2023 Earnings Miss Forecasts on Higher Costs, Lifts Dividend 16% February 22, 2024 By Mathieu Rosemain France’s AXA, Europe’s second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing...
AIG General Insurance Q4 Income Up 19% on Underwriting, Investments February 14, 2024 By Chad Hemenway American International Group (AIG) during the fourth quarter 2023 recorded underwriting income of $642 million within its General Insurance segment...
Another Banner Year Seen by 5 Publicly Traded Insurance Brokers in 2023 February 9, 2024 By L.S. Howard Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown...
Weekly Q4 2023 Earnings Wrap: CNA, Cincinnati Financial, American Financial February 9, 2024 By Chad Hemenway Fourth quarter net income at CNA Financial Corp. was up about 54% to $367 million, and net income for the...
Allstate Reverses Q4 Loss With Benefit of Low Cat Losses, Auto Rate Increases February 8, 2024 Allstate Corp. fourth quarter 2023 net income attributable to common shareholders was about $1.5 billion, reversing a loss of $303...
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...