How P/C Insurance Industry Fared Financially in 2010 April 20, 2011 U.S. property/casualty insurers’ net income after taxes rose to $34.7 billion in 2010 from $28.7 billion the year before, with...
U.S. P/C Insurers’ Results for 2010 Get ‘Mixed Review’ from A.M. Best March 24, 2011 The U.S. property/casualty insurance industry’s financial results for 2010 represented a mixed bag, with some good results and some that...
AIG Estimates $1 Billion in Q1 Catastrophe Losses, Most from Japan March 20, 2011 American International Group Inc. said it would post an estimated $1 billion in pre-tax catastrophe losses in the first quarter,...
Investors Watching How AIG’s Chartis, SunAmerica Perform February 24, 2011 By Ben Berkowitz Bailed-out insurer American International Group Inc. could post another multibillion-dollar loss when it reports fourth-quarter results on Thursday, but the...
Main Street America Group Reports Strong 2010 Results, Eyes Expansion February 23, 2011 Jacksonville, Fla.-based The Main Street America Group reported that its 2010 financial results included 99.2 combined ratio, 9.1 percent net...
Marsh Reports Robust Revenue Growth February 15, 2011 Marsh & McLennan Companies Inc. today reported strong revenue growth and net income for the fourth quarter and full year...
AIG to Take $4.1 Billion Q4 Charge for Reserves February 9, 2011 By Elinor Comlay Bailed-out insurer American International Group Inc. said it would take a $4.1 billion charge at its Chartis unit after a...
CNA Looks to Buy Remaining Shares of CNA Surety February 4, 2011 CNA Surety Corp. reported net income for the fourth quarter of 2010 of $54.5 million compared to $49.3 million for...
Aon Revenue Up 40% in Q4 on Hewitt Merger February 4, 2011 By Andrew G. Simpson Growth-oriented insurance broker Aon Corp. saw revenues shoot up 40 percent to $2.9 billion in the fourth quarter, largely driven...
The Hartford Sees 4Q Profits Grow February 3, 2011 By Ben Berkowitz The Hartford reported a larger fourth-quarter profit, as improving results in its wealth management unit offset a variety of cost...