Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’ April 23, 2025 By Chad Hemenway First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires...
Don’t Forget Tariff Impacts on Workers’ Compensation: Berkley April 22, 2025 The chief executive of W.R. Berkley Corp. said his company is very focused on the impacts of tariffs on loss...
Marsh McLennan Reports Organic Q1 Growth of 4%, a Decrease From Q1 2024 April 17, 2025 By L.S. Howard Marsh McLennan reported consolidated revenue during the first quarter of $7.1 billion, an increase of 9% compared with Q1 2024,...
Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires April 16, 2025 By Chad Hemenway The Travelers Cos. said first quarter 2024 fell 65% on an underwriting loss of $305 million. Travelers posted first quarter...
Progressive Q1 Net Income Up 10% April 16, 2025 First quarter net income at Progressive Corp. increased 10% compared to the same period a year ago to about $2.6...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs March 25, 2025 By L.S. Howard The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while...
Generali Posts Record Profit Ahead of Shareholder Vote on CEO Reappointment March 13, 2025 By Gianluca Semeraro Italy’s biggest insurer Generali reported on Thursday a record profit for 2024, ahead of a key shareholder vote next month...
UK’s Aviva Beats Profit Estimates on Double-Digit Growth in General Insurance Premiums February 27, 2025 By Shashwat Awasthi and Yadarisa Shabong British insurer Aviva beat annual profit expectations on double-digit growth in its general insurance premiums in 2024, and said its...
AXA Earnings Beat Estimates as it Avoids Worst of Los Angeles Fire Claims February 27, 2025 By Mathieu Rosemain French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies, fewer claims and...
Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires February 27, 2025 By Tom Sims and Paul Arnold Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million...