Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B May 16, 2024 By L.S. Howard Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strategic review. The iptiQ business...
Zurich’s First-Quarter P/C Revenue Rises on Higher Premiums May 16, 2024 By Myriam Balezou Zurich Insurance Group AG said revenue from property and casualty insurance rose 12% in the first quarter on a like-for-like...
AXA’s Q1 Revenues Rise 6%, Led by P/C Business Growth May 3, 2024 By L.S. Howard AXA, Europe’s second-largest insurer, reported a 6% increase in total revenue during the first quarter to €34 billion ($36.4 billion),...
Verisk’s First-Quarter Profit Beats on Insurance-Focused Analytics Demand May 2, 2024 Data analytics firm Verisk beat estimates for first-quarter profit on Wednesday, driven by strong demand for its products used by...
Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress May 1, 2024 Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating...
Hartford Q1 Income Up 41% on Commercial Lines as Auto Results Improve April 29, 2024 By Chad Hemenway The Hartford CEO Christopher Swift told analysts late last week that the insurer’s first quarter results included “progress toward restoring...
China’s Ping An Insurance Reports 4.3% Drop in Q1 Net Profit April 24, 2024 Ping An Insurance’s first-quarter net profit fell 4.3%, hit by shrinking returns from property and casualty insurance as well as...
Chubb Records 13.3% Uptick in Q1 Net Income on Underwriting April 23, 2024 By Chad Hemenway Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to...
W.R. Berkley Reports 50.4% Increase in Q1 Net Income April 23, 2024 First quarter net income at W.R. Berkley Corp. increased about 50% compared to the same period the prior year to...
Munich Re Says Beating Target More Likely After Strong Quarter April 23, 2024 By Stephan Kahl Munich Re said it might beat its profit target for the year after first-quarter profit jumped amid benign expenditures to...