Allied World

Allied World’s Sales Dip, Stock Drops

Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts’ estimates amid a decline in sales. ...
Travelers CEO Jay Fishman Speech On Economy

Cat Losses Ding Travelers’ Q2 Net Income

The Travelers Cos. began 2014 with a bang, giving investors a first quarter of soaring net and operating income, thanks in part to a major acquisition. For Q2, however, higher catastrophe losses ...
Smart Electricity Meter

Smart Tech Creates New Risks for Energy Industry

Last November, Felix Lindner came very close to shutting down the power supply of Ettlingen, a town of almost 40,000 people in the south of Germany. “We could have switched off everything: power, ...
bigstock-Bermuda-Flag-41983585

Soft Reinsurance Market Dampens Platinum’s Q2

For Bermuda-based Platinum Underwriters Holdings, Ltd., the 2014 second quarter offered plenty of downbeat statistics that showcase the struggles reinsurers face in an ever-softening market. Compared ...
Earnings

RLI Scores With a Solid Q2

Specialty insurer RLI Corp. closed its 2014 second quarter with higher underwriting income and net earnings, greater book value, and growth in premiums earned. But the Illinois company still faced a ...