CFO / Financial
Chubb’s Q2 Net Income Nearly Flat From Last Year; P/C Net Premiums Grow
Chubb's net income was essentially flat during the 2018 second quarter, but Chairman and CEO Evan Greenberg said the insurer continues to thrive, citing growth in P/C net premiums written and strong ...
NAIC Alert Forcing Insurance Companies to Rethink Cash Strategy
Diversification just became a little more difficult for insurance companies thanks to a correction of an unintentional error on the part of the National Association of Insurance Commissioners (NAIC). ...
Trump Tax Cuts, Lower Cat Losses Helped Make Q1 U.S. P/C Results Soar
Tax reform and lower catastrophe losses helped make all the difference for private U.S. property/casualty insurers in the 2018 first quarter. Their net income after taxes surpassed $17 billion during ...
Unsung Heroes Of The Insurance Industry
When Roger Schmelzer belts out a favorite tune at one of the top cabaret venues in the country, he's not just doing it for pleasure. He's singing his heart out for kids with cancer and to support the ...
The Good and the Bad at Lemonade: Latest Chronicles
In a blog item titled "We suck, sometimes," a co-founder of Lemonade, the insurer powered by behavioral economics and artificial intelligence, revealed a recent 1,000 percent growth spurt but ...
Industry Shocker: Reserves Still Adequate
Although analysts at Conning didn't actually use the word "shocked" in their latest report on the property/casualty industry's loss reserve position, the title of the report—and the image on the ...
Merger On Their Minds: Most Insurance Execs On the Hunt for Deals, KPMG Says
Eighty-one percent of insurance executives surveyed for a new report from KPMG International said they expect to seek at least one and as many as three acquisition targets or partnership ...
U.K. Regulator Fines Big Four, Puts KPMG Under Increased Scrutiny
The U.K. accounting watchdog is ramping up misconduct fines after being called useless and toothless by lawmakers irate at the failure of the accounting industry to prevent several high-profile ...