Underwriting
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. Allied ...
U.S., Canada Face Below-Average First-Half at Losses: Verisk
The U.S and Canada both experienced below-average catastrophe losses in the first half of 2014, a trend that has been a relative boon for the property/casualty industry so far this year, Verisk ...
ACE CEO Greenberg Gushes About Emerging Market Potential
ACE Ltd. generated mostly robust 2014 second-quarter results. Chairman and CEO Evan Greenberg acknowledged as much during the company's investor call on July 23. But he spend a lot of time on ...
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 ...
Reserve Charge, Cats to Dent State Auto Financial Earnings; EMC Down on Cats
Midwest insurers State Auto Financial and EMC Insurance Group preannounced anticipated declines in second-quarter earnings last night, with catastrophe losses hitting both companies, and a ...
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, ...
Spending on Ads Still Beats Spending on Auto Insurance Agents: Nomura
Two analysts at Nomura Equity Research published statistics on advertising spend and premium growth Friday, reinforcing a conclusion they advanced late last year—that dollars spent on advertising ...
Lloyd’s Underwriters Find Success with U.S. Specialty Subsidiaries: SNL
Insurers Hiscox Ltd., Beazley Plc and Catlin Group Ltd. are reaping the benefits of the U.S. market, according to a report from SNL Financial. SNL data shows how the three companies with significant ...