Leadership & Strategy
Investment Gains Jolt Berkshire 2Q Earnings; P/C Earnings, Premiums Flat Overall
Net income for Berkshire-Hathaway soared nearly 41 percent to $6.4 billion in second-quarter 2014, with nearly $2.0 billion of investment gains lifting the total, while underwriting profits for ...
Hanover Insurance’s Q2 Profit Jumps 55% to $82.6M
The Hanover Insurance Group Inc. in Worcester, Mass. said Thursday its 2014 second quarter net profit rose to $82.6 million, a 54.7 percent increase from $53.4 million profit during last year's ...
Lloyd’s, AIG Executives Added to Federal Insurance Advisory Committee
Top executives from Lloyd's of London, AIG, Prudential Financial Inc. Marsh & McClennan Companies and General Re Corp. are among 21 new appointees to the Federal Advisory Committee on Insurance. ...
Q2 Survey: P/C Commercial Rate Hikes Keep Slowing
In some sobering news for commercial property/casualty insurers, the 2014 second quarter brought slower rate increases and even some price dips. That's according to the latest quarterly survey of the ...
Investors Believe Allianz Will Keep Old Leadership
Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe's largest insurer expands its global presence or ...
Allstate Reduces Private Equity and Real Estate Stakes
Allstate Corp., the largest publicly traded U.S. auto and home insurer, sold about $300 million of private equity and real estate investments in the second quarter as values surged. "We thought the ...
The Hartford Discloses a Second-Quarter Slump
The Hartford Financial Services Group said Wednesday its 2014 second quarter net loss widened to $467 million, compared to a net loss of $190 million during last year's second quarter. The results ...
SCOR Scores in the First Half of 2014
SCOR, the French reinsurance giant, said it produced healthy results in the 2014 second quarter and the first half of the year, driven, in part, by a lower level of natural catastrophes than ...