Performance
But Wait. Here’s ‘The Rest of The Story’ on Buffett’s Lubrizol
In his firm's annual report released this weekend, Berkshire Hathaway CEO Warren Buffett included a side note on one of the companies his conglomerate bought in 2011 for $9 billion, a company called ...
Chubb Boosts Stake in Major China Insurer
Chubb Ltd. has increased its investment in one of China's major insurers, reflecting a deeper commitment to penetrating the market there. Chubb said it would purchase another 15.3 percent of Huatai ...
Confessions of a Diehard Data Fan: ACORD CEO Pieroni (Part 2)
After Bill Pieroni, the CEO of ACORD, delivered a presentation about ACORD's latest study, "Intelligent Growth: Intent, Decisions, Outcomes," he sat down with Wells Media's Andrew Simpson to talk ...
ACORD Study Results: Loser Lessons
As for the waning carriers, why did they wane? Why didn't they grow and why did they achieve inferior economics? Pieroni said there are a number of reasons but the top ones include inability to ...
Lemonade, Root and Metromile: Can David Challenge Goliath With No Sling?
Continuing a series in which we evaluate and discuss the financial performance and operating results of the InsurTech carrier trio of Lemonade, Root and Metromile, we find continued growth and ...
Buffett’s Berkshire Hathaway Tops Profit Forecasts, Despite Trade Drag and Record Cash
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and ...
Chubb Soars Even as Q3 Net Income Takes a Hit
Chubb is reporting a banner 2019 third quarter, but the company took a dent in its net income largely from losses relating to an accounting adjustment. Net income for the insurer reached $1 billion, ...
The Latest Launches From AIG, Aon and Risk Strategies
AIG is planning a new syndicate at Lloyd's designed to serve the specialist U.S. high net worth market. Aon announced the launch of an Aon-wide group created to increase the value and holistic ...

