Personal Lines
A 106.5 Combined Ratio for Allstate’s Esurance Is Good News
A combined ratio of 106.5 would be a sign of trouble for almost any property/casualty insurer. For Allstate's Esurance, the number is good news. Esurance, an online auto and home insurance provider, ...
Executives On The Move at QBE, PartnerRe, Aspen and Willis
We have promotions and appointments to tell you about at QBE North America, Aspen Insurance Holdings, PartnerRe and Willis Group Holdings: *** QBE North America is bringing on a veteran of Fireman's ...
Allstate Sees Double-Digit Profit Drop Due to Auto Policy Slowdown
Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile-coverage business. Net ...
AIG CEO Rejects Icahn Plan to Split Insurance Giant Into 3
American International Group Inc. Chief Executive Officer Peter Hancock dismissed activist investor Carl Icahn's proposal to split the company into three insurers, saying a separation would limit ...
AIG Loses $231M in Q3; Up to 400 Senior-Level Jobs on Chopping Block
American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to ...
OneBeacon’s Q3 Results Disappoint; CNA’s Investment Income Plunges
OneBeacon's third-quarter results disappointed; CNA's numbers were mixed to positive, though its investment income took a big hit. Here are the details: *** OneBeacon Insurance Group saw its ...
ACE Names Some Chubb Execs to Post-Merger North America Insurance Arm
ACE Ltd., on track to acquire The Chubb Corp. in a $28 billion deal, has named more executives to the post-merger leadership team for its North America Insurance division. The appointments include ...
Japanese Car Makers Feeling the Heat of Disrupters Google, Apple
The days of cheap and cheerful cars like the Honda Civic and Toyota Corolla may be numbered as technology firms Google and Apple muscle into the auto industry, and change the way people own and drive ...