2018 financial results Archives - Carrier Management

Lloyd’s Loses $1.3B in 2018; Natural Catastrophe Surge to Blame

Lloyd's of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major natural catastrophes such Hurricanes Florence and Michael, Typhoon Jebi in ...

Liberty Mutual’s 2018 Net Income Rebounds Significantly Higher

Liberty Mutual Holding Co. and its subsidiaries reported net income of $249 million for the fourth quarter 2018 and $2.16 billion for the full year 2018, increases of $44 million and $2.14 billion ...

QBE Rebounds in 2018 With $715 Million Cash Profit

QBE Insurance Group took another step in its quest to achieve strong results, consistently, by reporting a cash profit after tax of $715 million during 2018, a significant improvement on the cash ...

Swiss Re’s 2018 Net Income Jumps 27 Percent

Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes and man-made disasters. Net profit for the full year came in at $421 ...

AXA IPO Costs, Natural Disasters Ding 2018 Net Profit

Net profits at AXA, Europe's second biggest insurer, fell sharply as a result of charges related to its U.S. unit's initial public offering (IPO) and a spate of natural disasters, although AXA hoped ...

Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions

Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...

Zurich’s Life, P/C Biz Drive 24 Percent Jump in 2018 Net Income

Zurich Insurance's reported 2018 net income after tax of $3.72 billion, a 24 percent jump from $3.0 billion it reported in 2017 – primarily driven by growth in its life business and improved ...