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Liberty Mutual eked out $17 million in net income for 2017, after making more than $1 billion the year before. Record catastrophes, adverse development in its commercial automobile business and a ...
Aspen Insurance Holdings confirmed on Friday, Feb. 16, that it has ceased underwriting property insurance on its Bermuda platform, effective immediately, as a result of the company's 2017 catastrophe ...
CNA sustained a dip in net income and took a catastrophe cost hit at the end of 2017, but the insurer saw its combined ratio actually improve. What's more, its 2017 net income of nearly $900 million ...
Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to ...
Chubb ended 2017 in relatively solid shape, challenged by wildfire-related catastrophe costs but buttressed by a one-time gain from the Trump tax cuts. The insurer booked $1.5 billion in net income, ...
Allianz SE said second-quarter profit almost halved, missing estimates, as Europe's biggest insurer faced higher claims from natural disasters and charges for the expected sale of its South Korea ...
Hartford Financial Services Group Inc. posted the third-biggest decline in the S&P 500 Index after second-quarter profit plunged on losses from auto insurance. The insurer dropped $4.08, or 9.3 ...
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. ...
Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common ...
Insurance executives meet with government officials in Paris Monday to assess the cost of flooding in the Centre and Ile-de-France regions as the Seine river recedes from its highest levels in more ...
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