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Chubb's net income grew by 9 percent in the 2020 third quarter, something that Chair and CEO Evan Greenberg credited to rate hikes and improving underwriting conditions despite a tough environment ...
U.S. P/C insurance industry net income plunged 26 percent in the 2020 first half, as underwriting results and investment gains took a hit from COVID-19, catastrophes and other instabilities, ...
W.R. Berkley Corp.'s 2020 third-quarter financial results landed on the strong side despite a dip in net income and more COVID-19 losses, a result the company credits to rate hikes and underwriting ...
The Travelers Companies reported a net loss of $40 million for the quarter ended June 30, 2020, compared to net income of $557 million in the prior year quarter. The insurer said COVID-19 and related ...
State Auto Financial Corp. lost $114.6 million in the 2020 first quarter and said its combined ratio climbed above 107. Investment and catastrophe losses were behind the results. At the same time, ...
AXIS Capital Holdings Ltd. must deal with a ratings downgrade issued by A.M. Best over concerns about its financial performance. On May 5, A.M. Best downgraded the financial strength rating to "A" ...
After years of losses and just 12 months of underwriting income, American International Group's property/casualty business has lost money again. For that, COVID-19 is to blame. AIG said the P/C arm ...
Argo Group International Holdings expects pretax net catastrophe losses of $29 million during the 2020 first quarter, the bulk of which stems from costs relating to the COVID-19 pandemic. The ...
The Hartford's 2020 first-quarter numbers are yet another example of the coronavirus pandemic not yet affecting underwriting results in a major way. But net income took a big hit. First-quarter net ...
The Travelers Companies felt relatively small effects from the coronavirus pandemic in the 2020 first quarter, with catastrophe losses from tornadoes and other storms taking more of a bite. ...
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