financial results News
AXIS Reports 2017 Q1 Net Income Dented by Multiple Factors
AXIS Capital Holdings reported a drop in 2017 first quarter net income and a climb in its combined ratio, a trend reflecting both one-time costs plus more catastrophe and weather-related losses. The ...
Liberty Mutual’s Q4 Hammered by U.S. Personal, Commercial Auto Losses
Liberty Mutual Holding Company's 2016 fourth quarter net income declined substantially, due mostly to higher U.S. personal and commercial auto liability losses. But the number was up for the full ...
Generali’s Asset Management Unit Helped Support Q3 Performance
Assicurazioni Generali, Italy's biggest insurer, said on Thursday its operating profits were down 5.6 percent so far this year but despite low interest rates the performance had improved in the third ...
Liberty Mutual Completely Reverses Last Year’s Massive Q3 Loss
Liberty Mutual Holding Co. scored a significant profit during its 2016 third quarter versus the same period a year ago, thanks in part to rate increases and more policies in force. The insurer and ...
Allstate’s Catastrophe Losses Climb 78 Percent
Catastrophe losses climbed 78 percent for Allstate in its 2016 third quarter, a trend that led to a double-digit drop in net income and higher losses for Esurance, its online auto and home insurance ...
Investment Gains Fuel Allied World’s Q3 Results
Double-digit investment income growth contributed largely to solid Q3 earnings at Allied World Assurance Company Holdings AG. Results also reverse the losses booked a year ago, despite some larger ...
CNA Investment Income Gains Stand Strongly in Steady Q3
CNA Financial Corp's Q3 went very well for the insurer, which is slated to get a new CEO on Nov. 21. Net income soared, thanks to investment gains, catastrophe losses were relatively stable, and the ...
Floods, Phones Hurt Assurant Profit; Stock Price Plunges
Assurant Inc., the insurer that sells coverage protecting mobile phones and homes, posted the second-biggest decline in the S&P 500 Index after third-quarter profit slumped. The insurer dropped ...