financial results News
Swiss Re Reports Net Gain But Underwriting Loss Due to Disaster Claims
Swiss Re Ltd., the world's second- biggest reinsurer, reported its first quarterly underwriting loss since 2011 after a surge in claims from natural catastrophes and man-made disasters. The combined ...
Hannover Re Quarterly Net Rises 29% on Investment Income
Hannover Re, the world's fourth- biggest reinsurer, said second-quarter profit rose 29 percent, beating analysts' estimates, helped by higher investment income. Net income advanced to 186.3 million ...AIG Boosts Profit 17%; Issues First Dividend Since Bailout
American International Group Inc. announced its first capital return since its 2008 bailout, through a dividend and share buyback, sending its shares up 6 percent after the bell. The insurer, which ...
Allstate Reports Disaster Costs Down, Investments Up for Q2
Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second quarter profit climbed on investment gains and reduced costs tied to natural disasters. Net income climbed 2.6 ...Travelers’ Q2 Profit Up Due to Continued Rate Hikes
Travelers Cos., the lone property/casualty insurer in the Dow Jones Industrial Average, said second-quarter profit climbed 85 percent as price increases helped improve margins. Net income increased ...