investment income News
W.R. Berkley Net Income Rises in Q4, but Net Premiums Written, Investment Income Dips
W.R. Berkley Corp. saw its year-over-year net premiums written and investment income dip in the fourth quarter, but net income rose compared to the year before. Net income hit about $155 million for ...
Chubb’s Q2: CEO Greenberg Touts Transformation Into ‘a Revenue Machine’
Chubb Ltd. saw its net income soar in the 2017 second quarter, and investment income also reached record levels. Chairman and CEO Evan Greenberg said during the company's July 26 earnings call that ...
Investment Income Helped Boost CNA’s Q1 Results
CNA Financial Corp. saw big gains in its 2017 first quarter net income, mostly coming from a boost in net investment income and lower underwriting expenses. Net income for Q1 came in at $260 million ...
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 ...
Swiss Re Cuts Risky Government Bonds, Hikes Corporates
The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer's ...
U.S. P/C Underwriting Profit Grew in 2015, but Net Investment Income Sank: A.M. Best
A double-digit decline net investment income in 2015 added a dour note to what was the third consecutive year of underwriting profitability for the U.S. property/casualty industry. Underwriting ...
Soft Market Will Continue to Drive Down Reinsurer Profits in 2016: Fitch
Global reinsurance sector profits in 2016 will fall below 2015 levels as soft market rates, low investment income and an over-supply of capital continue to take their toll on the market, according to ...
Price Pressures, Lower Investment Income Slash Lloyd’s 2015 Profit by 30%
Lloyd's of London reported a 30 percent drop of full-year profit as the world's largest insurance market was hurt by continued pressure on pricing and the lowest investment returns since at least ...