investment income News
Underwriting No Longer Sole Path to Profit, Say Berkley Execs
While the days of cash flow underwriting are a distant memory for veteran insurance executives, the need for industry's more recent "preoccupation" with underwriting profit is starting to subside, ...
Chubb’s Q4 Net Income Nosedives; Investment Returns Surge, Premium Revenue Grows
Chubb's 2018 fourth quarter was a mixed bag, with a surge in catastrophe losses, but a growth in premium revenue, better global P/C pricing and record net investment income. The insurer booked $355 ...
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 ...