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The U.S. property/casualty industry posted a first-quarter 2017 net underwriting loss of $841.5 million, according to preliminary financial results, continuing the industry's underwriting loss trend ...
A big change in the Ogden rate and higher natural catastrophe losses are dampening a wide range of Bermuda-based insurer and reinsurer results in the 2017 first quarter, Standard & Poor's said in ...
Reinsurers Munich Re and Hannover Re both reported that first-quarter results are on track to meet their annual targets, despite Q1's higher level of catastrophe claims. Munich Re reported ...
AmTrust Financial released its 2017 Q1 earnings statement on May 8, after pursuing an audit and having to restate a few years of earnings due to financial reporting concerns. Cleaning up its ...
The U.S. insurance industry is suffering from lower property-casualty premiums, bad weather claims and interest rates that are still too low to move the needle, according to earnings reports by some ...
Allianz SE is sticking with its full-year profit target as improving returns offset a jump in losses from natural catastrophes. The insurer reiterated an operating profit target of 10.3 billion euros ...
London-listed insurer RSA reported a 14 percent rise in first-quarter net written premiums on Thursday and said operating profits were ahead of plan, sending its shares higher. Best known in Britain ...
Swiss Re reported net income of $656 million during the first quarter of 2017, a 45 percent drop from $1.2 billion reported in the same period last year. Swiss Re's Q1 result was hammered by expected ...
American International Group Inc., one of the largest U.S. insurers, reported better-than-expected first-quarter operating profit on Wednesday, helped by investment returns and cost cuts. AIG ...
Allstate saw its first quarter profit take a big jump this year to $666 million, up from the $217 million reported for the first quarter of 2016. Total revenue of $9.4 billion in the first quarter of ...
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