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American International Group Inc. said it will buy back $3 billion of stock after second-quarter profit climbed 6.3 percent, helped by asset sales. The insurer climbed in extended trading in New ...
The Hanover Insurance Group barely eked out a profit in the 2016 second quarter; large losses and catastrophe hits sustained by its Chaucer division are generally to blame. Net income came in at $2 ...
Hartford Financial Services Group Inc. posted the third-biggest decline in the S&P 500 Index after second-quarter profit plunged on losses from auto insurance. The insurer dropped $4.08, or 9.3 ...
Swiss Re AG, the world's biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net ...
The clock is ticking for Peter Hancock. The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that profit in the ...
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. ...
W.R. Berkley Corp.'s legendary chairman said that the insurer should see limited impact following the United Kingdom's vote to pull out of the European Union, due in large part to a risk management ...
Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common ...
Travelers Cos., the lone property-casualty insurer in the Dow Jones Industrial Average, said quarterly profit slipped 18 percent to its lowest since 2012 as costs tied to natural disasters rose while ...
The impact of catastrophes, large loss activity and foreign exchange movements are expected to bring an underwriting loss for Chaucer in the second quarter, when it will report a combined ratio in ...
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