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As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster-claims rewarded his strategy. Operating profit ...
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 ...
Weather related losses and a competitive reinsurance business nudged W.R. Berkley Corp.'s 2017 second quarter combined ratio higher. But a nearly 5 percent growth investment income and gains in ...
A hailstorm that pounded down on a Subaru dealership in Plano, Texas, barely lasted 30 minutes, but left behind a trail of smashed windows, dented hoods and millions of dollars' worth of claims for ...
InsurTech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from ...
As sizable as Travelers' $595 million in 2017 second quarter net income was, it was a good 10 percent lower than the same period a year ago. Weather-related losses and higher personal body injury ...
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