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Ping An Insurance Group Co of China , China's largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in ...
Global InsurTech funding reached record levels once again in the 2021 second quarter, even as financings declined from the first three months of the year, according to Forrester's new sector roundup. ...
California-based digital home insurer Hippo disclosed its quarterly earnings on Aug. 16, the first time it has done so as a public company. Hippo reported an $84.5 million net loss during Q2 2021, or ...
Root continues to make steady traction growing its premium volume, benefiting in part from rate hikes and new initiatives. But the Ohio-based digital auto insurer saw its loss ratio spike in the 2021 ...
Progressive Corp. reported a 56 percent decrease in net income to $790.1 million for the second quarter. Net income was down 9 percent for the first six months. The company said the largest ...
Berkshire Hathaway's insurance division produced a mixed performance during the 2021 second quarter. Rate increases generally carried the day, though the conglomerate's GEICO unit dragged down ...
Lemonade's customer base continues to climb in the 2021 second quarter, with that number now surpassing 1.2 million. In contrast, the New York-based digital insurer reported nearly 814,200 customers ...
American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer catastrophe losses and strong rate hikes in its ...
Liberty Mutual's 2021 second quarter swung to a profit as the insurer rebounded from challenges it faced last year due to the coronavirus pandemic. The company reported $769 million in net income for ...
State Auto Financial Corp., soon to be acquired by Liberty Mutual for $1 billion, saw a large Q2 decline in net income due to a dip in net investment gains and as well as natural catastrophe losses. ...
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