Q3 2019 financials News
Investors Approve of Argo CEO Watson’s Departure; Q3 Results Are Mixed
The day after Argo Group International Holdings announced CEO Mark Watson III was retiring "immediately," investors seemed ecstatic, driving the company's stock price up 5.6 percent on Nov. 6. ...
Buffett’s Berkshire Hathaway Tops Profit Forecasts, Despite Trade Drag and Record Cash
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and ...
Berkshire Hathaway Reinsurance P/C Premiums Jump, and Other Q3 Earnings Takeaways
For Berkshire Hathaway Inc., profits from its stake in Kraft Heinz Co. were better late than never. Almost a third of the jump in Berkshire's third-quarter earnings came from finally recording its ...
Q3 Catastrophes Push AIG’s P/C Underwriting Results Into the Red
Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses. AIG said that its ...
The Hanover’s Momentum Continues in Q3
The Hanover Insurance Group produced higher net income and experienced lower catastrophe losses in its 2019 third quarter. Investment income growth, premium hikes and growth in more profitable ...
Chubb Soars Even as Q3 Net Income Takes a Hit
Chubb is reporting a banner 2019 third quarter, but the company took a dent in its net income largely from losses relating to an accounting adjustment. Net income for the insurer reached $1 billion, ...
Everest Re’s Q3 Net Income Slammed by Hurricane Dorian, Typhoon Faxai
Hurricane Dorian and Typhoon Faxai chipped away at Everest Re Group's 2019 third-quarter net income, knocking it nearly in half from the previous year. The Bermuda-based insurer and reinsurer booked ...