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For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10 percent, according to Willis Towers Watson's Commercial Lines Insurance Pricing Survey for ...
Root lost more than $85 million in its 2020 third quarter – its first as a public company following an initial public offering in October that raised $724.4 million. The Ohio-based digital auto ...
Ping An Insurance Group Co of China Ltd on Tuesday reported a 7.74% rise in net profit, its first quarterly profit increase in a year, as the country's largest insurer by market value attracted more ...
Warren Buffett's Berkshire Hathaway Inc reported lower quarterly operating results on Saturday and said the coronavirus pandemic may cause further damage, even as gains in stocks such as Apple Inc ...
Liberty Mutual Holding Co. Inc. has reported a 46 percent increase in net income during the third quarter, despite elevated catastrophe losses. The company reported Q3 net income of $397 million, ...
German insurer Allianz on Friday declined to provide a forecast for 2020 given uncertainty around the COVID-19 pandemic, despite delivering an unexpected 6% rise in third-quarter net profit. Allianz, ...
American International Group saw its 2020 third quarter net income plunge by more than half compared to a year ago, a result that was shaped partly by higher natural catastrophe losses. Net income ...
The Allstate Corp. reported a nearly 27 percent increase in its third quarter net income, primarily due to higher auto insurance underwriting income and net realized capital gains. Allstate's third ...
Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh ...
Kemper Corp's Q3 net income dipped slightly, though that decline would have been worse if not for after-tax gains in assessments and investments. The company reported $122.3 million in net income ...
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