quarterly results Archives - Carrier Management

Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh

Global commercial insurance pricing rose 3 percent in the second quarter of 2023, down from 4 percent in Q1, according to Marsh, which pointed to two notable trends ...

Berkshire Hathaway Reports $43.8 Billion Loss as Stock Holdings Tumble

The slide in U.S. stock prices punished Berkshire Hathaway Inc.'s bottom-line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. ...

Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh

Global commercial insurance prices increased 9 percent in the second quarter of 2022 (down from an 11 percent increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, ...

Chubb Q2 Net Income Drops $1B; Books Record Insurance Results

Chubb Ltd. late Tuesday said second-quarter net income was about $1.22 billion, falling more than 46 percent from $2.27 billion in net income logged during the same period a year ago. The insurer ...

Rate Increases Steady in Q2: MarketScout

MarketScout said commercial property/casualty rates in the U.S. during the second quarter of 2022 were about the same as the first quarter, with composite average rate increases across all lines of ...

Allstate Q1 Net Income Returns to Black Despite Adverse Auto Results

First-quarter 2022 insurance premiums earned grew 6.5 percent to about $11 billion at Allstate Corp., as net income was $630 million compared with a loss of about $1.4 billion during the first three ...

AIG Q1 Net Income Up as Underwriting Profit Soars

First-quarter underwriting profit soared as AIG reported net income of $4.25 billion compared with $3.87 billion during the 2021 first quarter. Underwriting income in AIG's General Insurance unit was ...

Global Insurance Rates Continue to Moderate in Q1 – Except Cyber

Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, ...

Chubb Posts Record Q1 P/C Underwriting Income

Chubb said first-quarter 2022 net income fell to $1.97 billion compared with $2.30 billion during the same time a year ago, but property/casualty underwriting income during the period shot up 106 ...

ESG, Invasion of Ukraine Focus of Marsh McLennan Earnings Call

Much attention was paid to ESG (environmental, social and governance) issues and the Russian invasion of Ukraine as Marsh McLennan reported the highest first-quarter underlying growth in more than 20 ...