Trump tax reforms News
Travelers Produces a Q4 Profit Despite Catastrophe and Tax Cut Hits
Travelers took a big Q4 hit from a tax-cut-related charge and catastrophe-related expenses but still pulled in a profit. The insurer booked $551 million in net income, or $1.98 per share, during the ...
Trump Tax Cut: Potentially Big Bottom Line Benefit to U.S.-Domiciled Companies
Federal tax reform was a big topic of discussion at the Insurance Information Institute's 2018 P/C Joint Industry Forum, with panelist Jay Gelb of Barclays Capital stating the recently passed tax law ...
The Hartford, Travelers Among Companies Offering Trump Tax Law-Related Bonuses
Hartford, Conn.-based The Hartford and New York City-headquartered Travelers confirmed they are among several companies giving their employees bonuses of $1,000 each if they earn $75,000 or less ...
Berkshire Hathaway Could See $37B Book Value Gain from U.S. Tax Cuts: Barclays
Berkshire Hathaway Inc, the conglomerate run by Warren Buffett, may see its book value grow by $37 billion because of U.S. tax law changes enacted by President Donald Trump, Barclays Capital analysts ...
Tax Law Aftermath: Some P/C Carriers Will See Domestic Earnings Soar; AIG, The Hartford Face Hits
Property/casualty insurers should see their domestic earnings grow by approximately 14 percent on average in 2018, thanks to the lower U.S. tax rate, according to a Morgan Stanley research note. ...
While P/C Insurers Stand to Gain From Trump Tax Cuts, Reaction Not All Rosy
Many insurers and insurance agencies will gain big from the massive tax reform package passed by Congress just before Christmas. Many industry groups celebrated the bill's passage and its ...
Chubb CEO Greenberg Urges Trump, Congress to Move on Tax Reform, Infrastructure
Chubb President and Chief Executive Officer Evan Greenberg reiterated his call for tax reform, open trade and significant infrastructure investment, urging President Donald Trump and Congress to take ...
Trump’s Tax Reform Plans Will Help Some U.S. Insurers, Reinsurers: Morningstar
A cadre of U.S. insurers and reinsurers stand to gain from lower corporate tax rates advocated by President Donald Trump and Republican members of Congress as part of a broader reform effort, ...