Underwriting & Pricing
Underwriting Pain, Exits Begin; Insurers Rethinking Lloyd’s
News that Lloyd's is undergoing a strategic review of its operations may be part of a larger industrywide phenomenon—reality is setting in and underwriting pain is increasing, an industry executive ...
Swiss Re Net Profit Lands Below Forecasts; Reinsurer Mulls IPO for UK Closed Book Biz
Swiss Re is exploring a 2019 listing in Britain of its UK closed book business ReAssure, it said on Friday as a 17 percent fall in first half net profit hit its shares. The reinsurer said that it was ...
AIG Confronts Q2 Underwriting Loss and an Investment Income Slump
American International Group Inc.'s second-quarter earnings took a hit on a slump in income from the insurer's investment portfolio. The stock fell as much as 6.1 percent. Profit in the period fell ...
Price Increases, Investment Income, Organic Growth Propel The Hanover’s Q2
Price increases, a jump in net investment income and organic business growth helped give The Hanover Insurance Group a strong second quarter. The Hanover booked $99.3 million in net income during Q2 ...
AXA Redeems Itself With Strong First-Half Earnings
Axa SA gave under-fire Chief Executive Officer Thomas Buberl a needed boost with first-half earnings that beat estimates and growth in new business. Axa, posting its first results since a ...
For CNA, International Insurance Was a Blemish on an Otherwise Solid Q2
For CNA Financial Corp., the 2018 second quarter produced mostly gains: Higher net premiums written in most of its divisions, increased investment returns and still-healthy combined ratios in all but ...
Commercial Lines Propel Hartford’s Q2 Results
The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 ...
Chubb’s Q2 Net Income Nearly Flat From Last Year; P/C Net Premiums Grow
Chubb's net income was essentially flat during the 2018 second quarter, but Chairman and CEO Evan Greenberg said the insurer continues to thrive, citing growth in P/C net premiums written and strong ...