Expect U.S. commercial auto insurance to improve somewhat in 2019 even as A.M. Best maintains its negative outlook for the sector over the next year...
- Carrier Management / Article / 17 days ago
- www.carriermanagement.com
2018: A Big Year for U.S. P/C Insurers' Net Income Results
U.S. P/C insurers' net income soared in 2018, thanks in part to premium increases, higher net investment income and fewer catastrophe losses...
- Carrier Management / Article / 1 month ago
- www.carriermanagement.com
Focus on Operating Earnings, Buffett Says; Insurance Ops Add $6B
In the conglomerate’s annual report published on Saturday, Berkshire Hathaway’s Chair Warren Buffett recommended that readers focus on operating earnings, reviewing a year in which insurance...
- Carrier Management / Article / 2 months ago
- www.carriermanagement.com
Startups vs. Incumbents Revisited: Q32018
We first pointed out in a second quarter analysis of VC-backed startups Root, Lemonade and Metromile that companies run or led by well-known underwriters...
- Carrier Management / Article / 4 months ago
- www.carriermanagement.com
Between an Ant and a Grasshopper, Lemonade's Results 'Most Improved'
The three U.S. venture-backed InsurTech carriers we have been tracking for several quarters have more money, more premium and more losses as we head into...
- Carrier Management / Article / 4 months ago
- www.carriermanagement.com
Which Will Come First: Driverless Trucks or Commercial Auto Profits?
Commercial auto insurance hasn’t produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line’s poor performance is...
- Carrier Management / Article / 6 months ago
- www.carriermanagement.com
Catastrophes Give Insurers a Chance to Show Their Humanity, Says W.R. Berkley's CEO
The aftermath of Hurricane Michael and other catastrophes this fall gives insurers a chance to show that they care about more than just numbers, W.R. Berkley's president and CEO said...
- Carrier Management / Article / 6 months ago
- www.carriermanagement.com
Chubb's Reports Robust Financial Results, With Predictions of More to Come
Chubb scored robust results for its 2018 third quarter, with solid profit, increases in net premiums written and a healthy property/casualty combined ratio...
- Carrier Management / Article / 6 months ago
- www.carriermanagement.com
Berkley's Q3 Net Income Came in Flat; Premiums, Investment Income Grew
W.R. Berkley Corp.'s third quarter featured flat net income but also higher premiums and soaring investment income. The Connecticut-based insurer and reinsurer said it generated $162 million in net income during the 2018 third quarter, or $1.26 per diluted share, on par with the 2017 third quarter...
- Carrier Management / Article / 6 months ago
- www.carriermanagement.com
Net Income Doubled for P/C Insurers in the 2018 First Half
U.S. property/casualty insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017...
- Carrier Management / Article / 6 months ago
- www.carriermanagement.com