Financial Results
News, insights and thought leadership for re/insurance professionals with an interest in financial results.

Australia: Net profits of general insurers could have been higher but for Nat CAT and investment losses

For the year ended 31 March 2022, the general insurance industry in Australia reported a net profit after tax of A$1.3bn ($920m) and a return on net assets of 4.3%...
For the year ended 31 March 2022, the general insurance industry in Australia reported a net profit after tax of A$1.3bn ($920m) and a return on net assets of 4.3%...
Article / 1 month ago

Industry sinks to $428 million loss as floods take a toll - Insurance News

The general insurance industry slumped to a $428 million net loss in the first three months of the year, as the February/March floods drove up gross incurred claims...
The general insurance industry slumped to a $428 million net loss in the first three months of the year, as the February/March floods drove up gross incurred claims...
insurancenews.com.au / Article / 1 month ago

Catastrophe losses drop sharply YOY in Q1 for many big US insurers

Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Article / 1 month ago

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