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

Markets lose ground; Florida P&C carriers secure reinsurance for coming season

Insurance companies underperformed the broader market during the holiday-shortened week ending June 3, which was modestly negative for stocks. The S&P Insurance 500 index slid 2.27% to 557.96, while the S&P 500 dropped 1.20% to 4,108.54.
Insurance companies underperformed the broader market during the holiday-shortened week ending June 3, which was modestly negative for stocks. The S&P Insurance 500 index slid 2.27% to 557.96, while the S&P 500 dropped 1.20% to 4,108.54.
Article / 26 days 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

US P/C Commercial Lines See Pricing, Underwriting Improvement

The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
Article / 1 month ago

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