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3,642 results on '"INSURANCE"'

1. Best’s Special Report: Catastrophe Loss Creep, Escalating Reinsurance Rates Hamper Florida’s Insurance Market

Subjects
Insurance industry -- Company sales and earnings, Retirement benefits, Hurricanes, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: A.M.Best Company Oldwick, Jul 01, 2019, (A. M. Best via COMTEX) -- While many in the insurance industry believe that hurricanes pose the largest threat for Florida’s property market, [...]

Published
2019

2. Lag in International Business Recovery Slows MS&AD’s Fiscal-Year Profit Targets

Subjects
MS&AD Insurance Group Holdings, Inc. -- Company sales and earnings -- Forecasts and trends, Insurance industry -- Company sales and earnings -- Forecasts and trends, Advertising executives, Natural disasters -- Japan, Disaster insurance, Securities analysis, Market trend/market analysis, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, Jun 14, 2019, (A. M. Best via COMTEX) -- Catastrophe losses slowed MS&AD Insurance Group Holdings Inc.’s international business recovery, even as the group continues to [...]

Published
2019

3. Nippon Life Reports 14.3% Rise in Net Income for Fiscal Year 2018

Subjects
Nippon Life Insurance Co. -- Company sales and earnings, Insurance industry -- Company sales and earnings, Life insurance, Insurance, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, May 29, 2019, (A. M. Best via COMTEX) -- Nippon Life Insurance Co. posted a 14.3% rise in net income to ¥279 billion (US$2.5 billion) on [...]

Published
2019

4. Tokio Marine 2018 Fiscal Year Net Income Drops 3.4%

Subjects
Tokio Marine Holdings Inc. -- Company sales and earnings, Insurance industry -- Company sales and earnings, Natural disasters -- Japan, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, May 28, 2019, (A. M. Best via COMTEX) -- Tokio Marine Holdings Inc. reported a 3.4% drop in net income to ¥274.5 billion (US$2.5 billion) on [...]

Published
2019

5. GIC Re’s Fiscal Year Net Profit Decreases 31%

Subjects
Insurance companies, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Ernesto Calucag MUMBAI, India, May 24, 2019, (A. M. Best via COMTEX) -- GIC Re posted a 31% decline in net profit for the fiscal year ended March 31, [...]

Published
2019

6. Lockton Fiscal 2019 Revenue Grows to $1.72 Billion as Reinsurance Business Expands

Subjects
Lockton Cos. -- Company sales and earnings -- Officials and employees, Insurance industry -- Company sales and earnings -- Officials and employees, Business expansion, Fuel industry, Media executives, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla KANSAS CITY, Mo., May 23, 2019, (A. M. Best via COMTEX) -- Lockton Cos. saw its revenue rise 10.3% to $1.72 billion in the 2019 fiscal year [...]

Published
2019

7. Sompo Net Income Increases 4.9% in 2018 Fiscal Year

Subjects
Sompo Japan Nipponkoa Holdings, Inc. -- Company sales and earnings, Sompo Japan Nipponkoa Insurance Inc. -- Company sales and earnings, Property and casualty insurance industry -- Company sales and earnings, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, May 22, 2019, (A. M. Best via COMTEX) -- Sompo Holdings reported a 4.9% rise in net income to ¥146.6 billion (US$1.33 billion) on a consolidated [...]

Published
2019

8. Japan Post Insurance Posts 15.3% Rise in Net Income for 2018 Fiscal Year

Subjects
Municipal bonds, Local government, Insurance industry, Government securities, Insurance companies, Bonds (Securities), Accounting, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, May 20, 2019, (A. M. Best via COMTEX) -- Japan Post Insurance Co. Ltd. posted a 15.3% rise in net income to ¥120.4 billion (US$1.1 billion) [...]

Published
2019

9. Dai-ichi Life Net Income Drops 38% in 2018 Fiscal Year

Subjects
Tax rates, Corporate taxes, Insurance industry, Taxation, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, May 17, 2019, (A. M. Best via COMTEX) -- Dai-ichi Life Holdings Inc. reported a 38% drop in net income to ¥225 billion (US$2.1 billion) on [...]

Published
2019

10. Japan’s T&D Group Posts 6.1% Drop in Profit for 2018 Fiscal Year

Subjects
T&D Holdings Inc. -- Company sales and earnings, Insurance industry -- Company sales and earnings, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, May 17, 2019, (A. M. Best via COMTEX) -- T&D Holdings Inc. reported a 6.1% drop in profit to ¥72.8 billion (US$660 million) on a consolidated [...]

Published
2019

11. Retirement Provider Just Blames Temporary Drop in Activity for Steep First-Quarter Sales Dip

Subjects
Personal finance, Annuities, Retirement benefits, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, May 16, 2019, (A. M. Best via COMTEX) -- Pointing to a “temporary reduction in activity levels” in its target market, specialist U.K. retirement products provider [...]

Published
2019

12. PartnerRe Rebounds to First-Quarter Profit; Specialty Lines Hit on Prior-Year Development

Subjects
PartnerRe Ltd. -- Company sales and earnings, Insurance industry -- Company sales and earnings, Stockholders, Insurance companies, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla PEMBROKE, Bermuda, May 16, 2019, (A. M. Best via COMTEX) -- PartnerRe Ltd. reversed its prior first-quarter net loss as investment income rebounded and catastrophe experience proved [...]

Published
2019

13. 1347 Property Insurance Holdings Attributes Sharp Net Income Drop to Non-Cat Weather Losses

Subjects
Property and casualty insurance, Property and casualty insurance industry -- Company sales and earnings, Insurance industry, Books, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill TAMPA, Fla., May 15, 2019, (A. M. Best via COMTEX) -- 1347 Property Insurance Holdings Inc. first-quarter net income dropped sharply to $98,000 due to noncatastrophe weather [...]

Published
2019

16. Brighthouse Posts $737 Million First-Quarter Net Loss on Derivative Losses

Subjects
Annuities, Stockholders, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Jeff Roberts CHARLOTTE, N.C., May 07, 2019, (A. M. Best via COMTEX) -- Brighthouse Financial Inc. widened its first-quarter net loss available to shareholders primarily due to net derivative [...]

Published
2019

17. PICC P&C’s Net Profit Drops 3.6% in First Quarter

Subjects
PICC Property and Casualty Company Ltd. -- Company sales and earnings, Property and casualty insurance industry -- Company sales and earnings, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai BEIJING, May 07, 2019, (A. M. Best via COMTEX) -- PICC Property and Casualty Co. Ltd. reported a 3.6% drop in net profit to 5.2 billion yuan [...]

Published
2019

18. China Pacific Posts 46.1% Rise in First-Quarter Net Profit

Subjects
China Pacific Life Insurance Company Ltd. -- Company sales and earnings, China Pacific Property Insurance Company Ltd. -- Company sales and earnings, Insurance industry -- Company sales and earnings, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai SHANGHAI, May 07, 2019, (A. M. Best via COMTEX) -- China Pacific Insurance (Group) Co. Ltd. reported a 46.1% rise in net profit to 5.5 billion yuan [...]

Published
2019

19. Lincoln Financial CEO: 7% Rate Hikes on Liberty Life Business Boost Earnings

Subjects
Lincoln National Corp. -- Company sales and earnings, Insurance industry -- Company sales and earnings, News agencies, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill RADNOR, Pa., May 07, 2019, (A. M. Best via COMTEX) -- Lincoln Financial Group increased their earnings by hiking rates on some business acquired from Liberty Mutual [...]

Published
2019

21. China Re Posts First-Quarter Net Profit

Subjects
Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai BEIJING, May 03, 2019, (A. M. Best via COMTEX) -- China Reinsurance (Group) Corp. posted a first-quarter net profit of 1.3 billion yuan (US$196 billion) on a [...]

Published
2019

22. Manulife First-Quarter Net Income Rises 59%

Subjects
Manulife Financial Corp. -- Company sales and earnings, Insurance industry -- Company sales and earnings, Stockholders, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai HONG KONG, May 02, 2019, (A. M. Best via COMTEX) -- Manulife Financial Corp. posted a 59% rise in net income attributed to shareholders as income for [...]

Published
2019

23. Ping An’s First-Quarter Net Profit Rises 77% on Higher Investment Returns

Subjects
Ping An Insurance (Group) Company of China Ltd. -- Company sales and earnings, Insurance industry -- Company sales and earnings, Financial markets, Capital markets, Stockholders, Insurance companies, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Ernesto Calucag HONG KONG, Apr 30, 2019, (A. M. Best via COMTEX) -- China’s Ping An Insurance (Group) Co. recorded a 77% jump in first-quarter net profit mainly driven [...]

Published
2019

24. Qatar Insurance Posts First-Quarter Profit Rise on ‘Selective’ Underwriting

Subjects
Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla DOHA, Qatar, Apr 29, 2019, (A. M. Best via COMTEX) -- Qatar Insurance Co. posted a higher first-quarter net profit while premiums fell as the group noted [...]

Published
2019

25. T&D Holdings Lowers Earnings Forecast for 2018

Subjects
T&D Holdings Inc. -- Company forecasts -- Company sales and earnings, Insurance industry -- Company sales and earnings, Stockholders, Insurance industry, Company business forecast/projection, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai TOKYO, Apr 26, 2019, (A. M. Best via COMTEX) -- T&D Holdings Inc. has lowered its consolidated earnings forecasts for the 2018 fiscal year ended March 31, [...]

Published
2019

26. UPC Estimates $18 Million in First-Quarter Pretax Cat Losses

Subjects
Disaster insurance -- 2018 AD, Insurance industry, Natural disaster damage, News agencies, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill ST. PETERSBURG, Fla., Apr 22, 2019, (A. M. Best via COMTEX) -- United Insurance Holdings Corp. said it incurred an estimated $18 million of pretax first-quarter catastrophes [...]

Published
2019

27. Heritage Hit With $15.4 Million in First-Quarter Catastrophe Losses

Subjects
Aon PLC -- Company sales and earnings, Insurance industry -- Company sales and earnings, Disaster insurance, Natural disaster damage, Insurance companies, News agencies, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill CLEARWATER, Fla., Apr 22, 2019, (A. M. Best via COMTEX) -- Heritage Insurance Holding Inc. said it estimates $15.4 million of net catastrophe losses in the first [...]

Published
2019

28. Update: UPC Estimates $18 Million in First-Quarter Pretax Cat Losses

Subjects
Disaster insurance, Insurance industry, Retirement benefits, Natural disaster damage, News agencies, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill ST. PETERSBURG, Fla., Apr 22, 2019, (A. M. Best via COMTEX) -- (Adds information in third paragraph and removes reference to earlier Hurricane Irma losses.) United Insurance [...]

Published
2019

30. As Profit Dips, UK’s AA Announces Breakdown Deal With Admiral

Subjects
Admiral PLC -- Company sales and earnings, Insurance industry -- Company sales and earnings, Insurance companies, Strategic planning (Business), Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Apr 03, 2019, (A. M. Best via COMTEX) -- As part of what it has described as its continuing “B2B strategy,” AA plc, the U.K. breakdown [...]

Published
2019

31. Best’s Special Report: Life/Annuity Earnings Remain Strong Amid Macroeconomic Volatility

Subjects
Insurance industry, Insurance companies, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: A.M.Best Company Oldwick, Apr 02, 2019, (A. M. Best via COMTEX) -- Macroeconomic volatility continues to challenge the investment and operating environment for publicly traded U.S. life/annuity insurers. A [...]

Published
2019

32. China Re 2018 Profit Drops 26.9%

Subjects
Return on investment, Insurance industry -- Company sales and earnings, Stock exchanges, Company earnings/profit, Return on investment, Insurance industry, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai BEIJING, Apr 02, 2019, (A. M. Best via COMTEX) -- China Reinsurance (Group) Corp.’s 2018 consolidated profit fell 26.9% to 3.9 billion yuan (US$591 million) due to [...]

Published
2019

33. Fosun’s Insurance Business Posts 14.7% Profit Drop in 2018

Subjects
Fosun International Ltd. -- Company sales and earnings, Investment companies -- Company sales and earnings, Insurance companies, Insurance industry, Stockholders, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai HONG KONG, Mar 27, 2019, (A. M. Best via COMTEX) -- Fosun International Ltd.’s insurance business experienced a 14.7% drop in profit attributable to shareholders of 2.4 [...]

Published
2019

34. With Pledge to Improve, Lloyd’s Announces Second Straight Annual Loss

Subjects
Natural disasters, Media executives, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Mar 27, 2019, (A. M. Best via COMTEX) -- With a pledge from its chief executive that it will bolster its performance management, Lloyd’s has announced [...]

Published
2019

35. 1347 PIH Net Income Declines 40.1% as Weather-Related Losses Rise

Subjects
Disaster insurance, Property and casualty insurance industry -- Company sales and earnings, Insurance industry, Property and casualty insurance, Insurance companies, Natural disaster damage, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill TAMPA, Fla., Mar 21, 2019, (A. M. Best via COMTEX) -- Losses outpaced premium growth at 1347 Property Insurance Holdings Inc. as fourth-quarter net income fell 40.1%. [...]

Published
2019

36. Following Strong 2018 Result, Munich Re Targets Profit Rise for This Year

Subjects
Media executives, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla MUNICH, Mar 19, 2019, (A. M. Best via COMTEX) -- Munich Re is targeting a profit rise of about €200 million (US$227.1 million) in 2019 after a [...]

Published
2019

37. Milliman Consulting Actuary: Some US States Target Captives for Increased Revenue

Subjects
Captive insurance companies, Tax collection, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance, Captive Insurance Companies Association
Abstract

Byline: Meg Green TUCSON, Ariz., Mar 18, 2019, (A. M. Best via COMTEX) -- Joel Chansky, consulting actuary, Milliman, said some states, such as Washington, have become increasingly aggressive in [...]

Published
2019

38. Maiden Posts Widened 2018 Net Loss as Strategic Review Nears End

Subjects
Insurance industry, Media executives, Insurance companies, Stockholders, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla PEMBROKE, Bermuda, Mar 15, 2019, (A. M. Best via COMTEX) -- Maiden Holdings Ltd.’s fourth-quarter net loss widened amid a year-long strategic review and a series of [...]

Published
2019

39. AIA Group Net Profit Fell 48.3% in 2018

Subjects
AIA Group Ltd. -- Company sales and earnings, Insurance industry -- International economic relations -- Company sales and earnings, Financial statements, Return on investment, Stockholders, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Iris Lai HONG KONG, Mar 15, 2019, (A. M. Best via COMTEX) -- AIA Group Ltd. reported a 48.3% drop in net profit attributable to shareholders to US$3.2 billion [...]

Published
2019

40. Bupa’s 2018 Profit Falls 12% on UK Aged Care Divestment, Australia Problems

Subjects
British United Provident Association Ltd. -- Company sales and earnings -- Mergers, acquisitions and divestments, Health maintenance organizations -- Company sales and earnings -- Mergers, acquisitions and divestments, Company acquisition/merger, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla LONDON, Mar 15, 2019, (A. M. Best via COMTEX) -- British United Provident Association Ltd. cited the divestiture of its U.K. aged care business at the end [...]

Published
2019

41. Just Group Posts 31% Profit Rise, Outlines Capital Move

Subjects
Financial analysts, Bond issues, Stockholders, Bonds (Securities), Company earnings/profit, Company securities, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Mar 14, 2019, (A. M. Best via COMTEX) -- As it reported a 31% increase in underlying operating profit to £315 million (US$417 million) in 2018, [...]

Published
2019

42. London Market Broker BMS Sees 2018 Revenue Rise 25%

Subjects
Brokers, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla LONDON, Mar 13, 2019, (A. M. Best via COMTEX) -- BMS Group said its 2018 revenue rose 25% as the broker’s annual revenue exceeded £100 million (US$132 [...]

Published
2019

43. Admiral Posts 18% Rise in 2018 Profit With Push From Ogden Rate Change

Subjects
Admiral Group PLC -- Company sales and earnings, Property and casualty insurance industry -- Company sales and earnings, Insurance industry, Media executives, Personal injuries, Discount rates, Insurance companies, Households, Interest rates, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Mar 07, 2019, (A. M. Best via COMTEX) -- Pointing to the benefit from reserve releases in connection with the formula for compensating long-term injury victims, [...]

Published
2019

44. American Family Reduces P/C Underwriting Net Loss Though Elevated Storm, Auto Losses Continue

Subjects
Property and casualty insurance, Property and casualty insurance industry -- Company sales and earnings, Hailstorms, Insurance industry, Wildfires, Insurance companies, Natural disaster damage, Insurance, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill MADISON, Wis., Mar 06, 2019, (A. M. Best via COMTEX) -- Historically high storm losses and elevated automobile severity and frequency continued yet American Family Group property/casualty [...]

Published
2019

45. Despite Uncertainty ‘Everywhere,’ L&G Posts 10% Operating Profit Rise

Subjects
Legal and General Group PLC -- Company sales and earnings, Insurance industry -- Company sales and earnings, Financial services -- Company sales and earnings, Economic growth, Media executives, Insurance industry, Financial services industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Mar 06, 2019, (A. M. Best via COMTEX) -- Despite what its chief executive described as a year of near universal uncertainty and decline, U.K.-based financial [...]

Published
2019

46. As CEO Prepares to Leave, Direct Line Posts 9.1% Profit Rise

Subjects
Direct Line Insurance Group PLC -- Company sales and earnings -- Officials and employees, Insurance industry -- Company sales and earnings -- Officials and employees, Chief executive officers, Media executives, Retirement benefits, Insurance industry, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Mar 05, 2019, (A. M. Best via COMTEX) -- As he presided over his last annual results presentation, and a 9.1% increase in after-tax profit, the [...]

Published
2019

47. Enstar Posts 2018 Loss on Increased Frequency and Severity, Investments

Subjects
Investments, Stockholders, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: David Pilla HAMILTON, Bermuda, Mar 05, 2019, (A. M. Best via COMTEX) -- Enstar Group Ltd. posted a net loss for 2018 on increased frequency and severity of large [...]

Published
2019

48. RSA Cites Weather, Commercial Losses in 33% Drop in Underwriting Profit

Subjects
RSA Insurance Group PLC -- Company sales and earnings, Property and casualty insurance industry -- Company sales and earnings, Weather, Insurance industry -- Company sales and earnings, Media executives, Insurance companies, Company earnings/profit, Insurance industry, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Feb 28, 2019, (A. M. Best via COMTEX) -- Pointing to the effects of weather claims and major commercial losses, U.K.-based multiline insurer RSA Insurance Group [...]

Published
2019

49. Liberty Mutual Rate Hikes Largely Outpace Losses as Net Income Rises 21.5%

Subjects
Insurance industry -- Company sales and earnings, Media executives, Chairpersons, Company earnings/profit, Insurance industry, Banking, finance and accounting industries, Insurance
Abstract

Byline: Renee Kiriluk-Hill BOSTON, Feb 27, 2019, (A. M. Best via COMTEX) -- Liberty Mutual Insurance rate hikes are exceeding losses across the board with one exception -- workers’ compensation [...]

Published
2019

50. Hiscox Pretax Profit Soars on ‘Strong Underwriting Result’

Subjects
Insurance industry, Media executives, Insurance companies, Securities analysis, Company earnings/profit, Banking, finance and accounting industries, Insurance
Abstract

Byline: Bob O'Connor LONDON, Feb 25, 2019, (A. M. Best via COMTEX) -- On the back of a “strong underwriting result,” specialist Lloyd’s insurer Hiscox Ltd. more than tripled its [...]

Published
2019

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