Canadian Underwriter

Keyword
net written premiums

News CatastrophesEarnings / RatingsInsurancePersonal LinesReinsurance

Aspen reports net income of US$76.8 million for Q2 2017

July 27, 2017 by Canadian Underwriter

Aspen Insurance Holdings Limited released its financial results for the second quarter and first half of 2017 on Wednesday, reporting a net income after tax of US$75.8 million for Q2 2017. Gross written premiums (GWP) in the second quarter of

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Catastrophe losses contribute to decrease in 2017 Q2 net income for Travelers

July 21, 2017 by Canadian Underwriter

Solid net investment income was not enough to offset higher catastrophe losses and lower underlying underwriting gains, contributing to the Travelers Companies, Inc. witnessing lower net income for 2017 Q2 compared to 2016 Q2. Net income was US$595 million for

News CatastrophesCommercial LinesEarnings / RatingsInsurancePersonal Lines

Travelers reports combined ratio of 96% for Q1, net income of US$617 million

April 20, 2017 by Canadian Underwriter

The Travelers Companies, Inc. has reported a combined ratio of 96% for the first quarter of 2017, up 3.7 points from 92.3% in the first quarter of last year. Net income for the first quarter of 2017 ending March 31

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RSA Group reports record 2016 underwriting profit of 380 million pounds and record combined ratio of 94.2%

February 24, 2017 by Canadian Underwriter

RSA Group has reported a record Group underwriting profit of 380 million pounds for 2016 – up 73% from 220 million pounds in 2015 – and a record Group combined ratio of 94.2% compared to 96.9% in 2015. RSA also

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CNA Property & Casualty Operations combined ratio at 95.9% for full-year 2016

February 7, 2017 by Canadian Underwriter

CNA Financial Corporation has reported a Property & Casualty Operations combined ratio for 2016 of 95.9%, similar to 95.4% for the 12 months ending Dec. 31 2015, and a combined ratio of 99.9% for the fourth quarter of 2016 ending

News CatastrophesCommercial LinesEarnings / RatingsInsurancePersonal LinesReinsurance

Travelers’ net income up 9% in Q4 2016 to US$943 million

January 24, 2017 by Canadian Underwriter

The Travelers Companies, Inc. has reported a net income of US$943 million for the fourth quarter of last year ending Dec. 31, 2016, up 9% from US$866 million in the prior-year quarter. Travelers released its financial results on Tuesday, noting

News Commercial LinesEarnings / RatingsInsuranceReinsurance

Markel Corporation reports consolidated net written premiums of US$3.162 billion for first nine months of the year

November 2, 2016 by Canadian Underwriter

Glen Allen, Va.-based Markel Corporation reported on Tuesday consolidated net written premiums (NWP) for the nine months ending Sept. 30 of US$3.162 billion, up from US$3.023 billion in the same prior-year period. Of the consolidated NWP for the nine-month period,

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U.S. P&C insurers report US$1.5 billion net underwriting loss in first half of 2016

October 5, 2016 by Canadian Underwriter

Private property and casualty insurers in the United States reported a US$1.5 billion net underwriting loss in the first half of 2016 – the first year-to-date net underwriting loss in more than three years, according to ISO, a Verisk Analytics

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U.S. P&C insurance industry posts underwriting loss of US$2.3 billion in first half of 2016: A.M. Best

September 16, 2016 by Canadian Underwriter

The property and casualty insurance industry in the United States posted an underwriting loss of approximately US$2.3 billion and a 3.5% decline year-over-year in net investment income through the first six months of 2016, said a new A.M. Best Company

News CatastrophesCommercial LinesEarnings / RatingsInsurancePersonal Lines

Combined ratio for Aviva plc for Canada up 3.9 points to 95.8% in first half of 2016

August 8, 2016 by Canadian Underwriter

Aviva plc has reported a general insurance combined ratio of 95.8% for Canada for the first six months of 2016, up 3.9 points from the H1 2015 combined ratio of 95.8%. In particular, the combined operating ratio for the first

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RSA Group reports $75 million net claims cost for Fort McMurray wildfire in 2016 interim results

August 6, 2016 by Canadian Underwriter

RSA Insurance Group plc has reported a net claims cost of 39 million pounds – or $75 million – for the recent Fort McMurray wildfire and 35 million pounds for the United Kingdom and European floods in June in its

News Insurance

Markel reports 3-point drop in combined ratio in Q2 2016 to 93%, US$25.3 million underwriting loss related to Fort McMurray wildfire

August 3, 2016 by Canadian Underwriter

Markel Corporation has reported a 3 point drop in its combined ratio for the second quarter of 2016 ending June 30, from 96% in Q2 2015 to 93% in the most recent quarter, despite a US$25.3 million underwriting loss related