Hiscox Ltd reported its interim results for the six months ending 30 June 2024, showing growth in insurance contract written premium (ICWP) and an increase in profit before tax.
According to a report from The Royal Gazette, Palomar Holdings Inc., the parent company of Palomar Specialty Reinsurance Company Bermuda Ltd, has announced robust financial results for the second quarter of 2024. The company reported net income of $25.7 million, marking a significant 46% increase from the $17.6 million reported in the same period last year.
White Mountains Insurance Group, Ltd. has shared its financial results for the second quarter of 2024. The firm’s book value per share was $1,722, while its adjusted book value per share (ABVPS) was $1,777.
Liberty Mutual Insurance (formally Liberty Mutual Holding Company and its subsidiaries, or LMHC collectively) continues to recover from its 2023 losses, announcing another quarter of a major turnaround.
QBE Insurance Group has published its interim financial results, showing a doubling of net profit after income tax in the first six months of 2024.
Beazley Plc has published its interim earnings, announcing a “record” profit in the first half of 2024.
E&S wholesale broker and managing general agency Risk Placement Services (RPS) has announced the launch of three new transportation products for risks with one to 10 power units.
The J.D. Power 2023 US Auto Claims Satisfaction Study found that customer satisfaction with the auto insurance claims process has not waned despite longer repair times.
A new report from MarketScout revealed that the composite rate for personal lines across the United States stood at 4% for the third quarter of 2023. In the same quarter, commercial insurance rates saw an increase of 3.72%, compared to 5% in the second quarter.
Hong Kong-based global reinsurer Peak Re has released its financial results for the first half of 2023, covering the six months ending on June 30.