Business Insurance Higher claims, finance costs cut into Coface’s profit France-based Coface SA posted an 11% year-on-year drop in net income to 155 million euros ($175 million) for the first three quarters of 2026 due to higher insurance finance expenses and credit insurance claims,…
Intact Financial Corporation’s third-quarter earnings fell sharply after a summer of floods, storms and wildfires. Premiums and distribution income still grew, the insurer said Tuesday. Net operating income per share dropped 19% to $3.63 from $4.46 a year earlier. Diluted earnings per share…
The Globe and Mail CNA Q3 Earnings Miss on Higher LTC Reserves, Catastrophe Losses CNA Financial CorporationCNA reported third-quarter 2026 core earnings of 75 cents per share, missing the Zacks Consensus Estimate of $1.16 by 35.3%. The bottom line declined 50% year over year. CNA Financial…
Bloomberg Law News A Massachusetts pharmaceutical ingredient distributor sued its insurer, a Chubb Ltd. unit, for refusing to cover its defense and settlement costs in a wave of personal injury lawsuits tied to Moringa leaf powder, a product the company…
MARIETTA, PA — Donegal Group Inc. (Nasdaq: DGICA, DGICB) reported a 9.6% decline in third-quarter profit as intensifying competition reduced insurance premium volume and higher weather-related losses pressured underwriting results, prompting the Pennsylvania insurer to pursue more selective growth. Net income fell to…
She was with Aon for almost 19 years, holding various senior marine roles. She was formerly a practising lawyer focused on the telecoms, media and technology sector. Veteran Volante Global executive will lead TFP Asia Pacific, with the new entity set…
Intelligent Insurer
She succeeds Jonathan Groves following his appointment as Australia Pacific CEO in September. He has been with the Italian insurer for over 12 years, most recently as its head of finance for the Mediterranean and Latin America. They will work closely…
CNA Financial's underlying underwriting margins weakened in the third quarter as rate increases slowed and loss costs rose in excess casualty and workers' compensation. The commercial lines insurer said it is turning away business where pricing and terms no longer…
TradingView CNA: LTC reserve charges and higher P&C losses cut Q3 earnings as underwriting discipline remained central Q3 net income and core income declined sharply YoY, while P&C underwriting ratios worsened amid higher catastrophe losses and underlying claims. LTC reserve…
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Insurers · High-net-worth and specialty insurers
Global insurer whose U.S. auto business is built for high-net-worth households, with agreed-value cover, OEM parts and very high liability limits.