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After First Net Loss Since 1923, USAA Back to Profit in 2023
Insurance Journal· 3 days agoUSAA on Friday said it recorded net income for 2023 of about $1.2 billion, reversing a 2022 loss—the...
The Insurance Market Is Flirting With Natural Disasters
The Wall Street Journal via Yahoo Finance· 3 days agoFitch Ratings said in a recent note that “the market is better able to withstand extreme loss...
Why Is American International Group (AIG) Up 0.2% Since Last Earnings Report?
Zacks via Yahoo Finance· 6 days agoThe metric surpassed our estimate of $517.9 million. Catastrophe losses plunged 59.8% year over year...
Axis Capital (AXS) Up 11.7% Since Last Earnings Report: Can It Continue?
Zacks via Yahoo Finance· 6 days agoOur estimate was $1.1 billion. Pre-tax catastrophe and weather-related losses, and net of...
Allstate (ALL) Down 2.5% Since Last Earnings Report: Can It Rebound?
Zacks via Yahoo Finance· 6 days agoUnderwriting income in the unit amounted to $898 million in the first quarter against the prior-year...
Commercial Property Insurance Market Proving More Stable, Capitalized: USI
Insurance Journal· 13 hours agoIn the report, USI listed reinsurance market stabilization, expanded capacity on shared and layered...
UN official highlights how better preparation has shrunk disaster deaths despite worsening climate -...
ABC17 NEWS· 6 days agoBy SETH BORENSTEIN AP Science Writer A top United Nations official says even though climate change makes disasters such as cyclones, floods and droughts more intense, more frequent and striking ...
After rare loss in 2022, USAA returns to profitability in '23
San Antonio Express-News· 6 days agoFor 2023, USAA reported a profit of $1.2 billion, up from 2022's $1.3 billion loss but down from a...
MIS unveils AI damage classifier to boost insurers’ catastrophic event response
Life Insurance International via Yahoo Finance· 1 day agoThe advancements in GEO's capabilities also empower insurers to make more informed decisions post-...
After rare loss in 2022, USAA returns to profitability in '23
San Antonio Express-News· 6 days agoFor 2023, USAA reported a profit of $1.2 billion, up from a loss of $1.3 billion in 2022 but down...