Progressive Corp. reports a 14 percent decrease in 2011 fourth-quarter net income and a 32 percent drop in December, compared to the same periods the year prior.

Transatlantic Holdings Inc. leads the latest group of insurers reporting losses related to the flooding in Thailand, with an expected $72 million hit to fourth-quarter results.

Chartis has reassigned some of its top executivesthe second such shakeup for the American International Group subsidiary in less than a yearin conjunction with a geographic restructuring to hone in on growing economies.

Chartis has reassigned some of its top executivesthe second such shakeup for the American International Group subsidiary in less than a yearin conjunction with a geographic restructuring to hone in on growing economies.

PartnerRe Ltd. is the latest insurer to issue an estimate related to the flooding in Thailand, with an expected $120 million 2011 fourth-quarter charge.

Countries prone to earthquakes, especially Japan, remain underinsured, reveals a new report from Swiss Re.

Countries prone to earthquakes, especially Japan, remain underinsured, reveals a new report from Swiss Re.

Global investment bank Keefe, Bruyette & Woods says property and casualty insurance industry investors may not see improvements in earnings per share or return on equity in fourth-quarter earnings, but there is a silver lining for some companies.