Radian Group Inc, the biggest U.S. private mortgage insurer, reported a quarterly profit after four straight losses as fewer homeowners defaulted on their loans in a recovering housing market.
Hartford Financial Services Group's quarterly profit exceeded analysts' average expectation as it benefited from lower disaster losses, and the insurer announced a new $2 billion share buyback plan.
Property and casualty insurer Chubb Corp reported a better-than-expected quarterly profit as its claims fell 30% and announced a $1.5 billion share buyback.
ACE Ltd has agreed to buy a 60.9% stake in Thailand's Siam Commercial Samaggi Insurance PCL for about $185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.
ACE Ltd has agreed to buy a 60.9% stake in Thailand's Siam Commercial Samaggi Insurance PCL for about $185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.
QBE Insurance Group Ltd said it expects to post a $250 million net loss this year due to writedowns and unexpectedly large claims after weak crop prices hit its U.S. operations, sending shares in Australia's biggest insurer down 20 percent.
Whether it carries sticks (lumber for new homes) or stones (aggregate and sand for new concrete), or coal to power an electric plant so we can heat our homes in winter, a train often represents holidays.
Insurer Hartford Financial Services Group's third-quarter operating profit beat analysts' average estimate as pricing rose 8 percent in its P&C casualty commercial business.
Insurer Hartford Financial Services Group's third-quarter operating profit beat analysts' average estimate as pricing rose 8 percent in its P&C casualty commercial business.