RECENT NEWS
Financial Times  2 hrs ago  Comment 
Net income more than doubled in the third quarter at Allianz, Europe's largest insurance group, but said its property and casualty business continues to operate below normal levels
Bloomberg  Nov 3  Comment 
Swiss Reinsurance Co., the world’s second-largest reinsurer, rose the most in six months in Zurich trading after reporting an unexpected third-quarter profit.
MarketWatch  Nov 3  Comment 
Swiss Re swung to a 334 million Swiss franc profit in the third quarter, helped by growing profits in property and casualty, a return to profit in life and health and fewer markets-related losses. Swiss Re had lost 304 million francs in the...
Insurance Journal  Nov 2  Comment 
CNA Financial Corp.'s third quarter 2009 results included net operating income of $331 million and net income of $263 million along with a combined ratio for property/ casualty operations of ...
Bloomberg  Oct 29  Comment 
(Update2) XL Capital Ltd. Chief Executive Officer Michael McGavick said he is “mystified” by other insurers’ rates for coverage and will maintain disciplined underwriting rather than cut prices to unprofitable levels.
Insurance Journal  Oct 29  Comment 
Steven D. Carroll, Robert Jarratt and Michael H. Lee have been elected as the newest members of the Property Casualty Insurers Association of America's (PCI) Board of Governors. Carroll, serves ...
Insurance Journal  Oct 26  Comment 
Socius Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Matt Baird as Assistant Vice President ...
Insurance Journal  Oct 23  Comment 
Socius Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Devin Wright as assistant vice ...
Insurance Journal  Oct 22  Comment 
Universal Property and Casualty Insurance Co. (UPCIC) reports it has received approval for a premium rate increase for its homeowners program in Florida. The premium rate increase, which will ...
Insurance Journal  Oct 22  Comment 
Travelers Companies Inc., the No. 1 publicly-traded U.S. property/ casualty insurer, said its quarterly profit more than quadrupled, strongly beating expectations, as a dearth of costly ...
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Insurance companies in this industry sell property insurance (insurance on homes, cars and businesses) casualty insurance (liability insurance). These companies make money by collecting premiums for the policies that they issue and investing those premiums in the market. If the total amount that a company collects from premiums + the gains that it makes from its investments exceeds the amount that the company has to pay out in claims, then the company is able to turn a profit.

Companies in the Property & Casualty Insurance Industry (81)

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