Lemonade Books Q3 Net Loss of $37.5 Million
Article 0 Comments Insurtech Lemonade reported a third quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time. Revenue and gross profit...
Tagged: earnings
AIG Q1 Underwriting Income More Than Halved on Wildfire Losses
Article 0 Comments First quarter underwriting income in AIG’s General Insurance segment dropped 59% compared to last year to $243 million. The unit—North America commercial, International commercial, and global personal—recorded $525 million in catastrophe-related...
Ryan Specialty Q4 Net Income Up 28% on E&S Expansion
Article 0 Comments Ryan Specialty reported fourth quarter 2023 net income of $58.5 million and net income of $194.5 million for the full year. The Chicago-based specialty insurance firm grew Q4 net income by...
Liberty Mutual Records $219M Q3 Net Income
Article 2 Comments Liberty Mutual Holding Co. on Thursday reported third quarter net income of $219 million, reversing a loss of $353 million a year ago during the same time. Timothy Sweeney “Solid underwriting...
5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues
Article 0 Comments Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,” and “strong” to describe their companies’ financial performances. In a wrap-up...
Travelers Q3 Net Income Down 11% on Catastrophe Losses, Reserve Development
Article 0 Comments Third quarter net income at Travelers Cos. fell 11% compared to the prior-year quarter to $404 million on higher catastrophe losses and unfavorable reserve development. As one of the first insurers...