TransRe hit with $115mn Covid-19 loss
A $40mn underwriting loss driven by Covid-19 claims led Alleghany’s earnings to fall by 40% from last year.
A relevered AIG = less capital flexibility just as the fun starts
AIG reported Q2 operating EPS of $0.66 versus $0.50 consensus and $1.43 YoY. Operating results were driven by an improving underlying general insurance result, offset by Covid losses, and lower net Read more
Unsurprisingly surprising
Although Thursday's broker reports beat consensus expectations on most of the key performance metrics from the top to bottom line, the positive “surprises” were hardly surprising
Q2 earnings preview: Just a slow-motion car wreck
Last week featured the first new data points on Q2 earnings with Progressive and Truist reporting. But P&C earnings season really kicks off this week with the traditional frontrunners set to report.
Truist’s Q2 adds to broker optimism
Truist Insurance reported its Q2 results providing the first view on broker earnings season, and more broadly, a read on P&C market dynamics.
The Full Perspective: Convex capital raise and PartnerRe CEO change
This week the team looks at the prospects for Convex’s new capital raise as well as the CEO transition at PartnerRe.
Will Watford bring the fight or continue to play possum?
Watford is facing its first investor call since its activist campaign began.
A good quarter to bury bad news
It would be easy to look at Chubb’s Q2 and consider it a rare instance of underperformance.