INSURASALES

Tag: Financial Results

Berkshire Hathaway Q2 Reinsurance Profits Improve While Primary Insurance Faces Challenges

Berkshire Hathaway reports improved Q2 reinsurance underwriting profits due to lower losses and expenses, despite primary insurance challenges linked to Guard.

Berkshire Hathaway Insurance Profit Declines as GEICO Margins Improve

Berkshire Hathaway reports 12% drop in insurance underwriting profit despite GEICO's improved margins. Highlights include Kraft Heinz write-down and management transition.

Kansas City Life Reports Q2 2025 Net Loss Amid Legal Settlement Accrual

Kansas City Life Insurance Company posts a $28.1M net loss in Q2 2025 driven by a $35.5M legal settlement accrual amid ongoing class action lawsuits impacting financial results.

UnitedHealth Faces DOJ Scrutiny Over Medicare Advantage as Industry Faces AI and Market Shifts

UnitedHealth Group responds to DOJ investigations into Medicare Advantage amid broader insurance market changes including AI automation and pharmaceutical supply dynamics.

Chubb Q2 2025 Net Income Surges 33% with Premium Growth

Chubb reports a 33% increase in Q2 2025 net income driven by premium growth and strong underwriting results despite catastrophe losses.

Travelers Q2 2025 Earnings Show Mixed Results with Strong Profit and Moderate Revenue Growth

Travelers reported Q2 2025 revenue growth of 7.4% with GAAP EPS surpassing estimates by 76.6%. Mixed results reflect strong underwriting and investment income, plus moderate net premiums growth.

PICC Property and Casualty Declares Final Dividend for 2024

PICC Property and Casualty Company Limited announced its final dividend for 2024, detailing dividend rates and payment schedules for shareholders including specifics on currency conversion for H Shares.

California Wildfires Drive $1.1B Underwriting Loss for US Property/Casualty Q1 2025

The US property/casualty insurance sector posted a $1.1 billion underwriting loss in Q1 2025 driven by California wildfires, impacting combined ratios and net income significantly.

UnitedHealth Group Faces Financial Challenges Amid Medicare Cost Pressures

UnitedHealth Group reported financial setbacks in 2025 due to Medicare cost pressures and regulatory changes, prompting leadership shifts and raising stock outlook discussions.

FG CEO Boosts Stake Amid Q1 Loss and Strategic Portfolio Focus

FG CEO Christopher O Blunt makes significant stock purchase amid Q1 loss; firm focuses on strategic capital allocation and managing margin compression while maintaining asset growth.