Tag: Property & Casualty Insurance

Allstate Q2 Performance: Growth in Auto and Homeowners Insurance

Discover Allstate's impressive Q2 performance with significant growth in auto, homeowners, and investment income, reinforcing its market leadership in insurance.

Afore Insurance Expands into Kentucky with Agency Acquisition

Afore Insurance expands into Kentucky through the acquisition of Myron K. Hobbs & Company, enhancing employee benefits and insurance offerings.

AM Best Affirms Selective Insurance Group's Strong Financial Ratings with Stable Outlook

AM Best confirms Selective Insurance Group's A+ Financial Strength Rating and stable outlook, highlighting strong capitalization, underwriting profitability, and risk management in its insurance operations.

Q2 Earnings Highlight Mixed Results for U.S. Property & Casualty Insurers

Q2 earnings season reveals mixed but generally positive results for leading U.S. property and casualty insurers, highlighting key industry trends and stock performances.

Russell 2000 Insights: Key Small-Cap Stocks Including Xponential, Tutor Perini, & HCI Group

Analyze promising and underperforming Russell 2000 stocks including Xponential Fitness, Tutor Perini, and insurance leader HCI Group. Understand valuation and market impacts on these small-cap investments.

Axis Capital Names Matthew Kirk as CFO Effective March 2026

Axis Capital appoints Matthew Kirk as CFO effective March 2026, succeeding Peter Vogt in a planned leadership transition focusing on financial stability in property & casualty insurance.

Travelers Q2 2025 Net Income Jumps 185% Amid Lower Catastrophes and Strong Premium Growth

Travelers reports a 185% increase in Q2 2025 net income, driven by lower catastrophe losses, improved underwriting results, and premium growth across key insurance segments. Combined ratio improves to 90.3%, with strong return on equity and ongoing capital returns.

Travelers to Sell Canadian Personal and Commercial Insurance Businesses for $2.4B

Travelers is selling its Canadian personal and most commercial insurance businesses to Definity Financial for $2.4 billion, closing expected in 2026. The move reflects strategic focus amid wildfire losses.