Good Assurance

The latest business news for the Property & Casualty insurance industry



AIG reports loss of Q4 on disasters, lower investment profits

American International Group Inc. Wednesday reported a quarterly loss when the insurer was hit by catastrophe losses and achieved a lower return on investments in a volatile market. Excluding realized gains and losses and other items, AIG posted a loss… Continue Reading →

AIG reports catastrophic Q4 net loss

American International Group (AIG) reported a net loss of $ 622 million for the fourth quarter (Q4) of 2018, significantly lower than $ 6.7 billion in the same quarter last year. Like many, the insurance conglomerate was hit with significant… Continue Reading →

CNA Financial reports loss in Q4

CNA Financial, owner of accident and accident insurance, today announced a fourth quarter (Q4) net loss of $ 84 million, a decrease of $ 307 million over the same period last year, when the insurer recorded a net profit of… Continue Reading →

Aspen reports losses for the entire year of $ 145.8 million

Aspen Insurance Holdings Limited stays in red but reports a lighter shadow. After the loss of US $ 266.4 million in 2017, Aspen narrowed it to a net after tax loss of US $ 145.8 million for the 12 months… Continue Reading →

Consumer Reports: New advice on car rental insurance

Consumer Reports: New advice on car rental insurance More titles Are you planning a trip with a rental car? It's easy to find the car of the right size, but what about insurance additives? Do you have to buy extra… Continue Reading →

PG & E shares dive 30% on possible bankruptcy reports • Good Assurance

Hours after NPR reported PG & E, a struggling California company, suspected the sale of its natural gas division could pay fines of up to billions of dollars if its equipment caused the deadly and destructive fires in southern and… Continue Reading →

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