Earnings

Guy Carpenter achieves 9% underlying expansion, while group organic revenue shrinks 2%.

The broker beats earnings forecasts, and reports increased profit margins within its two insurance businesses.

Watford is facing its first investor call since its activist campaign began.

The underwriter reported continued improvement in underlying results with its second quarter results.

CEO John Roche says in-force cancellation moratoria helped to boost the carrier’s retention rate for the segment.

It would be easy to look at Chubb’s Q2 and consider it a rare instance of underperformance.

Yesterday, the broker reported Q2 results that included positive data points and provided further evidence that more acute revenue pressures appear not to have materialized.

Following last week when the market heard from Travelers, Berkley, RLI, Employers, and Old Republic, the Q2 earnings season kicks into high gear this week.

In many ways, Travelers’ Q2 report should have been a “nothing” day.

The company pointed to a decline in new business, audit premiums and more but moderating premium-reducing midterm endorsements.

The figure brings the reinsurer’s pandemic loss total to $310mn.

Rates at Travelers increased by “double digits”, excluding workers comp.