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Prudential Financial posts $2.4bn loss in Q2 on investment slump
05 August 2020Insurer hit by $2.7bn loss on derivative-related products, lowers interest rate expectations
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The Hartford Q2 investment income plunges 31%
31 July 2020Caused by private equity and alternative investment losses
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Genworth promotes CIO to additional CFO role
29 July 2020Dan Sheehan to assume both roles and succeeds departing Kelly Groh
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AIG unit fined $40m for conflicts of interest in investment product sales
29 July 2020VFA netted millions of dollars in fees from investments sold through teachers' unions
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Axis Capital Q2 investment results down 67% from 2019
29 July 2020Insurer hit by losses in credit and real estate
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Chubb posts $2.7bn of quarterly post-tax investment gains
29 July 2020But $1.2bn charge for COVID-19 sees company fall to $331m net loss for quarter
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US P&C suffered sharpest cut to surplus on record in Q1 as markets plunged
29 July 2020Annualised yield of 3% undercuts 3.3% 10-year average
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First American profits $69.3m from equity gains in Q2
24 July 2020But fixed income suffers on short-term rates drop
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Travelers posts Q2 loss of $40m compared to $557m gain last year
23 July 2020US insurer hit by cats and lower investment income, COVID-19 losses modest
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AllianzGI sued by US pension fund for pandemic-losses
23 July 2020Arkansas teachers fund says AGI lost it $774m by employing "reckless strategy" this year