Share price

Lemonade shares drop 12% following Q3 results and life push

The share price of Lemonade dropped 12.2 percent on Wednesday as investors reacted to the insurtech’s third quarter results and announcement that it would test a life insurance product in the next three months.

European reinsurance stocks continue to climb on vaccine hopes

Shares in Europe’s big four reinsurers continue to trade at a significant discount to their December 2019 close despite this week’s huge gains following the discovery of a Covid-19 vaccine forecast to be 90 percent successful.

US-listed (re)insurance stocks surge again

A good week so far for US-listed (re)insurance stocks continued on Tuesday, with many companies posting strong gains against a mixed performance for the wider markets.

Markets Review: Global P&C stocks leap on vaccine breakthrough

Global P&C equities surged on Monday after Pfizer and BioNTech revealed a breakthrough in the race to find a vaccine for Covid-19.

US (re)insurance stocks follow Europe in Covid-19 vaccine surge

US (re)insurance stocks surged higher at the open, adding to a global market rally fuelled by news from drugmaker Pfizer and BioNTech on a breakthrough in the race to find a vaccine for Covid-19.

Hallmark’s shares slide 7% after &quote;poor&quote; Q3 results

Hallmark’s shares slide 7% after "poor" Q3 results

Hallmark Financial’s share price traded down sharply on Friday as investors reacted to the specialty insurer’s third-quarter operating loss that included further adverse development on reserves.

Beazley cat appetite to remain below 2014/15 levels: Horton

London-listed carrier Beazley will continue to temper its property catastrophe risk appetite into 2021 as pricing has not yet returned to a level where the reward ratio warrants writing materially more business, chief executive Andrew Horton has said.

Allianz shares gain on Q3 earnings beat

Shares in Allianz pushed higher in early trading on Friday after the German insurer posted a third-quarter earnings beat, prompting bullish commentary from analysts.

Axa XL receives €1bn injection as investors await clarity over future direction

Axa’s quarterly results disclosure provided some relief to investors with no change in the French insurer’s previously disclosed Covid-19 estimate of €1.5bn ($1.75bn) and further indications of performance improvement within its Axa XL division.

Election uncertainty and fresh stimulus lead to mixed trading for Euro P&C stocks

European P&C stocks flatlined in early afternoon trading after yet another choppy morning session as a huge stimulus package from the UK’s central bank failed to generate much investor optimism, while uncertainty over a drawn-out US presidential election persists.

RSA shares dip despite upbeat Q3

Shares in RSA Insurance Group plc shed 2.2 percent in morning trading after the insurer reported a third-quarter top-line miss but better-than-expected combined ratio, against a backdrop of continued market volatility amid US election uncertainty.

European P&C stocks volatile on knife-edge US election

European P&C stocks have experienced volatile early afternoon trading after a choppy start to the session as uncertainty over the outcome of the US presidential election sent shockwaves through global equity markets.

European P&C stocks join market rally ahead of US election

European (re)insurance stocks climbed steadily after markets opened this morning, joining a global equity rally on the day of the US presidential election, as polling favoured Democratic candidate Joe Biden to defeat Republican incumbent Donald Trump.

Euro P&C stocks struggle for direction as markets head for worst week since March

European (re)insurance stocks seesawed between losses and gains in morning trading on Friday, capping off a torrid week of trading on both sides of the Atlantic amid rising coronavirus cases and new lockdowns.

Aon shares expected to trade up following earnings beat

Aon’s share price is expected to trend up today following this morning’s earnings beat, according to Keefe, Bruyette & Woods (KBW), driven by strong organic growth of 13 percent in the broker’s Reinsurance Solutions business.

Numis raises Lancashire price target on improving market sentiment

Numis Securities has raised its target share price on Lloyd’s carrier Lancashire on the prospect of improved market conditions in 2021 and beyond, with the potential for strong returns and capital distributions in future years.

White Mountains raises $57mn in MediaAlpha IPO

White Mountains has raised $56.8mn from the initial public offering of MediaAlpha, with its stake in the insurance marketing technology company reducing to 33 percent.

Chubb shares trade up on strong Q3 premium growth

Investors reacted to Chubb’s third-quarter results by sending its share price up over 4 percent in early morning trading, while chairman and CEO Evan Greenberg revealed the insurer’s overall North America rates are up 15 percent.

P&C (re)insurance stocks dip as Covid concerns and stimulus worries rise

US-listed property casualty (re)insurance stocks traded down on Monday as concerns mount throughout the financial markets over Covid-19 cases that continue to rise and further delays to proposed stimulus efforts.

Investors send RLI shares up 6% after better than expected Q3

Investors and analysts have welcomed RLI’s significant outperformance of expectations in the third quarter, while the insurer’s management provided bullish commentary on pricing during an earnings call.

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