Sector Spotlight – Second Quarter Insurance Updates
Updated as of 9:30 AM CST on July 21, 2020.
Prelim Results
- Travelers: Announces Preliminary Results for Second Quarter 2020
- Chubb: Announces Second Quarter 2020 Global Net Catastrophe Loss Estimates, Including COVID-19 Global Pandemic Losses
- Progressive: Reports June 2020 Results
- Allstate: Announces June and Second Quarter 2019 Catastrophe Loss Estimates
Earnings Results
- SThree: Half Year Results
COVID impacts
- Chubb: Announces Second Quarter 2020 Global Net Catastrophe Loss Estimates, Including COVID-19 Global Pandemic Losses
- Hartford: Extends Its COVID-19 Personal Auto Payback Plan
Changes in capital allocation
- BBSI: Announces Transfer of $116 Million of Claims Liabilities and Renewal of Fronted Workers’ Compensation Program with Lower Retention Levels
- CBIZ: Acquires Property And Casualty Insurance Agency Prince-Wood Insurance
- Brown & Brown: Announces the Asset Acquisition of First Resource
- Allstate: Expands Personal Lines Market Position with Acquisition of National General
- MetLife: Declares Third Quarter 2020 Stock Dividend
Additional items
- Allstate: acquires National General for $4 billion in cash
- CSG: Extends Agreement With Bell Canada to Support TV and Streaming Services
- Travelers: Named a 2020 Best Place to Work for Disability Inclusion
- R1: Announces Sale of its Emergency Medical Services Business to Sarnova Holdings