2012 earnings News

FM Global Swings to $774M Net Profit for Full-Year 2012

Johnston, R.I.-based FM Global, one of the world’s largest business property insurers, announced $774 million net income for the full-year 2012. That compares favorably to a net loss of $41.5 million during the full-year 2011 — the year when the …

SNL Analysis Highlights Sandy’s Impact on P/C Underwriting Results

Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual property/casualty filer’s statutory data illustrates how big of an impact Superstorm Sandy had on the filers’ underwriting results. SNL said this week one individual filer whose 2012 underwriting …