Insurer St. Paul Travelers today posted a first-quarter net income of $212m (£110m) compared with...
Insurer St. Paul Travelers today posted a first-quarter net income of $212m (£110m) compared with net income of $587m (£306m) a year earlier, a 64% drop.
The company said revenue from premiums rose by 53% to $5.1bn (£2.7bn), with total revenue of $6.1bn (£3.2bn), up from $4.1bn (£2.1bn) in the same quarter the previous year.
Net income was weighed down by a tax charge of $687m (£358) linked to the sale of its 78% stake in Chicago-based Nuveen, which was partially offset by its share of Nuveen net income for the quarter, the company said.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
