St. Paul Travelers has revealed that second-quarter net income fell to $970m from $1.07bn a year ago.
The year-ago results were bolstered by a $138m aftertax gain from discontinued operations, mostly related to the partial sale of its stake in Nuveen Investments.
Operating income before investment gains and losses was $959m.
The company said net written premiums rose 8% to $5.66bn, while net investment income rose 13% to $673m.
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.
