MetLife, General Atlantic to launch reinsurance venture

MetLife and General Atlantic are launching Chariot Reinsurance, a $1 billion venture to combine insurance assets with alternative investment strategies, enhancing returns and freeing capital.

Earnings call: Chubb reports strong Q3 growth, positive outlook for 2024

Chubb reports strong Q3 results, shares rise

Chubb Limited reported strong Q3 earnings, with adjusted EPS of $5.72 and revenue of $16.76 billion, exceeding expectations, amid industry-wide catastrophe losses.

Chubb earnings beat by $0.74, revenue topped estimates

Chubb exceeded Q3 EPS estimates with $5.72 and reported $16.76B revenue, reflecting strong financial performance and stock growth over the past year.

Piper analysts say Hurricane Milton may change the insurance market

Hurricane Milton could significantly impact the insurance market, with expected substantial losses leading to potential stock declines and increased premiums, affecting several major insurance companies.

Spirit Airlines, Rivian, Evgo fall premarket; Abercrombie & Fitch rises

US stock futures are steady as traders await a key jobs report; Spirit Airlines faces bankruptcy concerns, while Rivian cuts production forecasts amid parts shortages.

Global insurers fight London court battle over jets 'lost' in Russia

Insurers face off in London over multi-billion dollar claims for stranded aircraft after Ukraine invasion, with significant implications for aviation lessors and the insurance industry.

Pinterest added to RBC's 'Top 30 Global Ideas List', Amazon out

RBC Capital Markets updated its Top 30 Global Ideas List, adding Pinterest and others while removing Amazon and notable names, amid expectations for improved growth and returns.

Families of workers killed in Baltimore bridge collapse sue cargo ship owner, operator