Keywords: Second quarter earnings
US insurance giant Travelers Companies Inc. reported a significant improvement in its second-quarter profitability, benefiting from a sharp reduction in catastrophe-related losses and stronger returns from its investment portfolio. The company’s latest results highlight how disciplined risk management......
Progressive reported higher second-quarter earnings on Wednesday, supported by sustained demand for personal auto insurance policies, underscoring the resilience of the U.S. insurance market despite rising claims-related costs. The insurer benefited from continued customer growth in its core automobile......
Korean Air reported a sharp decline in second-quarter operating profit as higher fuel costs weighed on earnings, even as the airline posted its highest-ever revenue for a second quarter thanks to robust passenger demand and a booming cargo business. The South Korean flag carrier said strong inbound......
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