Chubb Reports Second Quarter Net Income Per Share of $4.32, Up 54.3%, and Record Core Operating Income Per Share of $4.92, Up 16.6%; Consolidated Net Premiums Written of $11.95 Billion, Up 16.1%, or 16.8% in Constant Dollars, with P&C Up 10.4% and Combined Ratio of 85.4%; Year-to-Date Net Income Per Share of $8.84, Up 20.3%, and Record Core Operating Income Per Share of $9.32, Up 15.8%

 Chubb Limited (NYSE: CB) today reported net income for the quarter ended June 30, 2023 of $1.79 billion, or $4.32 per share, and core operating income of $2.04 billion, or $4.92 per share. Book value per share and tangible book value per share increased 0.6% and 0.2%, respectively,…

Read MoreChubb Reports Second Quarter Net Income Per Share of $4.32, Up 54.3%, and Record Core Operating Income Per Share of $4.92, Up 16.6%; Consolidated Net Premiums Written of $11.95 Billion, Up 16.1%, or 16.8% in Constant Dollars, with P&C Up 10.4% and Combined Ratio of 85.4%; Year-to-Date Net Income Per Share of $8.84, Up 20.3%, and Record Core Operating Income Per Share of $9.32, Up 15.8%

UnitedHealthcare Donates $11 Million to Community Organizations Through Its Empowering Health Program

UnitedHealthcare is donating more than $11.1 million in grants through its Empowering Health program across 12 states. The grants will assist people experiencing challenges such as food access and nutrition, social isolation, and behavioral health issues, and support local health…

Read MoreUnitedHealthcare Donates $11 Million to Community Organizations Through Its Empowering Health Program

Allianz to serve global commercial insurance segment as one go-to-market business

Allianz Global Corporate & Specialty has joined forces with the commercial insurance businesses of local Allianz entities, trading under the name “Allianz Commercial” as of today New regional set-up confirmed with 11 regions, each represented by one Commercial Managing Director  Allianz Integrated…

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Wells Fargo & Company Increases Common Stock Dividend and Announces New $30 Billion Common Stock Repurchase Program

Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.35 per share, payable Sept. 1, 2023, to stockholders of record on Aug. 4, 2023. The third quarter dividend represents an…

Read MoreWells Fargo & Company Increases Common Stock Dividend and Announces New $30 Billion Common Stock Repurchase Program

SoftBank Corp. and Rwanda’s Ministry of EducationSign Agreement to ProvideEducational Technology Service in RwandaThat Utilizes Non-Terrestrial Network Solutions

SoftBank Corp. (“SoftBank”) announced the signing of a Partnership Agreement on June 28, 2023, with the Government of Rwanda’s Ministry of Education (“MINEDUC”) to provide an educational technology (EdTech)*1 service in Rwanda using Non-Terrestrial Network (NTN) solutions starting from the Fall…

Read MoreSoftBank Corp. and Rwanda’s Ministry of EducationSign Agreement to ProvideEducational Technology Service in RwandaThat Utilizes Non-Terrestrial Network Solutions

Morgan Stanley Wealth Management Pulse Survey Reveals Growing Investor Optimism

New York – Morgan Stanley Wealth Management today announced results from its quarterly individual investor pulse survey: “Despite a recent market rise, investor uncertainties abound,” said Mike Loewengart, Head of Model Portfolio Construction for Morgan Stanley Portfolio Solutions. “We’re beginning…

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Goldman Sachs Reports 2023 Second Quarter Earnings Per Common Share of $3.08 and Annualized Return on Common Equity of 4.0%

The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $10.90 billion and net earnings of $1.22 billion for the second quarter ended June 30, 2023. Diluted earnings per common share (EPS) was $3.08 for the second quarter…

Read MoreGoldman Sachs Reports 2023 Second Quarter Earnings Per Common Share of $3.08 and Annualized Return on Common Equity of 4.0%