Quarterly Loss Estimations, Awards, Team Expansions, and New Appointments - Research Report on Chubb, ACE, Allstate, Radian, and The Hartford
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NEW YORK, July 19, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting The Chubb Corporation (NYSE: CB), ACE Limited (NYSE: ACE), The Allstate Corporation (NYSE: ALL), Radian Group Inc. (NYSE: RDN), and Hartford Financial Services Group Inc. (NYSE: HIG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Chubb Corporation Research Report
On July 9, 2013, The Chubb Corporation (Chubb) announced that it estimates losses of approximately $240 million before tax, or $156 million, $0.60 per share after tax in Q2 2013, due to the impact of certain catastrophes. Of the total estimation, Chubb attributed approximately $175 million of losses before tax from catastrophes in the United States, primarily from the severe storms in the central states. It further reported that losses from catastrophes outside the US amounted to approximately $65 million before tax, mostly from storms and flooding in Southern Alberta, Canada. Chubb will announce its Q2 2013 financial results on July 25, 2013, after the market closes. Financial supplements and press release will be available shortly thereafter on the Company's website. The Full Research Report on The Chubb Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b8c6_CB]
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ACE Limited Research Report
On July 12, 2013, ACE Limited (ACE) announced that it has increased its critical catastrophe limits to $30 million across all its North American retail and wholesale broker-distributed commercial property lines of business. ACE stated that the capacity will be offered through its extensive network of property business, which will include customized fronting, captive solutions as well as ACE's Specialty Catastrophe Unit. Commenting on the extended capacity, Paul McNamee, Division President, ACE Property and Specialty Lines, North America, said, "We're excited to offer this expanded capacity in response to our customers' needs. This offering emphasizes ACE's commitment to respond to our clients where they need us most, and to supplement the value we bring to their multinational and captive fronting, engineering and traditional capacity needs." The Full Research Report on ACE Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/97fa_ACE]
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The Allstate Corporation Research Report
On July 16, 2013, The Allstate Corporation (Allstate) announced 151 nominees for the 2013 Allstate AFCA Good Works Team, the most ever in the award's 22-year history. According to Allstate, the award recognizes a select group of college football players who have made a commitment to enriching the lives of others while contributing to the greater good of their communities. In other news dated, July 10, 2013, the Company announced that it will conduct a conference call and webcast on August 1, 2013, at 9:00 a.m. ET to discuss its Q2 2013 earnings results. Allstate informed that the earnings release will be issued on July 31, 2013, at or after 4:05 p.m. The Company also plants to post supplementary financial and statistical information online and file its quarterly 10-Q shortly thereafter. The Full Research Report on The Allstate Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/551b_ALL]
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Radian Group Inc. Research Report
On July 10, 2013, Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. announced that it is expanding its team to include four seasoned mortgage and mortgage insurance industry professionals to provide more support to its growing customer base. The Company appointed Dan Bayer, Rhys Nevarez and David Davis to the sales team, while Robert Mullins joined the Company as the Vice President of Underwriting. According to Brien McMahon, Radian's Chief Franchise Officer and Head of Sales, "Radian is excited to add these exceptional sales professionals to our growing team. Radian is better equipped than ever before to meet the demand of an expanding lending market and provide our customers with the high level of service they expect from Radian." The Full Research Report on Radian Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e0e2_RDN]
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Hartford Financial Services Group Inc. Research Report
On July 9, 2013, Hartford Investment Management Company (HIMCO), a wholly-owned subsidiary of Hartford Financial Services Group Inc. (The Hartford) announced that it has hired two institutional sales representatives and a consultant relations head. The Company stated that the two institutional sales representatives to join the Company are Matthew Addesa and Michael Mondo, and will be covering the Central and Eastern regions, respectively. Also, Christopher Miller was appointed as HIMCO's new Head of Consultant Relations. Commenting on the appointments, Erica Evans, Executive Vice President and Head of Sales and Marketing at HIMCO, stated, "As we refine and enhance our services for institutional investors and the consultant community, it is critical that we effectively communicate with these audiences. Matt, Mike and Chris have a deep understanding of the needs of investors and consultants and will be valuable resources to them." The Full Research Report on Hartford Financial Services Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ef1f_HIG]
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SOURCE Analysts' Corner
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