Shift follows major underwriting losses and state-by-state product realignment
Kenneth Araullo May 15, 2025
Capital strength holds as jury awards and litigation funding escalate costs
Guilty pleas and ongoing probes expose culture flaws
Chairman takes over as carrier withdraws financial guidance
Asset growth, health gains, and protection lines drive broad-based earnings momentum
Global WAM drives growth as wildfire losses and credit charges weigh
Increase in net income driven by decrease in policyholder benefits
Volume growth and life margins offset currency drag and softer recurring returns
New markets strengthen employer offerings and boost workforce support initiatives
CEO shares her path from being an immigrant to a successful insurance firm owner
