These 15 US Insurance Corps generated Total Adjusted After-tax Operating Net Income of $6,257 mil in the 4Q 2012, down 27% from the 4Q 2011. Storm Sandy was the main driver of this substantial earnings decline.
Below is the Ongoing, Adjusted After-tax Operating Net Income of these 15 US Insurance Corps for both the 4Q 2012 and the 4Q 2011.
| 4Q 2012 | 4Q 2011 | |||
| Non-GAAP | Non-GAAP | |||
| Operating | Operating | Increase | Increase | |
| Net | Net | (Decrease) | (Decrease) | |
| Company | Income | Income | Amount | % |
| mils of $s | mils of $s | mils of $s | ||
| Property Casualty Insurance | ||||
| ACE Ltd | 492 | 648 | (156) | -24% |
| Allstate | 289 | 735 | (446) | -61% |
| Travelers | 278 | 609 | (331) | -54% |
| Hartford Financial Services | 265 | 301 | (36) | -12% |
| Progressive (Net Income) | 249 | 257 | (8) | -3% |
| Chubb | 44 | 460 | (416) | -90% |
| Life Insurance | ||||
| MetLife | 1,373 | 1,244 | 129 | 10% |
| Prudential Financial | 798 | 855 | (57) | -7% |
| Lincoln National | 310 | 277 | 33 | 12% |
| Accident and Health Insurance | ||||
| AFLAC | 697 | 684 | 13 | 2% |
| Principal Financial | 244 | 202 | 42 | 21% |
| Unum Group | 225 | 228 | (3) | -1% |
| Insurance Conglomerate | ||||
| AIG | 290 | 1,471 | (1,181) | -80% |
| Insurance Agent/Brokers | ||||
| Aon | 416 | 393 | 23 | 6% |
| Marsh & McLennan | 287 | 255 | 32 | 13% |
| Total all 15 | 6,257 | 8,619 | (2,362) | -27% |
