These 15 Insurance Corps generated 2Q 2013 Total After-tax Adjusted Earnings which were up a very robust 20% over the 2Q 2012. And 13 of the 15 had earnings increases, with 11 of them generating at least double-digit percentage earnings growth.
In addition, this 20% Total Earnings growth is substantially higher on an Earnings Per Share (EPS) basis since so many of them have aggressive common stock buyback programs. For instance, AIG had its Earnings decline by 1%, whereas its EPS grew by 17%, both in the 2Q 2013......yeah, that's an 18% positive swing.
So the strong 2Q 2013 earnings of US Big Insurance Corps continue the very positive earnings trend of all US Big Financial. Not so with the US Big Non-Financial Corps.
Below here are the earnings of these 15 US Insurance Corps for the 2Q 2013 and for the comparable 2Q 2012:
| 2Q 2013 | 2Q 2012 | |||
| Operating | Operating | Increase | Increase | |
| Income | Income | (Decrease) | (Decrease) | |
| mil $s | mil $s | Amount | % | |
| US Big Insurance | ||||
| AIG | 1,655 | 1,678 | (23) | -1% |
| MetLife | 1,593 | 1,432 | 161 | 11% |
| Prudential Financial | 1,090 | 648 | 442 | 68% |
| Travelers | 816 | 495 | 321 | 65% |
| ACE Ltd | 790 | 743 | 47 | 6% |
| AFLAC | 759 | 755 | 4 | 1% |
| Allstate | 529 | 432 | 97 | 22% |
| Chubb | 463 | 374 | 89 | 24% |
| Marsh & McLennan | 403 | 337 | 66 | 20% |
| Lincoln National | 351 | 319 | 32 | 10% |
| Progressive | 325 | 119 | 206 | 173% |
| Hartford Financial Services | 324 | 274 | 50 | 18% |
| Principal Financial Group | 271 | 211 | 60 | 28% |
| Unum Group | 219 | 225 | (6) | -3% |
| CNA Financial | 204 | 152 | 52 | 34% |
| Total all 15 | 9,792 | 8,194 | 1,598 | 20% |
