Most carriers beat market expectations in Q4

The majority of carriers under our coverage that have disclosed
so far have exceeded equity analysts' expectations for fourth
quarter earnings.
Out of the group of 14 P&C (re)insurers, only two fell short
of consensus estimates. The outperformance included 10 carriers
that bested analyst forecasts by more than 10 percent and six that
were more than 20 percent ahead of that mark.
The Hanover
brought up the rear among early reporters, as a headline loss of
$0.46 per share was...