Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Appeals Court Allows for Separate Loss-of-Consortium Damages
Jan 21 2026 // A Missouri spouse can collect loss-of-consortium damages separate from her husband’s underinsured-motorist benefits, a federal appeals court ruled. The 8th U.S. Circuit Court of Appeals concluded that an Auto-Owners...
Travelers Q4 Net Income Up 20% on Underwriting, Lower Catastrophe Losses
Jan 21 2026 // Fourth quarter 2025 net income at The Travelers Cos. increased about 20% compared with the same period a year ago, to about $2.5 billion. Underwriting, lower catastrophe losses, and more favorable prior year reserve...
CEO Revenue Confidence Hits 5-Year Low: PwC Survey
Jan 21 2026 // Only three in 10 chief executives are confident in their companies’ revenue growth prospects over the next year, the lowest level in five years, according to a global survey by professional services group PwC...
Bermuda Re/Insurers to See U/W Profit Drop; M&A Returns as Organic Growth Wanes
Jan 21 2026 // Bermuda-based re/insurers monitored by Fitch are expected to see a drop in underwriting profit in 2025, reporting an average combined ratio of 92%, up from 90.7% in full-year 2024, the ratings agency said. For the first...
Appeals Court Asks Arizona Justices to Define ‘Fortuitous Loss’
Jan 21 2026 // What constitutes a fortuitous loss in Arizona? That’s the question the 9th U.S. Circuit Court of Appeals has asked the Arizona Supreme Court to answer to resolve a commercial property damage dispute. The circuit...
Oracle Sued by Bondholders Over Losses Tied to AI Buildout
Jan 15 2026 // Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison concealed its need to sell significant additional debt to build out its artificial...
UK Actuaries Sound Alarm on Loss Models Downplaying Climate Risk
Jan 14 2026 // The finance industry is relying on climate models that understate the speed at which temperatures are rising, according to a fresh study by Britain’s main association of actuaries. The Institute and Faculty of...
Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report
Jan 13 2026 // Global insured losses from natural disasters fell to $108 billion last year, Munich Re said in a report on Tuesday. That compared with an inflation-adjusted $147 billion in 2024, the German reinsurer said, as the U.S....
Georgia Republicans Move to Scrap State Income Tax by 2032 Despite Concerns
Jan 12 2026 // Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply...
Indian Insurer’s Worker Posts Draft Earnings in WhatsApp Status
Jan 12 2026 // ICICI Lombard General Insurance Co., a unit of India’s second-largest private lender, said an employee uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the...
German Dentists’ Fund Sues Advisers Over €1.1 Billion Loss
Jan 8 2026 // A German pension fund whose foray into private markets led to losses that totaled half of the fund’s assets has begun legal proceedings against its former auditor, an adviser and its own managers to recover the...
US Wants Venezuelan Oil Flowing Again With Revenues in US Accounts, Wright Says
Jan 7 2026 // Energy Secretary Chris Wright said on Wednesday the United States government wants to get Venezuelan oil flowing again, deposit money into U.S.-controlled accounts and create conditions for U.S. oil companies to enter the...
SCDOI Says Uninsured Motorist Fund Payments Should Be Considered ‘Other Income’
Jan 6 2026 // Auto insurers in South Carolina should soon start receiving checks from the state to help defray the cost of providing uninsured motorist coverage, but carriers must properly calculate and account for the money. The state...
California Cuts PG&E’s and Edison’s Profits for Grid Investments
Dec 19 2025 // California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in soaring electricity bills. Related: Massive Wildfire Liabilities Push Utilities to Use AI to...
Former National General Loss Rep and Mom Charged With Fake Claims Scam
Dec 18 2025 // A former loss representative for National General Insurance Co. and his mother allegedly ran a scheme in 2022 that involved false claims, a fake towing company and a $141,000 loss for the insurer. Horace Kelly, 40, and his...
LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025
Dec 16 2025 // Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly by January’s record Los Angeles wildfires as well as severe convective storms (SCS)...
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations
Dec 5 2025 // Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that fell short of market expectations. The Zurich-based company said it was aiming for group net income...
Profits Versus Christmas Cheer—A Good-Business Lesson
Dec 5 2025 // This post is part of a series sponsored by Old Republic Surety. Dan Pope, Senior Vice President of Underwriting at Old Republic Surety, learned a lesson as a young surety rep about the most important numbers at a...
Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says
Dec 4 2025 // The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China...
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say
Dec 2 2025 // The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming...
