Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Marsh McLennan Reports 4% Organic Revenue Growth, Down From Q3 2024
Oct 16 2025 // Marsh McLennan reports consolidated revenue during the third quarter of $6.4 billion, an increase of 11% over Q3 2024, or 4% on an underlying (organic) basis, down from 5% during Q3 2024. John Doyle, president and CEO,...
Travelers Q3 Net Income Soars 50% on Lower Catastrophe Losses
Oct 16 2025 // Third quarter net income at The Travelers Cos. increased 50% compared with the same period a year ago, to about $1.9 billion on lower catastrophe losses. Catastrophe losses for the third quarter this year were $402 million...
Workers’ Compensation Continues to Lead P/C Industry With Strong Profits
Oct 8 2025 // Although economic uncertainty could affect insurers in the near to midterm, the workers’ compensation line continues to be a key driver of the profitability of the entire property/casualty insurance industry even as...
People Moves: Air Force, OSHA Veteran Stager Joins MEMIC Loss Control Team
Oct 2 2025 // Eric Stager The MEMIC Group, headquartered in Portland, Maine, hired Eric Stager to serve as a safety management consultant on its loss control team. He will work with policyholders throughout the Northeast. Stager served...
Wildfire Smoke Set to Cause Mounting Deaths and Economic Losses
Sep 22 2025 // Increased wildfire smoke could lead to 1.4 million premature deaths globally each year by the end of this century, according to a new study. Scientists at China’s Tsinghua University found that early deaths linked to...
China’s EV Boom Saddles its Auto Insurers With Chronic Losses
Sep 22 2025 // China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has...
US P/C Insurance Industry First-Half Underwriting Profit Triples
Sep 22 2025 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first half of 2025, according to a new report. “The lack of any significant...
Insured Losses in Texas Exceed $47 Billion in 2024
Sep 22 2025 // Insured losses exceeded $47.2 billion in Texas last year–a 4.2% increase over 2023, according to a new property/casualty market report from the state’s insurance council. Annual direct losses in Texas have now...
AM Best: Six-Month US P/C Underwriting Income Jumps to $11.2B
Sep 11 2025 // An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. Last year after the first...
Carrier Revenue Growth Expected to Outpace Hiring in Next Year
Sep 8 2025 // Approximately 81% of insurance companies expect to increase their revenue in the next 12 months, but only about 53% expect to increase their staff in that same period, according to a new insurance labor market outlook...
Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
Sep 8 2025 // Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best report. During the January 2023 renewals, the global...
Insured Losses in Texas Exceed $47 Billion in 2024
Sep 5 2025 // Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property and casualty market report from the state’s insurance council. Annual direct losses in Texas have now...
EU Regulator Flags Surge in Online Sales of Counterfeit Weight-Loss Drugs
Sep 4 2025 // The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and diabetes medicines online in recent months across the region, and warned about a...
US P/C Insurance Industry First-Half Underwriting Profit Triples
Sep 4 2025 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first-half of 2025, according to a new report. “The lack of any significant...
Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says
Sep 2 2025 // The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires...
Players Health Commits 1% of Revenue to Youth Sports Access and Safety
Sep 2 2025 // Players Health, a Minneapolis-based provider of athlete safety and insurance solutions, is committing 1% of its revenue to directly fund programs, equipment, and support for underserved youth through the Players Health...
Most Losses in Destructive Eaton Fire Tied to Conflagration Hazard, Report Shows
Aug 28 2025 // When the Eaton Fire burned in Los Angeles County in early January, 75% of the structures in the fire perimeter had a low to moderate wildfire hazard, but they carried a high to very high conflagration hazard. Eighty-four...
California’s new take on wildfire loss models, and what this means for property insurers
Aug 26 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...
Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
Aug 22 2025 // Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report. During the January 2023...
California’s new take on wildfire loss models, and what this means for property insurers
Aug 18 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...
