Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion
Aug 1 2025 // The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year. “The insurance industry continues to...
PERILS Offers Severe Convective Storm Loss Reporting for Europe, Japan, New Zealand
Jul 31 2025 // PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced the inclusion of severe convective storm (SCS) industry loss reporting for Europe (Austria, Belgium, France,...
Broker WTW Beats Q2 Profit Estimates on Robust Product Demand
Jul 31 2025 // Willis Towers Watson beat Wall Street estimates for second-quarter profit on Thursday, driven by a strong performance in its risk and brokerage business. Despite rising premium costs, businesses increased spending on...
Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86
Jul 31 2025 // Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million booked for the same quarter a year ago. The result this year reflects an after tax gain...
Brown & Brown’s Profit Climbs on Fee and Commission Growth
Jul 30 2025 // Brown & Brown posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued to grow, even as businesses...
Cincinnati Financial More Than Doubles Q2 Net Income
Jul 29 2025 // Second quarter 2025 net income at Cincinnati Financial Corp. was $685 million—more than double the $312 million in net income booked a year ago during the same time. “It was a solid quarter, showing the strength of...
Aon Reports 6% Organic Revenue Growth, Boosted by Commercial, Reinsurance Lines
Jul 29 2025 // Insurance broker Aon reported second quarter revenue of $4.2 billion, an 11% increase from $3.8 billion in Q2 2024. Aon said its Q2 revenue reflected 6% organic revenue growth (versus 5% in Q2 2024), along with the...
The Hartford Net Income Up 35% on Premium Growth
Jul 28 2025 // Net income at The Hartford increased 35% to $990 million in the second quarter 2025 as personal lines returned to profitability compared to the same period a year ago. Q2 property/casualty written premiums increased 8%...
Weather-Related Losses Cause AM Best to Revise Brethren Mutual’s Outlooks
Jul 23 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Brethren Mutual Insurance Co. in...
Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting
Jul 23 2025 // Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting...
WR Berkley Q2 Net Income Up Near 8% on Underwriting, Investments
Jul 21 2025 // Second quarter 2024 net income at W.R. Berkley Corp. increased nearly 8% compared to the same period a year ago Net income was about $401.3 million for Q2 2025 compared to net income of $371.9 million a year ago during the...
WCIRB: 2024 Losses, Expenses in California Workers’ Comp 108% of Earned Premium
Jul 21 2025 // Total losses and expenses in California’s workers’ compensation system incurred in 2024 were $16.7 billion, or 108% percent of earned premium, a report shows. The Workers’ Compensation Insurance Rating...
Turning Non-Standard Risks Into New Revenue: How Agents Can Capitalize
Jul 21 2025 // Independent agents could be turning away nearly half of their prospective clients. The years of independent agents chasing “standard and preferred” home and auto risks are quickly coming to an end. As the risk...
Allstate Expects Another $2B Catastrophe Losses in Q2
Jul 17 2025 // Prior to reporting second-quarter results later this month, Allstate said today it expects slightly lower catastrophe losses in the second quarter, and estimated the bill to be nearly $2 billion. In reporting monthly...
Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
Jul 17 2025 // Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12% from $6.2 billion in Q2 2024, with underlying (organic) revenue growth of 4%, compared with an increase of...
Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
Jul 17 2025 // The Travelers Cos. increased second quarter net income $975 million for a total of about $1.5 billion, and reversed an underwriting loss posted last year for the same period. Travelers’ second quarter underwriting...
Insurance Supervisors’ Group Seeks Collaboration to Cover Disaster Losses
Jul 17 2025 // Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called protection gap, as losses from natural disasters increase, said the head of a global insurance...
Progressive Q2 Income More Than Doubles
Jul 16 2025 // Second quarter net income at Progressive Corp. increased 118% compared to the same period a year ago to about $3.2 billion. Progressive reports results monthly. Net income for June was up 40% to $1.1 billion. Year-to-date...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events
Jul 16 2025 // Global insured losses during the first half of this year were at least $100 billion with more than 90% of that total – or approximately $92 billion – driven by wildfires and severe convective storms in the U.S.,...
Insured Losses From US Hurricanes Could Rise by 50% With Global Warming
Jul 15 2025 // Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming scenario, according to MS Amlin, the Lloyd’s global re/insurer. A peer-reviewed study published in the Journal of...
