Profit Loss News
Explore the newest/trending Profit Loss content.
Profit Loss Alerts
Subscribe for automatic Profit Loss alerts, sent straight to your inbox.
Latest Profit Loss Stories
Aon Reports 6% Drop in Q2 Net Income, Organic Revenues Grow 6%
Jul 26 2024 // Aon reported net income attributable to shareholders of $524 million during the second quarter, a 6% decrease from $560 million reported in Q2 2023. Adjusted net income attributable to Aon shareholders increased 9% during...
Insured Losses From CrowdStrike Outage Could Reach $1.5B, CyberCube Says
Jul 25 2024 // Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber analytics firm CyberCube said on Thursday. A software bug in cybersecurity firm...
WV Reminds Local Governments, Non-Profits of Flood Insurance Requirements
Jul 25 2024 // The West Virginia insurance commissioner is reminding all state and local governments and non-profit organizations that they could face penalties if they fail to obtain flood insurance on properties in flood hazard...
WTW Reports 48% Hike in Q2 Net Income With Organic Growth of 6%
Jul 25 2024 // WTW reported second quarter net Income of $142 million, an increase of 48% compared to net income of $96 million in the prior-year second quarter. Q2 adjusted net income rose 20% to $263 million, from $219 million reported...
Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix
Jul 24 2024 // The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4 billion, modeling and insurance services firm Parametrix estimates. The portion of...
Florida-Based Brown & Brown Posts Strong Profit for Q2
Jul 24 2024 // DAYTONA BEACH, Fla. (AP) — Florida-based Brown & Brown Inc. (BRO), one of the largest U.S. insurance brokerages, this week reported second-quarter net income of $257 million, up from $190 million for the second...
Our best content, delivered to your inbox
Get the insurance industry's trusted newsletter
