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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.,...
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