News

The insurance company’s profit rose in the second quarter, even as catastrophe losses continued to climb.
The California property insurance market is careening toward a historic inflection point as climate-driven wildfire losses, ...
Property and casualty insurer Allstate (NYSE:ALL) estimated its second-quarter catastrophe losses at $1.99B, or $1.57B after ...
The Demex Group, a risk analytics and intelligence company that facilitates climate and catastrophe peril parametric stop-loss reinsurance protection, has ...
The second-quarter results followed a first quarter that also saw notable financial activity. In Q1 2025, W. R. Berkley reported net premiums written of $3.1 billion and net investment income of ...
Insured losses from natural catastrophe events around the globe in the first half of 2025 are estimated to have reached $84 ...
Per Gallagher Re, the $84bn insured loss in H1 2025 is 55% higher than the 10-year average of $54bn. Aon’s preliminary figure of $100bn is 144% or 2.4x higher than the 21st-century average of $41bn.
Raging wildfires and severe storms contributed to record-high global insurance losses — totaling an estimated $84 billion — ...
The Allstate Corporation has estimated catastrophe losses for June 2025 of $619 million or $489 million, after-tax. June’s ...
Allstate has pegged estimated cat losses of $619mn for the month of June, down from $777mn in cat losses posted for May. The ...
Travelers Companies' profit surged nearly three-fold in the second quarter, the insurance bellwether reported on Thursday, ...
Travelers Companies exceeded Wall Street expectations for second-quarter profits, bolstered by robust underwriting and higher ...