All the headlines from our Profit Loss Topic Page, ordered by recency.
Nov 6 2025 // Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago.Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to...
Nov 6 2025 // Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion.This estimate includes insured damages to residential, commercial, and industrial properties in Jamaica...
Nov 6 2025 // Zurich Insurance does not expect any material financial losses from claims related to Hurricane Melissa, the insurer’s finance chief Claudia Cordioli said on Thursday.“A large number of members of those...
Nov 6 2025 // Allstate Corp. third quarter 2025 net income applicable to common shareholders was about $3.7 billion, more then triple the $1.2 billion booked for the same quarter a year ago.Allstate’s Property-Liability business...
Nov 5 2025 // Insurtech Lemonade reported a third quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time.Revenue and gross profit increased 42% and 113%, respectively, versus...
Nov 5 2025 // Insurtech Hippo posted third quarter 2025 net income of $98 million compared with a net loss of $9 million a year ago during the same period.San Jose, California-based Hippo’s Q3 combined ratio improved to 100—a...
Nov 5 2025 // British retailer Marks & Spencer reported a 55.4% slide in first-half underlying profit, reflecting the impact of an April cyber hack that forced it to suspend online clothing orders for seven weeks and also hit food...
Nov 5 2025 // Third quarter 2025 underwriting income in American International Group’s (AIG) General Insurance segment increased 81% compared with last year, to $793 million.The unit—North America commercial, International...
Nov 4 2025 // CNA Financial Corp. recorded third quarter net income of $403 million compared with $283 million a year during the same period.Pretax catastrophe losses were $41 million for Q3, down more than $100 million from the prior...
Nov 3 2025 // Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk.The Category 5 hurricane made landfall in...
Nov 3 2025 // Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged 34% at Chief Executive Officer Warren Buffett’s conglomerate.That figure hit...
Nov 3 2025 // Although economic uncertainty could affect insurers in the near to midterm, workers’ compensation continues to be a key driver of the profitability of the entire property/casualty insurance industry even as prices...
Oct 30 2025 // WTW reported third quarter revenue of $2.29 billion, flat with $2.29 billion for Q3 2024, which the broker attributed to the sale of its direct-to-consumer insurance distribution business, TRANZACT.WTW reported organic...
Oct 30 2025 // Third quarter net income for The Hanover Insurance Group grew to $178.7 million compared to $102.1 million during the same period a year ago.The Worcester, Massachusetts-based insurer’s Q3 combined ratio improved to...
Oct 29 2025 // Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims...
Oct 28 2025 // Insurance broker Brown & Brown reported revenues of $1.6 billion during the third quarter – an increase of $420 million or 35.4% from Q3 2024.Commissions and fees rose by 34.2% with organic revenue increasing by...
Oct 28 2025 // Net income at The Hartford increased 41% to about $1.1 billion in the third quarter 2025.Q2 property/casualty written premiums increased 7% compared to Q3 2024, led by growth of 9% in the business insurance segment. Helped...
Oct 27 2025 // Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $580 million.CyberCube late last week put out a preliminary global insured loss estimate of between $38 million and $581 million...
Oct 27 2025 // Universal Insurance Holdings, parent company of one of Florida’s largest property insurers, reported an improved bottom line for the third quarter this year, even with a steady increase in policies in recent...
Oct 22 2025 // The US saw more than $101 billion in losses from severe storms and fires in the first half of 2025, setting a record.That’s according to a database of billion-dollar disasters that a nonprofit has re-launched since...