catastrophe losses

Breaking: Underwriting Rebound Drives US P&C Insurance Profits Skyward – Operating Income Surges Nearly 52% in 2025, AM Best Reports

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Breaking: Underwriting Rebound Drives Us P&Amp;C Insurance Profits Skyward – Operating Income Surges Nearly 52% In 2025, Am Best Reports

In a stunning turnaround for the sector, the US P&C insurance industry posted a massive underwriting rebound in the first nine months of 2025, with net underwriting gains soaring to approximately $35 billion and pretax operating income jumping nearly 52% amid lower catastrophe losses and steady premium growth. This AM Best report highlights one of … Read more

July catastrophes cost Allstate $184m

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July Catastrophes Cost Allstate 4M

Allstate Reports $184 Million in July 2025 Catastrophe Losses, Reflecting a Decline from Prior Year Northbrook, IL – August 22, 2025 – The Allstate Corporation (NYSE: ALL) announced that it incurred $184 million in pretax catastrophe losses, or $145 million after-tax, for July 2025, stemming from 19 wind and hail events across the United States. … Read more