News

The insurance company’s profit rose in the second quarter, even as catastrophe losses continued to climb.
Property and casualty insurer Allstate (NYSE:ALL) estimated its second-quarter catastrophe losses at $1.99B, or $1.57B after ...
Chubb Limited ended the second quarter of 2025 with net income of $2.97 billion, or $7.35 per share, up 33.1% from the same ...
The California property insurance market is careening toward a historic inflection point as climate-driven wildfire losses, ...
Per Gallagher Re, the $84bn insured loss in H1 2025 is 55% higher than the 10-year average of $54bn. Aon’s preliminary figure ...
California officials overseeing the $21 billion fund that was expected to protect utilities and their customers from the cost ...
The Demex Group, a risk analytics and intelligence company that facilitates climate and catastrophe peril parametric ...
Signalling a continuation of more equitable sharing of major loss activity between the insurance and reinsurance tiers of the ...
Estimated losses for Hurricane Katrina in 2024 prices would be $105 billion. Following Katrina, over $14.6 billion was ...
A leading catastrophe modelling expert is sounding the alarm that wildfires are not just a costlier problem — they could ...
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 ...