Latest Profit Loss Headlines
All the headlines from our Profit Loss Topic Page, ordered by recency.
The Hanover Reports 75% Growth in Q3 Net Income
Nov 17 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...
Insurtech Hippo Reverses Q3 Loss During ‘Breakout Quarter’
Nov 17 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...
Lemonade Books Q3 Net Loss of $37.5 Million
Nov 17 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...
With Earnings Up and Rates Dropping, Big National Execs Celebrate Florida Reforms
Nov 12 2025 // During earnings conference calls last week leaders of two large personal lines insurers commented on affordability issues, highlighting the downward impact of Florida tort reforms on auto insurance prices. “At a time...
Reuters EXCLUSIVE: Shell Challenges NY Arbitration Loss on Venture Global LNG
Nov 12 2025 // Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1...
Texas Workers’ Compensation System Reports $12M Loss in 2024, Report Finds
Nov 10 2025 // The Texas workers’ compensation system saw a modest $12 million loss in 2024 as insurers reported an increase in direct losses paid and overall, according to a report compiled by the Insurance Council Texas...
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
Nov 10 2025 // Analysts’ projections of slower growth and smaller underwriting margins ahead for personal auto insurers started to play out ever so slightly in third-quarter results of two giant auto insurers this week. Both...
Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth
Nov 7 2025 // Fresh off its subsidiary’s purchase of a builder-linked homeowners’ insurance program, the Tampa-based Baldwin Group took another hit to its bottom line in the third quarter this year. But the brokerage and...
Root Inc. Reports Strong Growth Despite Q3 Loss
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...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion
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...
Zurich Insurance Sees No Material Loss From Hurricane Melissa, CFO Says
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...
Allstate More Than Triples Q3 Net Income to $3.7 Billion
Nov 6 2025 // Allstate Corp. third quarter 2025 net income applicable to common shareholders was about $3.7 billion, more than triple the $1.2 billion booked for the same quarter a year ago. Allstate’s Property-Liability business...
Lemonade Books Q3 Net Loss of $37.5 Million
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...
Insurtech Hippo Reverses Q3 Loss During ‘Breakout Quarter’
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...
M&S First-Half Profit Hammered by Impact of Cyber Hack
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...
AIG General Insurance Underwriting Income Up 81% in Q3
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...
CNA Net Income for Q3 Up 42% on Lower Catastrophe Losses
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...
Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates
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...
Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar
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...
Workers’ Comp Continues to Lead P/C industry With Strong Profits
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...
