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Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Aug 8 2025 // Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%. What is the reason...
Great Barrier Reef Records Largest Annual Coral Loss in 39 Years
Aug 8 2025 // The Great Barrier Reef has experienced its greatest annual loss of live coral across most of its expanse in four decades of record-keeping, Australian authorities say. But due to increasing coral cover since 2017, the...
Insurtech Root Swings to Q2 Profit on Growth in Partnership Channel
Aug 7 2025 // Root Inc. swung to second quarter net income of $22 million versus a loss of $7.8 million a year ago during the same time. Results build off net income of $18.2 million for Q1 2025, reversing a loss of $6.2 million for Q1...
Progressive Could Soon Breach Excess Profits in Florida Auto, Triggering Refunds
Aug 7 2025 // Despite a significant reduction in personal auto insurance rates in Florida this year, Progressive may soon find itself in the unenviable position of sending small refunds to thousands of current and former...
AIG General Insurance Underwriting Income Up 46% in Q2
Aug 7 2025 // Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit鈥擭orth America commercial, International commercial, and global...
Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report
Aug 6 2025 // Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when H1 losses have...
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