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The insurance company’s profit rose in the second quarter, even as catastrophe losses continued to climb.
The second-quarter results followed a first quarter that also saw notable financial activity. In Q1 2025, W. R. Berkley reported net premiums written of $3.1 billion and net investment income of ...
Per Gallagher Re, the $84bn insured loss in H1 2025 is 55% higher than the 10-year average of $54bn. Aon’s preliminary figure of $100bn is 144% or 2.4x higher than the 21st-century average of $41bn.
Signalling a continuation of more equitable sharing of major loss activity between the insurance and reinsurance tiers of the ...
Ken Paxton is looking into a nonprofit foundation linked to Highland Capital Management following a dispute over roughly $270 million in charitable assets involving former Highland CEO James Dondero.
The increased price tag reflects the L.A. blazes’ location in one of the nation’s most expensive housing markets, and it also ...
Ken Paxton is looking into a nonprofit foundation linked to Highland Capital Management following a dispute over roughly $270 million in charitable assets involving former Highland CEO James Dondero.
iA Financial Group and its US subsidiaries have pledged $75,000 to the Community Foundation of the Texas Hill Country to ...
Investing.com -- W.R. Berkley Corporation (NYSE: WRB) reported second quarter 2025 operating earnings of $1.05 per share, exceeding analyst estimates of $1.03, while achieving record quarterly net ...
The US private flood insurance market is growing, addressing the nation’s significant gap between economic and insured losses ...
While 2025 is already breaking issuance records for traditional catastrophe bonds, Artex Risk Solutions believes the insurance-linked securities (ILS) ...
Sudan has been engulfed in a devastating war between the Sudanese Armed Forces and the Rapid Support Forces. What began as a struggle for power has turned into a national catastrophe. More than 14 ...