Moody’s — 2025 P&C Earnings Up over 2024
Published April 7, 2026 at 2:24 PM · News Releases and Bulletins
Moody’s looked at 20 property and casualty insurers and found improved underwriting, a rise in investment income and a slight drop in catastrophe losses led to a big increase in earnings in 2025. Net income was up to $69 billion from the $53.4 billion in 2024.
Looking at catastrophe losses, the 20 companies had $19 billion in losses in 2025 compared to $20.8 billion in 2024. Investment income was around $40 billion. That’s up 13% from 2024.
Net premiums written was up 5% to $411.6 billion in 2025. Premium increases and higher policy counts for some personal lines insurers led the way.
The average combined ratio for the 20 insurance companies was 88.4%. That’s a big improvement from 2024’s combined ratio of 91.7%
Source link: PropertyCasualty360.com — https://bit.ly/4bWbgJ0