Saudi Arabia: Regulator projects strong growth for insurance market in 2025

Published on May 1, 2025
The Saudi insurance sector is projected to maintain a positive and strong growth trajectory in 2025, with top-line revenue growth forecast to fall in the double-digit zone, says the Insurance
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Allstate posts 97.4% CoR for Q1’25 as record gross cat losses offset by $1.1bn of reinsurance recoveries

May 1, 2025
The Allstate Corporation, a publicly held personal lines insurers in the United States, reported first quarter 2025 financial results reflecting a solid underwriting result and disciplined risk management, even in the face of severe weather events.The company led with robust performance in underwriting, reporting a Property-Liability underlying combined ratio of 83.1%—an improvement of 3.8 points

The Hanover’s Q1’25 net income and CoR see improvement amid significant cat activity

May 1, 2025
The Hanover Insurance Group has announced its financial results for the first quarter of 2025, reporting a net income of $128.2 million, catastrophe losses of $95.6 million, and a combined ratio of 94.1%.This year’s Q1 net income compares to the $115.5 million reported in the same period last year, which also saw a combined ratio of 95.5%.Q1 2025 operating income stood at $141.8 million, compared