Core Insights - AXIS Capital reported strong financial results for the fourth quarter and the year ended December 31, 2025, highlighting an 18% year-over-year increase in diluted book value per common share and record gross premiums written of $9.6 billion, up 7% from the previous year [1][5]. Financial Performance - The company achieved an operating return on equity (ROE) of 18.1% and a combined ratio of 89.8% for the year [1][4]. - Underwriting income for the year was $725 million, reflecting a 27% increase compared to 2024 [5]. - Net income available to common shareholders for 2025 was $979 million, a decrease of 7% from the previous year, while operating income increased by 8% to $1.0 billion [5][4]. Premiums and Ratios - Gross premiums written in the insurance segment increased by 9% to $7.2 billion, with a combined ratio of 86.1% [2][5]. - The reinsurance segment saw gross premiums written rise by 3% to $2.2 billion, with a combined ratio of 93.9% [21][22]. Investment Income - Net investment income for the year was $767 million, a slight increase of 1% from 2024, primarily due to higher returns on alternative investments [5][35]. - The book yield of fixed maturities was 4.6% at year-end, compared to 4.5% in the previous year [5][35]. Shareholder Returns - Total capital returned to common shareholders was $1.0 billion, including share repurchases of $888 million and dividends of $139 million [4][13]. - The book value per diluted common share increased by 18.3% year-over-year to $77.20 [4][13]. Operational Efficiency - The company emphasized its strategy of operating as "One AXIS," focusing on efficiency gains and market differentiation [3][5]. - The current accident year loss ratio, excluding catastrophe and weather-related losses, was 56.2% for the fourth quarter, down from 60.4% in the previous year [12][18].

Progressive partners with two pet insurers — Pets Best and Companion Protect — to offer pet insurance through two separate websites. Pets Best and Companion Protect offer different pet insurance plans that differ in terms of coverage, exclusions, discounts, waiting periods, prices, and state availability. It’s important to compare the two companies to decide which one is best for your pet’s needs. If you’re an existing Progressive customer and you purchase pet insurance through one of these insurers, you ...

Costco rating: 3.7 out of 5 stars Costco doesn’t sell its own pet insurance policies. Instead, it partners with Figo pet insurance to offer pet insurance to members. But if you purchase pet insurance from Costco, eligible members can qualify for exclusive discounts, such as 15% off your Figo pet insurance premium and a $25 Costco gift card when you enroll. Editor’s note: Even though Costco pet insurance is offered through Figo, Costco has a higher star rating than Figo because Costco’s rates came in lowe ...

Deutsche Bank AG and its asset management arm DWS Group are weighing a move to inject fresh capital in exchange for a significant minority stake in Fosun International-controlled life insurance consol... ...

Group 1 - Old Republic International Corporation (NYSE:ORI) has experienced a decline in stock price following an earnings miss, but it is still considered a strong company with potential for recovery in future quarters [1] - The company provides insurance products, title insurance policies, and related financial indemnity and escrow services, indicating a diversified service offering within the insurance sector [2] - Despite the potential of ORI as an investment, there are suggestions that certain AI stocks may offer greater upside potential and carry less downside risk, highlighting a competitive landscape for investment opportunities [3]

Core Viewpoint - Unum Group will present its business strategy and future growth prospects at the UBS Financial Services Conference on February 9, 2026 [2]. Company Overview - Unum Group (NYSE: UNM) is a leading international provider of workplace benefits and services, operating for over 175 years [3]. - The company offers a range of insurance products including disability, life, accident, critical illness, dental, and vision insurance, as well as leave and absence management support and behavioral health services [3]. - In 2024, Unum Group reported revenues of $12.9 billion and paid out $8.0 billion in benefits [3]. - The company is recognized as one of the World's Most Ethical Companies by Ethisphere® [3].

Automobile Insurance - Suze Orman highlights the risk of dropping comprehensive coverage for older cars to save on premiums, warning that those reliant on their cars for daily commutes may face significant financial loss in case of disasters without insurance payouts [1] Homeowner's Insurance - Orman advises against homeowner's insurance policies that pay out based on cash value, recommending instead policies that cover replacement value to ensure adequate compensation [2] Life Insurance - Orman strongly favors Term Life insurance over Whole Life due to its higher payouts for lower premiums, suggesting that the premium savings should be invested or added to emergency savings [3][4] Credit Cards - Orman encourages the use of credit cards but emphasizes the importance of managing high-interest rates, suggesting strategies like negotiating lower rates and balance transfers to alleviate debt [8] Emergency Savings - A fundamental principle in Orman's advice is maintaining an Emergency Savings account equivalent to one's annual salary, with a focus on building this fund in manageable increments [15][19] Estate Planning - Orman discusses the importance of planning for funeral expenses and health care proxies, emphasizing the need for clear documentation to avoid ambiguity in wishes [11][12]

Group 1 - AXA XL has appointed Jason C. Billingslea as Head of Energy, E&S, based in Dallas, Texas [1] - Billingslea will focus on portfolio expansion, strengthening broker relationships, and delivering innovative strategies to enhance profitability [2] - Betsy Higgens highlighted Billingslea's industry expertise and strategic outlook as key factors for his leadership in the energy division [2][3] Group 2 - Billingslea has extensive experience in the energy sector, previously serving as an Energy Liability Underwriter at AXA XL [3] - His prior roles include Regional Sales Manager at AmTrust Financial Services and General Agency Manager of Growth and Development at Horace Mann Educators Corporation [3]

Core Insights - The Progressive Corporation (PGR) reported fourth-quarter 2025 earnings per share (EPS) of $4.67, exceeding the Zacks Consensus Estimate by 5.2% and reflecting a year-over-year increase of 14.4% [1][7] - Operating revenues rose 10.6% year over year to $22.49 billion, surpassing the consensus estimate by 2.5% [1][7] Premiums and Revenue Growth - Net premiums written for the quarter reached $19.5 billion, an 8% increase from $18.1 billion a year ago [2] - Net premiums earned grew by 10% to $21 billion, exceeding the Zacks Consensus Estimate of $20.9 billion [2] - The net realized gain on securities was $257 million, a significant improvement from a loss of $53 million in the prior year [2] Expense and Combined Ratio Analysis - Total expenses increased by 13.5% to $73.4 billion, driven by higher losses, policy acquisition costs, and other underwriting expenses [4] - The combined ratio, which indicates the percentage of premiums paid out as claims and expenses, improved by 140 basis points to 87.4 [4] Full-Year Performance - For the full year, operating revenues grew 15.7% year over year to $86.9 billion, supported by a 15.3% increase in net premiums earned and a 26.5% rise in net investment income [3] - The company also reported a 12.4% increase in fees and other revenues, along with a 22% rise in service revenues [3] Policy Growth - Policies in force in the Personal Lines segment increased by 11% year over year to 37.4 million [5] - The Direct Auto segment saw a 14% increase to 16 million policies, while Agency Auto rose by 10% to 10.8 million [5] Financial Metrics - As of December 30, 2025, Progressive's book value per share was $51.74, an 18.4% increase from $43.67 a year earlier [6] - The return on equity was 40.1%, up from 36.4% in the previous year [6] - The total debt-to-total capital ratio improved by 270 basis points to 18.5 [6]

For the quarter ended December 2025, Progressive (PGR) reported revenue of $22.49 billion, up 10.6% over the same period last year. EPS came in at $4.67, compared to $4.08 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $21.94 billion, representing a surprise of +2.5%. The company delivered an EPS surprise of +5.1%, with the consensus EPS estimate being $4.44.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...