New Insurance Industry Report: First Quarter Losses Outpace Historical Averages but Stabilize in Second Quarter, Combined Ratio Improves
1. U.S. insurance industry saw $11.5 billion underwriting gain in mid-2025. 2. Verisk's analytics support insurers amid rising risks from climate change. 3. Combined ratio improved to 96.4%, reflecting underwriting discipline. 4. Net written premiums grew slowly, highlighting competitive pressures. 5. Realized capital gains fell sharply, affecting long-term profitability.