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Liberty Mutual sees strong Q3’25 results with $2.22bn net income and 84.7% CoR
Liberty Mutual Holding Company (LMHC) has reported net income of $2.22 billion, and a consolidated combined ratio of 84.7% for the third quarter of 2025, driven by strong underwriting performance and a drop in catastrophe losses Q3 2025’s net income increased from the $892 million reported in the same period last year. Net income for […]
Kassandra Jimenez-Sanchez
Palomar’s net income rises 68.7% to $51.5m in Q3’25
Specialty insurer Palomar Holdings, Inc. reported a net income of $51.5 million in the third quarter of 2025, up 68.7% from $30.5 million in the same period a year earlier. In Q3’25, gross written premiums increased 43.9% to $597.2 million, compared to $415 million in Q3’24. Net written premiums amounted to $275.2 million, up 72.3% […]
Beth Musselwhite
Moody’s RMS expects Hurricane Melissa’s private market insured losses between $3-5bn
Catastrophe risk modeller Moody’s RMS Event Response has estimated private market insured losses driven primarily by wind impacts in Jamaica, with minimal contributions from other impacted Caribbean islands, including the Bahamas, Haiti, and the Turks and Caicos Islands, from Hurricane Melissa to range between $3-5 billion. Moody’s best estimate of insured losses is $3.5 billion, […]
Saumya Jain
Jamaica gets additional $21.1m from CCRIF’s excess rainfall parametric policy for Melissa
The government of Jamaica is set to receive a second payout of USD 21.1 million following the passage of Hurricane Melissa, which has triggered the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company’s (CCRIF SPC) excess rainfall parametric insurance policy. On October 31st, 2025, the CCRIF SPC announced a record payout of USD 70.8 million […]
Saumya Jain