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Severe U.S. weather contributed to catastrophe losses as underwriting margins narrowed despite premium growth.
Securities gains swung to losses and underwriting margins narrowed, cutting July profit despite favorable prior-accident-year development.
Completed property catastrophe per-occurrence reinsurance placement to limit severe-weather loss volatility and protect capital
Higher investment earnings lifted profit as personal auto claims severity and rising advertising costs squeezed underwriting margins.
A one-time reserve methodology change improved June’s property ratios, while overall underwriting margins narrowed.
Coverage: 10-K, 10-Q and 8-K filings filed since Jul 1, 2026.
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Company data: Wikidata Q7248721
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