- Adjusted net income return on equity was 28.6% over the trailing 12 months.
- Auto insurance combined ratio was 86%, a 9.9 point improvement from the second quarter of 2024.
- Divestitures of Employee Voluntary Benefits and Group Health businesses generated $3.25 billion, representing a 25 times multiple of latest 12-month earnings.
- Homeowners business had an underlying combined ratio of 58.6 but was offset by $1.6 billion in catastrophe losses, leading to a combined ratio of 102 in the quarter.
- Investment income was $754 million in the quarter, representing a total return of 1.4% for the quarter and 5.4% for the last 12 months.
- Net income was $2.1 billion and adjusted net income was $1.6 billion or $5.94 per diluted share.
- Personal property-liability policies in force increased by 0.8 points.
- Property-Liability business generated nearly $1.3 billion of underwriting income with a combined ratio of 91.1%, a 10-point improvement from prior year quarter.
- Protection Services revenues were $867 million in the quarter, generating $60 million of income.
- Returned $1.1 billion in dividends and repurchased $445 million of common stock in the past year.
- Revenues were $16.6 billion in the second quarter, a 5.8% increase compared to the second quarter of 2024.
- Total policies in force increased by 4.2% over the prior year, led by Allstate Protection Plans.
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- Adjusted operating margin was 18.5% for the quarter, a 150 basis point improvement over prior year, driven by strong organic growth and expense management.
- Free cash flow for the first half of 2025 was $217 million, down $88 million from prior year due to increased incentive costs, retirement program redesign, higher cash taxes, and absence of TRANZACT cash inflows.
- Health, Wealth & Career (HWC) segment revenue grew 4% with strong growth in Health at 8%, Wealth at 3%, Career at 1%, and flat growth in Benefits Delivery & Outsourcing (BD&O).
- HWC operating margin increased 190 basis points to 23.8%, and R&B operating margin improved 60 basis points to 21.2%, or 100 basis points excluding foreign exchange impact.
- Returned $591 million to shareholders via $500 million in share repurchases and $91 million in dividends during the quarter.
- Risk & Broking (R&B) segment revenue grew 6%, with Corporate Risk & Broking (CRB) growing 6% or 7% excluding book of business activity and fiduciary interest income.
- WTW delivered 5% organic revenue growth and 150 basis points of adjusted operating margin expansion in Q2 2025, with adjusted EPS of $2.86, up roughly 20% year-over-year.
- Assets under custody and administration grew 5% year over year to $17 trillion, while assets under management increased 9% year over year.
- Expenses increased 4.7% year over year, with positive operating leverage of 110 basis points and expense to trust fee ratio improving by 120 basis points to 112%.
- Net interest income on an FTE basis was $596 million, down 3% sequentially but up 5% year over year, with net interest margin increasing to 1.7%.
- Return on average common equity reached 14.8%, with a pretax margin expansion of nearly 200 basis points compared to the prior year.
- Revenue increased 6% year over year, driven by favorable equity markets and well-managed expense growth.
- Third quarter net income was $458 million with earnings per share of $2.29, reflecting a 14% increase year over year excluding notable items.
- Trust and investment servicing fees totaled $1.3 billion, up 6% year over year, with wealth management fees up 5% and asset servicing fees up 6%.
- Year to date, Northern Trust returned 110% of earnings to shareholders, including $431 million in the quarter through dividends and stock repurchases.
- Jackson Financial reported adjusted operating earnings of $350 million in Q2 2025, driven by strong spread product performance and higher yields in the bond portfolio.
- Jackson returned $216 million to shareholders in Q2, extending 15 consecutive quarters of capital return, with $447 million returned in the first half of 2025.
- RILA account balances grew nearly 80% year-over-year to nearly $15 billion, with RILA sales up 16% sequentially to $1.4 billion.
- Total adjusted capital increased to $5.3 billion, with a risk-based capital ratio of 566%, well above the 425% target minimum.
- Total retail annuity net outflows improved to $2.2 billion, down 27% from a year ago and 39% from Q1 2025.
- Variable annuity account values increased to $239 billion by the end of Q2, with total retail annuity sales rising 4% year-over-year to $4.4 billion.
- Adjusted operating net income excluding merger expenses and CECL provision was $77.4 million or $1.55 diluted EPS.
- Assets under administration (AUA) in wealth management grew to $9.2 billion, including $1.4 billion from Enterprise acquisition.
- Commercial & Industrial (C&I) loan balances grew organically over 13% annualized in Q3.
- Commercial real estate (CRE) loan balances declined organically at a 6.7% annualized rate.
- Deposits grew organically by approximately 1% annualized, with demand deposits representing 28% of total deposits.
- GAAP net income for Q3 2025 was $34.3 million with diluted EPS of $0.69.
- Net interest margin improved to 3.62%, a 25 basis point increase from prior quarter.
- Operating return on average tangible common equity improved 283 basis points to 13.2%.
- Attritional combined ratio improved 2.3 points year-over-year to 90.9% in the first half, driven by improvements in loss ratio, acquisition costs, and operating expenses.
- Core combined ratio improved by 3.8 points year-over-year to 89.5% in Q2, marking the 11th consecutive quarter of underwriting profit.
- Gross written premiums grew 10% in Q2 and 14% year-to-date, with net premiums growing 8% in Q2 and 14% in the first half.
- Half year underwriting income was $96 million with core combined ratio of 92.4%, showing slight improvement despite catastrophe losses.
- Insurance & Services segment saw net premium growth of 15% in Q2, outpacing gross premium growth due to increased retention.
- Net investment income was $68 million in Q2, tracking in line with full-year guidance of $265 million to $275 million.
- Second quarter BSCR ratio was 223%, within target range, supporting organic growth opportunities.
- SiriusPoint delivered strong Q2 2025 results with an underlying return on equity (ROE) of 17%, exceeding the target range of 12% to 15%.
- Underlying earnings per share increased over 100% year-over-year to $0.66 in Q2; diluted book value per share grew 4% in Q2 and 10% year-to-date.
- Year-to-date underlying ROE was 15.4%, at the upper end of the target range despite losses from aviation and California wildfires.
- Average loans increased by 2.5% to $5.2 billion, an all-time high.
- Deposits grew by $217 million to $5.5 billion year-over-year.
- Efficiency ratio improved by nearly 9% compared to the prior year quarter.
- Net income for 2025Q3 was $16.3 million, a 26.3% increase year-over-year.
- Net interest income grew 11.5% to $43.1 million compared to 2024Q3.
- Net interest margin expanded by 18 basis points to 2.79%.
- Nonperforming loans decreased to 0.36% of total loans, improving credit quality.
- Return on average assets increased to 1.02%, and return on average equity rose to 9.29%.
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