What’s News in Earnings: Insurers Confront a Riskier Future

收入的新闻是什么:保险公司面对更风险的未来

WSJ What’s News

新闻

2025-02-08

9 分钟
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Bonus Episode for Feb. 7. California’s wildfires caused an estimated $30 billion or more in losses to insurers. The state’s insurance landscape is in a state of chaos, but the broader industry is faring better. Telis Demos, co-host of WSJ’s Take On the Week and a writer for Heard on the Street, breaks down what’s happening across the industry and explains why the impact of the catastrophe on insurance companies such as Allstate, Travelers and Chubb could depend on reinsurers like the Everest Group.  Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Hey, listeners, it's Friday, February 7th.

  • I'm Chip Cutter for the Wall Street Journal, and this is what's NEWS in Earnings,

  • our look at the broad themes that stood out in the latest earnings season.

  • Today we're focusing on insurers, a group of companies that has been in the headlines a lot recently,

  • especially since the catastrophic fires

  • in California that are likely to cost the insurance industry billions of dollars.

  • Big home and auto insurers have now reported their earnings,

  • giving us a sense for how companies are handling the costly California crisis and more.

  • Telus Demos, co host of the Wall Street Journal's Take on the Week podcast,

  • has been analyzing the results of the big insurers and joins us now.

  • Hey, Telus.

  • Hi.

  • How are you doing?

  • Well, thanks for being here.

  • So among the home and auto insurers, how did the companies perform?

  • Which companies are faring the best?