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Insurance Industry News 16 October 2025 - 19 October 2025

Marsh CEO Slams Rivals’ “Unlawful” Hiring Blitz as Shares Slide

Marsh CEO Slams Rivals’ “Unlawful” Hiring Blitz as Shares Slide

Marsh & McLennan CEO John Doyle publicly accused rival brokers of “unlawful and unethical” talent raids during Marsh’s Oct. 16 earnings call insuranceinsider.com theinsurer.com. Doyle said competitors’ tactics were a “deliberate strategy” to flout non-compete covenants insuranceinsider.com. The comments came amid a surge of legal battles – Marsh has sued peers like Alliant and Howden for allegedly poaching its teams and clients insurancejournal.com insurancebusinessmag.com. In Q3, Marsh reported $6.4 billion revenue (up 11% YoY) and $911 million adjusted profit reuters.com, but its stock still plunged ~8% on the day reuters.com, trading around $190 (mid-Oct. 2025) stockanalysis.com. Analysts remain cautiously bullish: the consensus
Travelers Companies (TRV) Q3 Earnings Blow Past Estimates as Catastrophe Losses Tumble – Analysts Weigh In

Travelers Companies (TRV) Q3 Earnings Blow Past Estimates as Catastrophe Losses Tumble – Analysts Weigh In

Stellar Q3 Lifts Earnings – Stock Reaction Travelers’ Q3 earnings report (released Oct. 16 before markets) showed robust profitability and low catastrophe losses. Core income jumped to $8.14 per diluted share reuters.com, crushing prior-year ($5.24) and analyst forecasts benzinga.com. Net income was ~$1.888B (≈$8.24/sh), up ~52% from 2024, on revenues of $12.47B (above forecasts) tokenist.com. Underwriting gains more than doubled year-over-year, helped by a swing in catastrophe costs (only $402M vs $939M prior year) reuters.com gurufocus.com. The combined ratio (losses plus expenses / premiums) was a very strong 87–84% range reuters.com gurufocus.com. Early trading on Oct. 16 saw the stock
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