Triple-I Blog | P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects – Go Health Pro

By William Nibbelin, Senior Research Actuary, Triple-I The U.S. P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, demonstrating a substantial 5.1-point enhancement compared to the prior year and representing the sector’s most favorable underwriting performance since 2013, as detailed in a recent report by Triple-I and Milliman. However, … Read more

Donald Trump signals openness to cutting China tariffs ahead of Geneva talks – Go Health Pro

Donald Trump signals openness to cutting China tariffs ahead of Geneva talks – Go Health Pro

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US President Donald Trump has signalled his openness to cutting tariffs on China ahead of Saturday’s high-stakes talks between the world’s two largest economies, as both sides seek to de-escalate their trade war. … Read more

Walmart’s restored ‘basket fee’ unrelated to tariffs, company claims – Go Health Pro

Walmart’s restored ‘basket fee’ unrelated to tariffs, company claims – Go Health Pro

In the tariff era, minor price fluctuations can be big news, and many people are quick to blame any price increase on tariffs. Just last night, Mashable fact-checked a false alarm about Microsoft raising some Surface laptop prices. Now, it’s Walmart’s turn. On April 30, Reuters reported that Walmart had reinstated a $6.99 fee for … Read more

Toyota warns profits set to fall 21% as Trump tariffs take their toll – Go Health Pro

Toyota warns profits set to fall 21% as Trump tariffs take their toll – Go Health Pro

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Toyota has warned operating profits will fall 21 per cent this fiscal year due to the fallout from President Donald Trump’s trade war, increasing the pressure on Japan to reach a deal on tariffs with … Read more

Strategic patience is the smartest response to Trump’s tariffs – Go Health Pro

Strategic patience is the smartest response to Trump’s tariffs – Go Health Pro

The best response to Donald Trump’s tariffs would be strategic restraint, argues Joshua Fenton. By refusing to be drawn into a trade war, Europe can protect itself from further damage and demonstrate the futility of unilateral tariffs. In the eyes of Donald Trump, tariffs are tools of strength, part of a zero-sum game designed to … Read more