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Finance & Markets

First-Half US P/C Industry Underwriting Gain Jumps to $31.7B

The U.S. property/casualty insurance industry posted a much higher net underwriting gain of $31.7 billion for the first half of 2026, up from $11.6 billion the prior year. According to a report from data analytics and technology firm Verisk and …

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Upgraded but underperforming: Philippines’ growth lags behind

The Philippines’ rise to upper-middle-income status was supposed to mark a new phase for one of Southeast Asia’s most closely watched emerging economies. Instead, analysts say the milestone has done little to shield the country from short-term pressures weighing on growth: sluggish public spending, delayed infrastructure, high living…

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