Verisk, a strategic data analytics and technology partner to the global insurance industry, has reported total revenue of $3.073 billion for 2025, an increase of 6.6% compared with 2024.
According to the firm, underwriting revenues rose 7.7% from 2024 to $2.18 billion, driven by growth in forms, rules and loss cost services, as well as catastrophe and risk solutions. Life solutions and specialty business solutions also contributed to the increase.
For the full year, claims revenues climbed 4.1% to $893 million, primarily reflecting growth in anti-fraud, property estimating and casualty solutions.
For Q4 2025 alone, Verisk disclosed that revenue was $779 million, up 5.9% from Q4 2024.
Meanwhile, the firm’s full year 2025 net income was $908 million, a decrease of 5.1% from 2024. Verisk explained that the decrease in net income was attributable to net gains recognised in the prior year from the settlement of investments in non-public company as well as the amortisation of deferred issuance costs and original issuance discounts and redemption premium accrual in the current year associated with the termination of the 2030 Senior Notes, 2036 Senior Notes, and Term Loan Facility, partially offset by a lower income tax provision.
In 2025, the firm’s adjusted EBITDA rose 8.5% on an OCC basis, reportedly driven primarily by operating leverage on revenue growth and continued cost discipline.
Elizabeth Mann, CFO of Verisk, commented on the figures, “In the fourth quarter, Verisk delivered solid results, closing out another strong year with growth and profitability in line with our long-term growth targets.
“Despite some temporary factors that negatively impacted growth, including a very low level of weather activity in the year, Verisk delivered OCC revenue growth of 6.6%, OCC adjusted EBITDA growth of 8.5% and strong free cash flow growth in 2025.
“I am excited to share that our board has approved an 11% increase in our dividend and an increase in our share repurchase authorisation, which we expect to implement through a $1.5 billion accelerated share repurchase program in the near term, demonstrating our confidence in our economic model and our commitment to capital return.”
Lee Shavel, President and CEO, Verisk, concluded, “Verisk delivered a solid fourth quarter result, capping off another year of growth in line with our long-term financial targets.
“We enter 2026 with clear strategic momentum and are capitalising on the substantial opportunity to support our clients’ objectives in a rapidly evolving environment.
“With our industry expertise, client relationships and deep integrations and proprietary and unmatched data sets, we have deployed generative and agentic AI solutions that are being used by our clients, and we believe we are uniquely positioned to create value for the industry and shareholders alike as we deploy this evolving technology.
“We continue to have confidence in our ability to deliver results in line with our long-term growth targets for 2026 and beyond.”
In related news, S&P Global Energy recently announced a new data-sharing collaboration with Verisk, designed to deliver climate catastrophe exposure data and insights to both the financial and insurance sectors.
This partnership, which brings together the differentiating data of both companies, will allow these sectors to quantify both the insured and uninsured financial impacts of future climate events and near-term natural catastrophes, creating a new industry benchmark for climate risk intelligence.
