Inside P&C Honors 2022 recognizes outstanding achievement in the US and Bermuda market and reinsurance and was for the first time held in person in New York City.

As ITC Vegas begins, the Inside P&C Research team explores the discussions needed among InsurTechs to address questions around capital, partnerships, and profitability prospects.

Specialized carriers and MGAs building growing books in the specialist market are in no rush to see legalization that would usher in larger competitors.

The awards will be held in person for the first time on September 28 at Guastavino’s in New York City.

Sources said the market could see multiples as high as 17x-19x before a correction, some others have a bullish view saying a correction will be smooth.

With pricing decelerating and loss-cost trends potentially reversing, regionals should continue to execute on their present strategy.

The specialty insurer continues to face obstacles in finding a buyer, and a period of independence might now be the better option.

It’s still a great time to be a specialty insurer, but uncertainty about future prospects is mounting.

Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.

A sale of the reinsurance business would drive higher returns, reduce volatility and help re-rate the shares.

As well as wheeling out the same old products, the sector manages new risks through exclusion and does a poor job of telling its story to insureds.

Triple-S Costa Rica’s assets amounted to $16.9mn in 2021 and the insurer underwrote gross premium of $17mn.