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Hard Market Watch: CIAB Q4 Edition
The takeaways from CIAB's Q4 survey were continued rate increases in line with market intelligence from companies.
IPC Research
,
March 05, 2020
Progressive: Let the Omni-wars begin
Following decades of significant market share growth, Progressive faces increasingly cost-efficient competition from large carriers, while its new TAM places the firm in a competitive agency channels.
Gianluca Casapietra
,
March 02, 2020
Market plunge drags down P&C stocks
Last week, the global spread of the coronavirus spooked investors, causing a sharp drop in risk assets globally.
Dan Lukpanov
,
March 01, 2020
Berkshire: Ludicrous earnings, but less healthy P&C
Warren Buffett’s conglomerate reported ludicrous headline net earnings, but with a less healthy story in insurance with lower favorable development and notable deterioration of results at Geico.
IPC Research
,
February 24, 2020
Q4 Broker Wrap: As Good As It Gets?
Brokers fired on all cylinders as the group outpaced historical averages on all key performance metrics, largely driven by P&C operations, but the sailing has not been equally smooth for everyone.
Dan Lukpanov
,
February 18, 2020
Auto: Expectations vs. Reality
Coming into 2019, with margins reaching cyclical highs, and pricing still elevated, the dynamic in auto changed on a dime.
Gavin Davis
,
February 17, 2020
Aon vs MMC: Two paths not taken. But which has made all the difference?
On Friday Aon reported earnings with its highest organic growth in 15-years . The blowout report gave a point of contrast on two roads that diverged in large-cap broking.
Dan Lukpanov
,
February 01, 2020
Q4 Broker Bonanza: MMC, AJ Gallagher, Truist
On Thursday we got a better look at broking trends as three new companies added to the mix of available data following Brown & Brown earlier this week.
Dan Lukpanov
,
January 30, 2020
WR Berkley: Pain for thee but growth for me
Berkley's earnings relied heavily on below trend expenses and lower cats, while both the AY loss ratio and PYD deteriorated meaningfully.
IPC Research
,
January 28, 2020
Travelers: Bad news > good news?
On Thursday morning, Travelers reported EPS of $3.32 versus $2.13 YoY and a headline beat versus analyst consensus of $3.29, in part driven by low catastrophe losses (thanks to an aggregate reinsurance recovery).
IPC Research
,
January 23, 2020
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