Research series

Progressive: High cats lead to more ‘normal’ earnings, direct growth accelerating

Progressive’s August results were solid. The firm reported $0.38 in operating EPS, up 11.6% YoY, and recorded a headline combined of 92.6% (down -0.8pts).

Insurance Insider US Research, September 18, 2020

Argo: Break up, reallocate, de-cost, ride the wave, re-rate, sell

Inside P&C takes a deep dive into the carrier’s prospects almost a year after Watson’s exit.

Adam McNestrie, September 17, 2020

August CPI: Auto price inflation nears pre-Covid levels

On Monday, the BLS released August CPI data which included -1.5% personal auto premium inflation. The figure is up from -1.9% in July, and a historic low in May of -14.3%.

Dan Lukpanov, September 16, 2020

Watford: Caught in the Arch trap

Inside P&C’s research team examines the prospects for a sale of the total return (re)insurer.

Adam McNestrie, September 11, 2020

Is Goosehead a disruptor?

The Inside P&C research team takes a deep dive into the firm's remarkable growth and valuation story.

Insurance Insider US Research, September 09, 2020

AIG: Freedom’s just another word for nothing left to lose

The Inside P&C research team takes a deep dive into AIG's current crisis and the case for a break-up.

Insurance Insider US Research, September 04, 2020

Aon-Willis: The path to closing

Inside P&C takes a detailed look at the next steps including the potential for anti-trust issues and the brewing war for talent.

Insurance Insider US Research, September 03, 2020

Auto frequency normalization slows

Every month we measure observable changes in auto accidents by compiling data from real-time state traffic accident databases.

Insurance Insider US Research, September 01, 2020

Can AIG avoid another lost decade?

In the first of a two-part series on a year of transition at AIG, we argue the board deserves more scrutiny for its role in tolerating persistent underperformance.

Insurance Insider US Research, August 21, 2020

Progressive: Frequency benefits continue into July

Since the start of the Covid-19 crisis, we have argued that the most likely outcome for P&C carriers is a get-out-of-jail-free card on loss trends due to lower frequency.

Insurance Insider US Research, August 20, 2020

Auto frequency trends continue to decouple

Every month we measure observable changes in auto accidents by compiling data from real-time state traffic accident databases.

Insurance Insider US Research, August 18, 2020

D&O: The high-retention hard market

Aon’s D&O pricing data shows a market that is simultaneously stressed and stable.

Insurance Insider US Research, August 17, 2020