Research series

Late 1.1 renewal will extend U-shaped dynamic pricing

European cat is flat, as US casualty pricing improves and expectations of sequential rises through 2020 grow.

Adam McNestrie, December 10, 2019

With Q3 results in, and (re)insurance markets in a state of flux, an ever clearer picture is emerging of what winning and losing looks like in a hardening market.

IPC Research, December 08, 2019

Hard market watch: CIAB Q3 edition

Data from the Q3 CIAB survey provides solid evidence the market today is well beyond anything seen since the turn of the decade.

IPC Research, November 25, 2019

Soft market growth: A quick retrospective

Amid an environment of rampant social inflation, one of the best indicators of risk is how much growth was written in problematic lines during the soft market years.

IPC Research, November 18, 2019

Auto prices turn negative for first time since 2007

New inflation data shows continued pricing declines and rising average severity. Margin pressures continue to build as the spread widens, and frequency remains the wildcard.

IPC Research, November 14, 2019

Progressive: Underlying loss ratio up as severity continues to deteriorate margins

On Wednesday, Progressive reported earnings for October, including a continued deterioration in its commercial auto segment and lower catastrophe losses. All in, the underlying loss ratio deteriorated 2.1pts to 73.3%, and shares closed down 3.7%.

IPC Research, November 13, 2019

Vibe: Another casualty of the 2010-2015 start-up cohort

Full syndicates approved in the five-year period have generally underperformed.

Catrin Shi, November 12, 2019

Q3 brokers review. Mission: Impossible

After two quarters of pouring cold water on price firming, brokers have changed their framing of the market in Q3.

IPC Research, November 11, 2019

AIG: The path forward

With the re-underwriting in full swing, expenses and capital allocation questions now loom over AIG’s operating turnaround…

IPC Research, November 10, 2019

Voce's head shot will be heard around the world

Argo CEO Mark Watson III is stepping down with immediate effect. We see four key takeaways.

IPC Research, November 05, 2019

Rising loss costs drive cyber rates to inflection point

After years of cheap capacity and widening terms, complex accounts renewing in recent weeks have attracted low double-digit rate hikes.

Catrin Shi, November 05, 2019

Willis: Good enough is not enough

Willis’ in-line print provided a perfect opportunity to test the elevated market expectations on brokers’ operating performance

IPC Research, October 31, 2019