Research

Nationwide’s underwriting actions: Taking a look at homeowners’ CPI data

CPI figures show loss costs are cooling, and if rate levels cannot reach adequacy we are likely to see more pausing from the industry beyond State Farm, Allstate and Nationwide.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, June 14, 2023

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InsurTechs see high short interest amid wider stock price rebound

InsurTechs are still the most heavily shorted among P&C names, though they likely have been beneficiaries of a short squeeze for most of 2023.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, June 13, 2023

InsurTechs hunt for their ‘Ozempic moment': Key takeaways from Insurtech Insights

InsurTech players shift attention to embedded solutions and MGA/MGU strategies at the Insurtech Insights conference.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, June 12, 2023

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Better call Saul: Global Indemnity’s potential Penn America disposal

Recent top line growth and improved performance will need to be weighed against historical underperformance at group level, but the opportunity could attract a non-traditional buyer.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, June 07, 2023

Hurricane watch 2023: Here comes the rain again

Forecasts for “near-normal” activity may mean the chance at a reprieve for the Florida market, but a history of underestimates warrants caution.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, June 01, 2023

State Farm: The end of California Dreamin’

Continuing rises in loss frequency and severity plus a difficult regulatory framework make the situation in California highly challenging for carriers.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, May 31, 2023

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NAIC statutory data reveals highest Q1 industry loss ratio in 20 years

Recently released statutory data shows the US P&C industry loss ratio touching the 65% mark, the highest level in two decades.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, May 26, 2023

RenRe + Validus Re: Marrying another version of yourself

The recent deal is accretive at 18% and will allow RenRe to take further advantage of the hard market.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, May 25, 2023

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Debt ceiling standoff: How much US debt does the P&C industry own, and should we be concerned?

The current status of debt ceiling discussions, or lack thereof, are rattling markets, but select P&C insurers look strong in a relative sense.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, May 22, 2023

Everest’s $1.5bn raise: A hard market bear signal or furthering the Chubbification process?

Everest Re’s $1.5bn capital raise could be part of a continued pivot, or an early indicator of a shifting marketplace.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, May 22, 2023

Is a social inflation tsunami on the horizon?

With social inflation increasing since Covid, ProAssurance’s recent announcements could be the tip of the iceberg for older claims in the industry.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, May 18, 2023

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Reinsurance in 2022: Top US-exposed reinsurers register double-digit growth for fifth year running

Analysis of 2022 statutory data shows top US-exposed reinsurers grew assumed premiums 13% year-on-year in 2022.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, May 16, 2023