Research

CPI data shows loss cost trends remain under pressure

Although year-over-year headline CPI has decreased a bit, CPI levels pertaining to insurance are on the rise.

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

Investment review 2022: P&C insurers address interest rate movements

A subtle, decade-long shift toward equity investments halts as rising interest rates push carriers back to short-duration bonds.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, April 06, 2023

Reserving review 2022: Private auto and medmal give some cause for concern

Analysis shows that year-end 2022 industry reserves were redundant by 2.9%, but a quicker than anticipated turn in social inflation is a trend to watch out for.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, April 05, 2023

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Nationwide auto rates up 5.6%, homeowners' up 11.5% in March rate filings

High-impact rate filings in California have driven increases nationwide.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, March 30, 2023

Root’s troubles: Lessons for InsurTechs in a post-SVB world

Root’s challenges generate lessons for other InsurTechs, as its stock value crash leads to a management exodus, and the banking collapse dries up funding needed to balance cash burn.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, March 30, 2023

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InsurTech and regional bank short interest rises in SVB aftermath

Recent data shows an increase in InsurTech short interest and a slight uptick for brokers and P&C insurers as a result of economic uncertainty following the banking crisis.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, March 28, 2023

2022 stat data: Personal lines generates highest loss ratio in more than 25 years

The new 2022 stat data shows personal lines premium has grown year-over-year, but the loss ratios have been hit hard by catastrophes and loss cost inflation.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, March 23, 2023

The Last of Us: P&C insurers ponder a new banking world order

Though the present banking sector turbulence might bring back memories of 2008, fundamental differences in banking and insurance risk make contagion less likely.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, March 21, 2023

2022 stat data: Commercial lines growth dips to 8.7% as sector loss ratio nudges upwards

The latest statutory data release shows commercial carriers continued to benefit from the extended pricing cycle and exposure growth propelled by inflation, although growth slowed year-on-year.

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

The SVB crisis and its implications for P&C: It’s déjà vu all over again

Though insurers are not heavily invested in Silicon Valley Bank, Signature Bank, or in other regional banks at risk of contagion, the developing macroeconomic situation could impact P&C carriers more significantly.

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

2022 NAIC statutory data is out: Trends reflect impact of inflation

2022 statutory data is now available, and results show winners and losers

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, March 09, 2023

Q4 earnings call sentiment continues downward trend

Sentiment scores across US P&C segments dropped sequentially in Q4, though InsurTechs bucked the trend.

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala, March 08, 2023