Research

We love/hate this interest rate environment

Differing views on the impact of a lower rate environment emerged as a key controversy from company presentations Thursday.

IPC Research, September 05, 2019
A first look at AIG 200 & Q3 competitive dynamics

We highlight the key new disclosures by P&C companies at an investor conference on Wednesday, including AIG, WR Berkley, The Hanover, and Third Point Re.

IPC Research, September 04, 2019
2019 catastrophes: Establishing the baseline pre-Dorian

In short, 2019 looks like a relatively normal year so far, with perhaps a little slack for the more internationally facing global reinsurers.

Gianluca Casapietra, August 29, 2019
P&C stocks: A mini-storm before the storm in rocky August

A near flat month to date performance for the Inside P&C Select masks a volatile month for P&C, with a 30pt spread between the best and worst performing stocks.

Dan Lukpanov, August 29, 2019
US D&O rate rises accelerate amid spiralling loss costs

Derivative actions and social inflation have created a significant uptick in claims activity.

John Hewitt Jones, August 27, 2019
Making interest rates grate again

Far from making interest rates great again, rates have returned to levels likely to make investment income grate on returns again.

Dan Lukpanov, August 25, 2019
Hard market watch: CIAB edition

Looking past the somewhat misleading averages, granular disclosures in the CIAB survey suggest significant pockets of the market are the hardest they have been for close to two decades.

IPC Research, August 22, 2019
Commercial auto: The Progressive problem

Progressive’s monster growth in Commercial Auto is becoming harder to ignore as a contributing factor to market-wide dynamics.

IPC Research, August 19, 2019
Maiden to stakeholders: Drop dead

A series of transactions that appear to benefit sister company AmTrust at its own expense raises questions about whose interest the firm is being run for.

IPC Research, August 15, 2019
Progressive: Positioned to outlast peers

Progressive's July results point to continued downward pressure on pricing as firms compete for market share in personal auto.

IPC Research, August 14, 2019
Auto: Pricing hits new lows

New inflation data showed pricing continued to weaken in July as companies pivot to growth. With flat severity, margin pressures are building. Frequency remains the wildcard.

IPC Research, August 14, 2019
Auto: The "overshoot" risk begins

Headline results at auto insurers remain strong. Even so, as the market shifts to a more pro-growth stance, the risk of overshooting on price competition always increases.

IPC Research, August 12, 2019