Research

R-L-I don't believe it's Q2 earnings

P&C results kick-off with more whimper than bang…

IPC Research, July 18, 2019
Q2 Earnings preview

Expectations are elevated. Will management commentary on pricing meet increased optimism?

IPC Research, July 17, 2019
ProSight IPO: Leverage-driven ROE improvement may be hard sell to investors

Financials show recent results driven by leverage and lower quality earnings improvement.

Gianluca Casapietra, July 11, 2019
Neon sale delay points to Lloyd’s valuation green shoots

AFG’s decision to retain the group looks like a bet on improved pricing and market transformation.

Adam McNestrie, July 02, 2019
Q2 weather update: benign June softens blow after harsh April and May

Low tornado count in June follows 556 in May and 303 in April

Gianluca Casapietra, July 02, 2019
H1 valuations review: Investors bet on quality (but not a rising tide) as P&C valuations hit highest since 2007

The P&C industry P/B multiple increased to 1.41x, the highest level since 2007.

Dan Lukpanov, June 30, 2019
Industry braced for noisy Q2 as tornado count reaches highest since 2011

Record streak of tornadoes likely to impact Q2 underwriting results

Dan Lukpanov, May 30, 2019
Argo-Voce: A game of board seats, the season finale

State regulators in Illinois and Virginia melt the Iron Throne.

IPC Research, May 23, 2019
Everest and peers search for $1bn of retro as Florida prepares for endgame

Majority of Florida firm order terms hit the market, but many participants think capacity shortfalls are likely at current price levels.

Adam McNestrie, May 21, 2019
Inside: Commercial Lines – The market is moving. How far will it go?

Firmly a sellers' market - but the devil is in the detail.

IPC Research, May 21, 2019
Jebi creep and higher expenses drag on Bermudian Q1 results

First-quarter combined ratios deteriorated at most Bermuda-based (re)insurers.

Iulia Ciutina, May 14, 2019
Q1:19 First Look: No hard market for old men, but the micro-cycle is here

Heading into earnings, our primary research leveraging an extensive network of industry contacts made clear to us that there is real “fear” in many pockets of P&C market leading to significant dislocation and re-underwriting actions in localized segments of the market.

Gavin Davis, April 29, 2019