Stocks
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Following the announcement of the delay, Metromile shares rose over 9% earlier this morning to just under $0.90 per stock. -
GDP drops haven’t guaranteed RoE declines, and the yield curve is inversely correlated with industry P/B.
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Sentiment scores are down across the industry, indicating pessimism regarding inflation and the economy.
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The Warren Buffett-led conglomerate also remained firm in its position in rival broker Aon.
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The homeowners-focused InsurTech slashed expenses, posted an improved gross loss ratio and reiterated guidance.
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Yield curve inversion, thoughts on a potential recession and impact on the property-casualty industry.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The insurance sector was up through the first quarter of 2022 as broader economic and international factors drove down markets.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The activist investor cited progress on governance issues in pulling back two proposed directors but pushed Safety Insurance for further strengthening.
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The board also declared a quarterly dividend of $0.535 per share on common stock, payable on May 13.
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Insurance carriers tailor their comments to leave investors walking away with an optimistic view.
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