RLI: Recognizing good news slowly
The specialty insurer provides positive news on rates, growth and claims trends.
Q3 earnings preview: Death by a thousand cuts
This week kicks off Q3 earnings with the traditional early reporters – Travelers, WR Berkley and RLI – followed by an absolute frenzy of releases the following week.
Progressive shows Root what a winning growth model looks like
Progressive’s September results were strong. The firm reported $0.57 in operating EPS, up 48.7% YoY, and saw a headline combined of 88.3% (down -4pts YoY).
Root IPO: InsurTech and The Big Lie
Our research team delves deep into the latest “unicorn” IPO from InsurTech land.
Auto frequency: The 90% plateau
Observable real-time data for September shows an estimated decline in auto accidents of 11%.
Travelers Q3: All things aren’t equal
Rate in excess of trend needs to be viewed along with low yields and adverse long-term trends on cat losses.
Coronavirus and the need for usage-based insurance
Mid-term policy changes because of the virus provide a jumping-off point for innovation.
Truist’s Q3 hints at upside surprises for brokers
Yesterday, Truist Insurance provided its traditional first look at likely trends in the insurance broking sector.