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IPC Research
Published by this author:
Kemper: Severity and refunds offset drop in frequency
Kemper released its Q1 results which included a 2.1pt deterioration in its P&C combined to 94.2% and 62% growth in its operating EPS to $2.43.
IPC Research
,
May 08, 2020
HCI U/W income turns positive in Q1; InsurTech sub, TypTap, grows premiums to $18mn
The Floridian’s InsurTech subsidiary TypTap grew premiums threefold, leading to a 13% rise in premiums written overall.
IPC Research
,
May 08, 2020
Argo: $26mn Covid-19 charge weighs on int’l segment results; US ops margins also weaken
Core underwriting margins in the International segment remained flat YoY, while underlying results in the US weakened.
IPC Research
,
May 08, 2020
Third Point generates U/W profit as investment losses hit operating income
The turnaround effort at Third Point Re took hold, after the company reported strong results that included its best underwriting result as a public company and continued favorable development.
IPC Research
,
May 08, 2020
United Fire: Frequency down 23% on a written premium basis
Q1 earnings at United Fire Group included a 94.5% drop in operating EPS to $0.05 and a 9.6pt increase in the firm’s combined ratio to 105.2%.
IPC Research
,
May 07, 2020
State Auto: 40% reduction in miles driven
The company released its Q1 results which included a 158% decline in operating EPS to $(0.18) and a 7.5pt increase in its combined to 107.2%.
IPC Research
,
May 07, 2020
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