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The Insurance Insider US news team runs you through the earnings results for the day. -
The gross loss ratio for the homeowners InsurTech fell by 12 points last quarter.
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The company reduced its proportional quota share program from 55% to 20% cession.
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The company also purchased $15mn of SCS parametric coverage.
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The Insurance Insider US news team runs you through the earnings results for the day.
-
The Insurance Insider US news team runs you through the earnings results for the day.
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The S&P 500 outperforms as P&C tumbles on mixed earnings.
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The reinsurance CoR fell 2.3 points to 79.5% while the primary CoR rose 4.7 points to 98.7%.
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On Q2 calls, carrier executives called out fierce competition in various lines of business, and a misalignment of interest.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The model becomes the second in the state to get approval to affect ratemaking applications.
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CEO Roche said that “significant price increases” are still to come, however.
