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Insurance challenges similar to PG&E/California wildfires could see a repeat in Hawaii
With Maui wildfire investigations beginning to point the finger at Hawaii Electric, it’s possible the insurance industry will see things play out as they did with PG&E in California, but the smaller scale of local utilities suggests lower potential recovery for insurers.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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August 18, 2023
The Taxman Cometh for Bermuda companies
A 15% tax is in the works, but appears manageable, and with (re)insurance being Bermuda’s largest industry, the territory will take steps to keep companies where they are.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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August 16, 2023
InsurTechs to Incumbents: we’re coming for you…eventually
On the surface, InsurTech results were better than the noise from incumbents, but caution is needed to ascertain the quality of new business coming in during a time when even industry leaders stumble.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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August 14, 2023
The Bermuda (re)insurer pivot in 2023: Balancing Caesar salad with fudge brownies
Differences in reinsurer strategies and risk management lead to differentiation in stock multiples and long-term value creation.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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August 07, 2023
Broker Q2 recap: A look at organic growth, impact of fiduciary income and margins
Differences in business mix and definitions yield differing trajectories for brokers, but in the absence of a recession, we may see continued margin improvement.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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August 02, 2023
July average personal auto rate change hits decade high of 10.7% as filing submissions slow
At the same time, insurers are assessing the level needed to address loss cost trends.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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July 31, 2023
Q2 results early view: Brokers run off with the baton in this relay race
Early Q2 results show a sizeable performance gap across segments, from brokers’ continued organic growth to personal lines carriers’ rocky results.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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July 27, 2023
Personal auto in Q2: Is Progressive's reserve charge an outlier or a leading indicator for peers?
Progressive has now reported three consecutive months of adverse development. The Inside P&C Research team takes a closer look.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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July 24, 2023
Q2 preview: Insurance earnings might be an Oppenheimer-Barbie double feature
Pricing, catastrophes and rising costs are headwinds for this quarter’s insurer results, but brokers should be buoyed by continued inflation.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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July 18, 2023
Something’s gotta give: Farmers and Tokio Marine America add to Cali pullback tally
Farmers Insurance becomes the latest major national carrier to pump the brakes in California, limiting new business to only 7,000 policies per month, signaling further problems in the state’s homeowners’ market.
Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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July 14, 2023
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