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Q2 earnings preview: Just a slow-motion car wreck
Last week featured the first new data points on Q2 earnings with Progressive and Truist reporting. But P&C earnings season really kicks off this week with the traditional frontrunners set to report.
Insurance Insider US Research
,
July 20, 2020
Truist’s Q2 adds to broker optimism
Truist Insurance reported its Q2 results providing the first view on broker earnings season, and more broadly, a read on P&C market dynamics.
Insurance Insider US Research
,
July 16, 2020
June CPI: Auto pricing remains at historic lows
On Wednesday, the BLS released June CPI data, which included -10.1% personal auto premium inflation. The figure is up from -14.3% in May and remains at levels not seen since at least January 1999.
Insurance Insider US Research
,
July 16, 2020
Progressive shines another light on frequency benefits
Since the Covid-crisis began, we have argued that the most likely outcome for P&C carriers is a get out of jail free card on loss trends due to lower frequency.
Insurance Insider US Research
,
July 15, 2020
The bull market is dead. Long live the bull market.
With all P&C major target asset classes up in Q2, carriers are set to report substantial book value gains from investments, reversing the balance sheet hit from the previous quarter.
Insurance Insider US Research
,
July 13, 2020
Allstate: More shots fired in the ‘omniwars’
Earlier this week, Allstate announced the $4bn acquisition of National General, the latest step in its efforts to improve its omni-channel presence and compete for market share.
Gavin Davis
,
July 10, 2020
Chubb goes first on Covid-19
Chubb went first with a second-quarter loss pick for Covid-19 yesterday, pre-announcing that it would post $1.365bn of reserves for claims relating to the pandemic.
Adam McNestrie
,
July 07, 2020
P&C stocks drift higher ahead of Q2 results
In the equivocal macro environment heading into Q2 results, P&C stocks outperformed the market.
Insurance Insider US Research
,
July 06, 2020
Lemonade – The path forward
On Thursday, the last day of trading before the 4th of July weekend, Lemonade made its debut on the stock exchange.
Gavin Davis
,
July 06, 2020
Auto frequency trends show signs of decoupling as virus experience and policy differences manifest
As we enter July, we revisit the work we’ve been doing every month to measure the observable decline in auto accidents by compiling data from real-time state traffic accident databases.
Insurance Insider US Research
,
July 01, 2020
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