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Voce's head shot will be heard around the world

Argo CEO Mark Watson III is stepping down with immediate effect. We see four key takeaways.

IPC Research, November 05, 2019
Rising loss costs drive cyber rates to inflection point

After years of cheap capacity and widening terms, complex accounts renewing in recent weeks have attracted low double-digit rate hikes.

Catrin Shi, November 05, 2019
Willis: Good enough is not enough

Willis’ in-line print provided a perfect opportunity to test the elevated market expectations on brokers’ operating performance

IPC Research, October 31, 2019
MMC's Q3 restores optimism on JLT synergies & growth

On its Q3 earnings call on Tuesday, MMC played up revenue synergies following vivid signs that JLT cost synergies are already working out.

IPC Research, October 30, 2019
Is Chubb still a growth story?

Chubb's moment of truth on growth arrives

IPC Research, October 30, 2019
Broker cognitive dissonance just got harder (much like the market...)

Brown & Brown released new investor materials that include bullish pricing data points all over the place.

Dan Lukpanov, October 28, 2019
It's the cheating phase, stupid

CNA Q3 operating EPS fell 68% YoY to $0.37 per share missing consensus estimate of $1.02, as both P&C and Life & Group operating results weakened – driven by the first adverse development in P&C since Q1-15 and a charge related to life reserves.

IPC Research, October 28, 2019
Mercury: 4% sequential rise in frequency & severity

On Monday morning, Mercury General reported disappointing earnings for the quarter, including a 30% decline in its operating EPS to $0.78 per share. The result missed analyst estimates of $1.15 per share. The shares closed down 11%.

IPC Research, October 28, 2019
Brokers: The expectations escalator

The dynamic facing brokers appears clear: on one hand, they've been operating with the wind at their back. On the other, tailwinds led to expectations that appear to only be accelerating.

IPC Research, October 25, 2019
Brokers begin to change mood music as AJG says rate increases 'make a lot of sense'

Brokers appear to be no longer resisting rate increases, but are focused on prepping clients for rate increases and training staff to sell those rate rises.

IPC Research, October 24, 2019

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