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Inside P&C’s news team runs you through the key highlights of the week. -
Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.
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Inside P&C’s news team runs you through the key developments from the past week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The past few weeks bring back bad memories of 2008, but many factors that triggered that crisis seem not to be in play this time around
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Following the announcement of the delay, Metromile shares rose over 9% earlier this morning to just under $0.90 per stock.
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GDP drops haven’t guaranteed RoE declines, and the yield curve is inversely correlated with industry P/B.
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Following his promotion, Hippo’s new CEO discussed InsurTech public market conditions, the funding environment for private companies, inflationary pressures and loss ratios.
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Sentiment scores are down across the industry, indicating pessimism regarding inflation and the economy.
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The Warren Buffett-led conglomerate also remained firm in its position in rival broker Aon.
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The homeowners-focused InsurTech slashed expenses, posted an improved gross loss ratio and reiterated guidance.
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The broker put ILS capital at $96bn by year end, $1bn lower than mid-2021 but ahead of its $94bn year-end 2020 estimate.
