The presence of various key players in the ecosystem has led to competitive and diverse market...
US Commercial Auto Insurance Recovery May Prove Unsustainable
Following a decade of annual underwriting losses, the U.S. commercial auto insurance segment posted a below 100% combined ratio...
Following a decade of annual underwriting losses, the U.S. commercial auto insurance segment posted a below 100% combined ratio...
Article / 4 days ago
Saudi Arabia: Motor losses render 1Q2022 extremely challenging for insurers
The first quarter of this year continued to be extremely challenging for the Saudi insurance market, and brought higher losses following 2021 which...
The first quarter of this year continued to be extremely challenging for the Saudi insurance market, and brought higher losses following 2021 which...
Article / 27 days ago
US P/C Commercial Lines See Pricing, Underwriting Improvement
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
The underwriting performance of U.S. property/casualty (P/C) insurance commercial sector lines is poised for favorable underwriting gains in 2022, barring outsized natural catastrophe losses...
Article / 2 months ago
Root Q1 auto policies in force shrink, GWP falls by 8%
Root’s Q1 auto policies in force shrunk 6.9% year over year to 335.3 million, compared with 360.3 million at the end of last year’s first quarter...
Root’s Q1 auto policies in force shrunk 6.9% year over year to 335.3 million, compared with 360.3 million at the end of last year’s first quarter...
Article / 2 months ago
Commercial auto insurers see highest premiums, lowest combined ratio since '17
Progressive remains the dominant player in commercial auto with the highest premiums and growth rate, to go along with the second-lowest combined ratio among the top 20 companies in the sector...
Progressive remains the dominant player in commercial auto with the highest premiums and growth rate, to go along with the second-lowest combined ratio among the top 20 companies in the sector...
Article / 2 months ago
UK Non-Life Company Market Maintains Strong Results in 2021
The UK non-life insurers monitored by Fitch Ratings had reduced pandemic-related losses on business interruption and travel policies in their commercial lines in 2021...
The UK non-life insurers monitored by Fitch Ratings had reduced pandemic-related losses on business interruption and travel policies in their commercial lines in 2021...
Article / 3 months ago
Commercial Pricing, Auto Results Support US P/C Insurer 2022 Profits
Continued favorable commercial lines pricing and stabilization in personal auto results will lead to 2022 underwriting and profit improvement for U.S...
Continued favorable commercial lines pricing and stabilization in personal auto results will lead to 2022 underwriting and profit improvement for U.S...
Article / 3 months ago
Q4 review: Insurance firms adjusting to a different world
Roughly six weeks since publishing our Q4 earnings preview, the world feels like a very different place...
Roughly six weeks since publishing our Q4 earnings preview, the world feels like a very different place...
Article / 4 months ago
Metromile posts $2.4mn contribution loss as loss ratio swells
Metromile reported a contribution loss of $2.4mn in the fourth quarter, compared with a contribution profit of $5.6mn in the prior-year period, as the loss ratio at the auto carrier continued to swell...
Metromile reported a contribution loss of $2.4mn in the fourth quarter, compared with a contribution profit of $5.6mn in the prior-year period, as the loss ratio at the auto carrier continued to swell...
Article / 4 months ago
Root Q4: A make-or-break quarter
In every publicly traded insurance company's journey, certain quarters can be pivotal to the company's future. For Root, this was one of those...
In every publicly traded insurance company's journey, certain quarters can be pivotal to the company's future. For Root, this was one of those...
Article / 4 months ago