Content from Susanne Sclafane
RLI Inks 30th Straight Full-Year Underwriting Profit
"It's too long to be considered a hot streak." That's how the chief executive officer of specialty insurer RLI delivered the news of his company's unbroken 30-year record of underwriting profits on ...
Execs, Risk Experts on Edge: Geopolitical Risks Top ‘Turbulent’ Outlook
Global business leaders and risk experts see more turbulent near- and long-term risk horizons, with geopolitical risks now topping weather and technological risks as immediate risks, according to the ...
Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results
In separate reports last week, AM Best and Morgan Stanley analyzed P/C insurance industry expense ratios, with one reporting a 2.4-point drop over the past decade and the other projecting another ...
Good Times for U.S. P/C Insurers May Not Last; Auto Challenges Ahead
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 ...
Nearly Half of 100 Largest P/C Insurers Destroy Value: ACORD
"Sustainable value creators" among the 100 largest property/casualty insurance carriers generated more than twice as much of their value through underwriting than through investment activities over a ...
Why Reciprocal Insurance Exchanges Are Back in Fashion
Reciprocal insurance exchanges have been increasingly popular in recent years, with third-party investor interest in the fee-for-service businesses that manage RIEs and waning property insurance ...
How One MGU Grew Fivefold When Capacity Fled Cat-Prone Property Markets
"There was nobody there." That was part of the simple answer Terrence McLean, chief executive officer of SageSure, provided when asked why his company had to pursue complex launches of multiple ...
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
Analysts' projections of slower growth and smaller underwriting margins ahead for personal auto insurers started to play out ever so slightly in third-quarter results of two giant auto insurers this ...