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Catastrophe claims spiked to $835mn, compared with $333mn a year ago.
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Research
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The broker touted new business growth of 12.8%, improved cross-selling and stable rates at 7% from Q4. -
The personal carrier reported highest MoM PIF growth in 60 months in direct auto.
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In the absence of macro and micro catalysts the short interest changes in the broader industry were muted.
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Taking Metromile public cost the firm an estimated 22% of gross proceeds, followed by Hippo at 11%.
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Podcasts
March 23, 2021
In the second episode of Inside P&C’s new podcast, Unreserved, Everest Re CEO Juan Andrade and COO Jim Williamson sit down with Insider Publishing’s editor-in-chief Adam McNestrie.
Opinion
Longform Research
Longform Research
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The de-SPAC transaction will value the homeowners InsurTech at $5bn.
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But for its stock valuation and ~$650mn to $750mn in new cash proceeds, Root seems in every way like a business in crisis based on its fundamentals.
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Part One of a deep dive by our research team into Metromile’s business model.
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