MetLife Acquires Pet Insurer; Assured Research Flagged Market in 2018 (Dec. 2019)

In early December life insurer MetLife struck a deal to acquire pet insurer PetFirst.  According to news reports, the deal is meant to add growth to the company's (and industry's) stagnating life sales.  Assured Research analyzed the pet market in our Nov. (2018) Briefing concluding that the $1 bil. market today could grow to $5-$10 bil. over the next decade.  We've added that Briefing to our Research tab; please click through to read it.

Assured Research in mPower by Mitchell; Q&A on WC and Auto (Nov. 2019)

Assured Research was pleased to be interviewed by Mitchell International on the topics of workers' compensation and personal auto.  In our 5-question interview we offer our thoughts on the outlook for these important P/C lines and the forces that will drive their returns in the years ahead.  Click here for a short read.

Social Inflation is Back! 3Q19 Reserve Charges and Discussion in Earnings Calls (October, 2019)

Assured Research began writing about social inflation in 2017 with a focus on trying to scope three components of the industry scourge: trends in legal advertising, trends in the judiciary, and third-party litigation finance.  Our work continues nearly three years later and we are happy to share with interested parties a recent presentation: Is Social Inflation to Blame for Commercial Auto U/W Losses? - presented at the Society of Insurance Research annual meeting.  Please contact us to receive the presentation and request a free trial.

Pricing Cycle to Gain Momentum, Not a Hard Market (September, 2019)

Our September Assured Briefing is all about the pricing cycle.  Everyone has a view, but in our work we offer more than that with examinations of the parallels between the economic and social environment today and those preceding the hard markets of the 70s, 80s, and early 00s.  Read more in our press release and contact us to listen to our webinar on the topic.  Click here to see the rapt attention paid by students at St. Joe's when we visited to share insights with future insurance leaders.

Female-Named Hurricanes NOT More Deadly than Male, WSJ Got it Wrong (Aug., 2019)

An article in the Wall Street Journal (Who's Afraid of Hurricane Dolly?) relies on a flawed report, in our opinion, from 2014 to conclude that "people won't evacuate until storms are given scarier names".  Wrong!  We re-released our 2014 Assured Comment showing that the study cited by the WSJ author misleadingly (though unintentionally, we assume) used data from 1950-2012 to reach it's conclusion; but hurricanes from 1953-1979 were only given female names.  Meanwhile, steady improvements in forecasting and communications means death tolls from hurricanes have been declining.  So, the authors over-weighted data from long ago, female-named storms with higher death rates. Read our letter to the editor published in August.