P/C insurance stocks News

Property/Casualty Insurance Stocks Slump on Hurricane Milton-Related Fears

U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its path towards Florida’s western coast, marking yet another costly disaster for the industry to cover this year. Insurers are expected …

Insurance, Tech Stocks Outpacing Insurtechs in 2021: HSCM Index

Stock prices of 18 U.S. insurtechs that went public in the last decade soared as a group in 2020. But so far in 2021, large non-insurance technology companies and traditional insurance stocks both outperformed the insurtechs. Hudson Structured Capital Management …

P/C Stock Valuations Unlikely to Improve Much in Near Term: Conning

While property/casualty insurance stock valuation levels are finally exceeding book values after four years of below-book levels, a near-term return to higher historical valuation levels is unlikely, according to a new analysis by Conning. “Yes, underwriting fundamentals have improved, supporting …