Our ***** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Delivered 11.4% growth in net premiums earned, marking the ninth consecutive quarter of growth despite a softening workers' compensation market characterized by rate reductions and heightened competition.
Performance was bolstered by strong renewal retention exceeding 93% and robust payroll audit activity, reflecting healthy economic activity and wage growth within the insured base.
Maintained a disciplined current accident year loss ratio of 72%, balancing a return to 2023-level claim frequencies with a slight decrease in severity at the six-month mark.
Attributed continued market outperformance to specialized underwriting in high-hazard industries and a refusal to sacrifice pricing discipline for volume.
#Growth #attributed
Delivered 11.4% growth in net premiums earned, marking the ninth consecutive quarter of growth despite a softening workers' compensation market characterized by rate reductions and heightened competition.
Performance was bolstered by strong renewal retention exceeding 93% and robust payroll audit activity, reflecting healthy economic activity and wage growth within the insured base.
Maintained a disciplined current accident year loss ratio of 72%, balancing a return to 2023-level claim frequencies with a slight decrease in severity at the six-month mark.
Attributed continued market outperformance to specialized underwriting in high-hazard industries and a refusal to sacrifice pricing discipline for volume.
#Growth #attributed
2 months ago
