combined ratio

CNA Financial reports Q1 core income down 20% to $225 million, citing reserve strengthening in excess casualty and professional liability lines amid social inflation concerns.

MCY reports $190.4M Q1 profit vs. prior-year loss, declares $0.3175 dividend. Combined ratio improved to 89.3% as net premiums grew 13.2%.

Amerisafe reports Q1 growth with $75.1M premiums, 93.2% combined ratio, and eighth consecutive quarter of expansion, though investment income pressures cap net income.

Axis Capital delivered record 2025 results with strong returns on equity and improved business mix, but faces valuation stretch and inherent catastrophe risks.

Progressive outperformed S&P 500 by 33% over a decade through superior underwriting discipline, now trading at just 10x earnings.

Progressive's earnings soared from $1 to nearly $20 per share since 2022, but softening market conditions and rising competition threaten sustainability of this exceptional growth run.

Slide Insurance reported $444M net income and $1.16B revenue, up 36% YoY. Director sold $1M in shares via pre-arranged plan while maintaining substantial stake.