Executives of two property/casualty insurance organizations—Kinsale Insurance and the U.S. P/C operations of Arch Capital—shared their recipes for success with an analyst who crowned their companies as performance leaders during a recent industry webinar.
The short takes:
We don’t outsource underwriting, said Michael Kehoe, chief executive officer of Kinsale Insurance Company.
We manage insurance cycles, said Matthew Shulman, CEO of Arch Insurance North America.
During the webinar in early July, Tim Zawacki, insurance sector strategist for S&P Global Market Intelligence, and Terry Leone, manager of financial institutions research for S&P GMI, described how the researchers develop an annual ranking of the 100-largest U.S. P/C carriers based on key performance metrics gauging superiority of rates of return, underwriting profitability, balance sheet growth and other indicators of success. Then Zawacki turned to the two executives to get their assessments of exactly what they thought it took for their