Market positioning, competitor actions, and second-order cascade analysis
Filed +8.5% Comm Auto rate increase in 12 states
Announced exit from Florida residential property
Strengthened GL reserves by $180M
Acquired specialty MGA for $85M
Downgraded to A- by AM Best
Launched new direct-to-consumer platform
Cascading impact analysis of competitor actions
Carrier B exits FL Property
~$200M premium available for redistribution
95%Agent relationships shift to remaining carriers
85%Rate adequacy improves across FL Property market
72%Reinsurance costs may decrease with less aggregate exposure
55%Other carriers may reconsider FL commitment
40%Carrier A raises Comm Auto +8.5%
Market benchmark rate shifts upward
88%Submissions increase for carriers not yet matching
80%Loss ratio improvement across market in 6-12 months
65%May trigger softening if rates overshoot adequacy
30%