Insurance — Specialty rates hit 2020 levels, Liberty Mutual profit doubles, and Strait of Hormuz disruptions threaten European supply chains — a day of converging signals across pricing, earnings, and geopolitical risk for insurers.

Insurance · 2026-05-07

Today's intelligence reveals a market caught between cyclical tailwinds and structural headwinds. The earnings story is uniformly strong: Liberty Mutual's Q1 profit doubled to $2.05 billion on lower cat losses and disciplined underwriting, Root posted its best quarter ever, HCI Group reported $85M in profit, and Scor delivered a sub-80% combined ratio. But these results land against an…