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Verisk to Announce Fiscal First-Quarter 2025 Results on May 7, 2025
Newsfilter· 2025-04-16 13:00
Core Viewpoint - Verisk is set to report its financial results for the fiscal first quarter ended March 31, 2025, on May 7, 2025, before market opening [1] Group 1: Financial Reporting - The financial results will be available on the Verisk investor website [1] - A live audio webcast will be hosted by Verisk's management team on May 7 at 8:30 a.m. ET to discuss the results and business highlights [2] - A replay of the webcast will be accessible for 30 days on the investor website [3] Group 2: Company Overview - Verisk is a leading strategic data analytics and technology partner to the global insurance industry [4] - The company focuses on enhancing operating efficiency, improving underwriting and claims outcomes, combating fraud, and making informed decisions regarding global risks [4] - Verisk operates in over 20 countries and is recognized for fostering an inclusive culture [4]
Verisk (VRSK) Soars 4.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 15:40
Verisk Analytics (VRSK) shares rallied 4.4% in the last trading session to close at $289.34. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.7% loss over the past four weeks.The stock has recorded this price rise as the company gained from its go-to-market approach, strong client relationships and strong free cash flow generation, allowing it to invest in existing and new solutions.This insurance data provi ...
U.S. Roof Claims Costs Reached Over $30 Billion In 2024, Underscoring Evolving Risks
GlobeNewswire· 2025-04-08 12:15
Verisk report reveals challenges and trends in roof repair and replacement costs based on peril exposure, shape and building materialsJERSEY CITY, N.J., April 08, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today released its U.S. Roofing Realities Trend Report, which identifies trends and challenges in roof conditions. These are supported by insights from Verisk’s personal property solutions, which are used by many of the top P&C insurance carrie ...
Cygnus Marketing Communications and Verisk Marketing Solutions Announce Strategic Alliance to Revolutionize Enrollment Management
Newsfilter· 2025-04-03 14:05
CONSHOHOCKEN, Pa., April 03, 2025 (GLOBE NEWSWIRE) -- Cygnus Marketing Communications, a leader in performance marketing and enterprise technology solutions serving the higher education vertical, today announced its strategic alliance with Verisk Marketing Solutions (VMS), a business of the leading global data analytics and technology provider Verisk. This collaboration seamlessly integrates Verisk Marketing Solutions' robust, privacy-forward data offerings, including TCPA insights, identity, and attribute ...
Acquisitions Benefit Verisk Analytics Amid Liquidity Concerns
ZACKS· 2025-04-01 14:30
Verisk Analytics, Inc. (VRSK) has had an impressive run over the past year. The company's shares have surged 28.3% against the 13.1% decline of its industry and the 7.7% fall of the Zacks S&P 500 Composite. VRSK reported impressive fourth-quarter 2024 results. Both earnings and revenues surpassed the Zacks Consensus Estimate. Adjusted earnings (excluding 12 cents from non-recurring items) were $1.61 per share, surpassing the Zacks Consensus Estimate by 0.6% and growing 15% from the year-ago quarter. Total r ...
Verisk (VRSK) Up 2.3% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-03-28 16:35
It has been about a month since the last earnings report for Verisk Analytics (VRSK) . Shares have added about 2.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Verisk due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It tur ...
Verisk Analytics: Solid Growth Outlook Convinced Me To Upgrade To A Buy
Seeking Alpha· 2025-03-27 01:34
Group 1 - The previous investment stance on Verisk Analytics (NASDAQ: VRSK) was a hold rating due to a lack of confidence in justifying the premium multiple at which the company was trading [1] - The renewed view on VRSK emphasizes a focus on long-term investments while also incorporating short-term shorts to uncover alpha opportunities [1] - The investment approach is centered around bottom-up analysis, examining the fundamental strengths and weaknesses of individual companies [1] Group 2 - The investment duration is medium to long-term, aiming to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential [1]
Verisk Nominates Christopher Perry and Sabra Purtill to the Company's Board of Directors
Newsfilter· 2025-03-21 21:37
Jersey City, N.J., March 21, 2025 (GLOBE NEWSWIRE) -- Verisk, a leading global data analytics and technology provider, today announced that its Board of Directors has nominated to stand for election as directors Christopher J. Perry and Sabra R. Purtill. Perry is president of Broadridge Financial Solutions, Inc. Purtill is an experienced executive of insurance and financial services companies, and she currently serves as an advisor at American International Group, Inc.  Perry and Purtill will stand for elec ...
Verisk Nominates Christopher Perry and Sabra Purtill to the Company's Board of Directors
GlobeNewswire News Room· 2025-03-21 21:37
Jersey City, N.J., March 21, 2025 (GLOBE NEWSWIRE) -- Verisk, a leading global data analytics and technology provider, today announced that its Board of Directors has nominated to stand for election as directors Christopher J. Perry and Sabra R. Purtill. Perry is president of Broadridge Financial Solutions, Inc. Purtill is an experienced executive of insurance and financial services companies, and she currently serves as an advisor at American International Group, Inc.  Perry and Purtill will stand for elec ...
U.S. Insurance Industry Shows Signs of Resilience Despite Continued Headwinds in 2024
GlobeNewswire· 2025-03-20 14:00
Core Insights - The insurance industry is projected to have a net income of $170 billion for 2024, with an adjusted estimate of $100 billion after accounting for over $70 billion in capital gains from one insurer [1] - The underwriting gain for private U.S. property/casualty insurers reached $24.8 billion in 2024, a significant recovery from a loss of $21.8 billion in 2023, marking the first full-year underwriting gain in four years [2][5] Financial Performance - Premiums written by insurers increased to $926 billion in 2024 from $851 billion in 2023, while earned premiums grew by 9.8% to $895 billion [5][8] - The combined ratio improved to 96.4% in 2024 from 101.6% in 2023, indicating enhanced profitability [5][8] - The policyholders' surplus rose from $1,013 billion at the end of 2023 to $1,082 billion at the end of 2024 [5][8] Underwriting and Losses - Incurred losses and loss adjustment expenses increased by 1.9% in 2024, a notable decrease from the 10.1% increase in 2023 [5][8] - The second half of 2024 saw a net underwriting gain of $21.0 billion, a significant increase from $3.8 billion in the first half of the year [6] - Despite improvements, the industry continues to face challenges from natural catastrophes, with 2023 being the second worst year for catastrophic losses since 1950 [3][4] Market Dynamics - The personal auto insurance sector showed improvements due to necessary premium adjustments, while commercial auto premiums did not match the growth seen in 2023 [3] - Insurers increased loss and loss adjustment reserves at the end of 2024 to address escalating adverse developments from legal system abuse and social inflation [4] - The market is recalibrating in response to prolonged underwriting losses, necessitating a balance between pricing, risk selection, and claims management strategies [3]