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how do you tell the difference between investing in growth and poor underwriting discipline in such a young company?
by bsamuels 6y ago
how do you tell the difference between investing in growth and poor underwriting discipline in such a young company?
- gen220 6y agoIt's a good and fair question, and it's one you can answer by looking at their loss ratio trajectory. You expect to see it really high in the beginning (while they're learning how underwriting works), and to logarithmically decline over time, tending to plateau somewhere reasonable. That's what their loss ratio trajectory looks like, so far.
- deleted 6y ago[deleted]