Andrew Anderson

“The agency auto Robinson quote volume seems relatively strong, but conversion and PIF are a bit lighter there. Could you talk about where customers are falling out of the funnel and how much of that reflects the total household proposition versus maybe just the competitiveness of the auto quote itself?”

“With the combined ratio running in the low 90s year-to-date, how do you think about the durability of that level of profitability as certain markets soften, and where do you see the biggest offsets from some of the good underwriting actions and portfolio mix that have been helping recent results?”

“It sounds like cyber rate declines had moderated a little bit. But has risk-adjusted pricing reached a floor there, or is the growth and the rate change difference more account mix and exposure rather than an improved market?”

“You had described the favorable, some short-term emergence as significant, but you only released a small portion there. What prevents you from recognizing more of that favorability today?”

“You had cited some investment in European wholesale capabilities as a margin headwind. Could you just talk about what you're investing in there, kind of what growth opportunities you're investing behind, and when that could contribute to specialty organic growth and margins?”