[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

# ![@CedarStResearch Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::752268654583001092.png) @CedarStResearch Cedar Street Research

Cedar Street Research has been discussing various stocks in the insurance industry. One of the most notable mentions is $WRB, which has seen significant buying activity, potentially driven by Japanese investors. Additionally, $ERIE has been criticized for its valuation, underwriting, and capital management, with some expressing confusion about its high price-to-earnings ratio.

### Engagements: XXX [#](/creator/twitter::752268654583001092/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::752268654583001092/c:line/m:interactions.svg)

- X Week XXXXXX -XX%
- X Month XXXXXXX +17%
- X Months XXXXXXXXX +690%

### Mentions: XX [#](/creator/twitter::752268654583001092/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::752268654583001092/c:line/m:posts_active.svg)

- X Week XXX -XX%
- X Month XXX +5%
- X Months XXXXX +249%

### Followers: XXXXX [#](/creator/twitter::752268654583001092/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::752268654583001092/c:line/m:followers.svg)

- X Week XXXXX +2.40%
- X Month XXXXX +22%
- X Months XXXXX +558%

### CreatorRank: XXXXXXXXX [#](/creator/twitter::752268654583001092/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::752268654583001092/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[finance](/list/finance)  XXXX% [stocks](/list/stocks)  XXXX% [cryptocurrencies](/list/cryptocurrencies)  XXXX% [technology brands](/list/technology-brands)  XXXX% [countries](/list/countries)  XXXX% [celebrities](/list/celebrities)  XXXX% [automotive brands](/list/automotive-brands)  XXXX% [exchanges](/list/exchanges)  XXXX%

**Social topic influence**
[$wrb](/topic/$wrb) #2, [insurance](/topic/insurance) #882, [kalshi](/topic/kalshi) #780, [$root](/topic/$root) #15, [ceo](/topic/ceo) 1.6%, [$hipo](/topic/$hipo) #1, [$aig](/topic/$aig) 1.6%, [dividend](/topic/dividend) 1.6%, [business](/topic/business) 1.6%, [$6753t](/topic/$6753t) XXXX%

**Top accounts mentioned or mentioned by**
[@veridivus124444](/creator/undefined) [@saynototrading](/creator/undefined) [@subtleinduction](/creator/undefined) [@djebitda](/creator/undefined) [@kcapital88](/creator/undefined) [@kalshi](/creator/undefined) [@elonmusk](/creator/undefined) [@mb8364324160492](/creator/undefined) [@wstvillrefugee](/creator/undefined) [@hettygreen2020](/creator/undefined) [@jaybananabread](/creator/undefined) [@dj_ebitda](/creator/undefined) [@draftkings](/creator/undefined) [@cardinalcap12](/creator/undefined) [@acipartnerhship](/creator/undefined) [@danielsethlewis](/creator/undefined) [@jasonkint](/creator/undefined) [@nicklamparelli](/creator/undefined) [@linglingfool](/creator/undefined) [@mattscottcap](/creator/undefined)

**Top assets mentioned**
[W R Berkley Corp (WRB)](/topic/$wrb) [The Root Network (ROOT)](/topic/$root) [American International Group Inc (AIG)](/topic/$aig) [CNA Financial, Corp. (CNA)](/topic/$cna) [Uber Technologies, Inc. (UBER)](/topic/$uber) [Maxcoin (MAX)](/topic/$max) [Ategrity Specialty Insurance Company Holdings (ASIC)](/topic/$asic) [Neurobro (BRO)](/topic/$bro) [Old Republic International Corporation (ORI)](/topic/$ori) [Lemonade, Inc. (LMND)](/topic/$lmnd) [Hartford Financial Services Group Inc (HIG)](/topic/$hig) [Cheeseball (CB)](/topic/$cb) [TrustVerse (TRV)](/topic/$trv) [The Official XX coin (76)](/topic/$76) [Crowdstrike Holdings Inc (CRWD)](/topic/$crwd) [Tesla, Inc. (TSLA)](/topic/$tsla) [Kemper Corporation (KMPR)](/topic/$kmpr) [Palomar Holdings, Inc. Common stock (PLMR)](/topic/$plmr) [UiPath, Inc. (PATH)](/topic/$path) [Accelerant Holdings (ARX)](/topic/$arx) [Erie Indemnity Co. (ERIE)](/topic/$erie) [Alphabet Inc Class A (GOOGL)](/topic/$goog) [EverRise (EVER)](/topic/$ever) [Everest Group, Ltd. (EG)](/topic/$eg) [Ares Protocol (ARES)](/topic/$ares) [Neenah, Inc. Common Stock (NP)](/topic/$np)
### Top Social Posts
Top posts by engagements in the last XX hours

"@SayNoToTrading That's fair hopefully something they can clear up I remember when Mitsui first announced the Berkley family came out and said they weren't selling their position down. Weird sharp sell off. 13x LTM earnings is historically cheap for $WRB hence why I bought some more today"  
[X Link](https://x.com/CedarStResearch/status/1997022387812909389)  2025-12-05T19:16Z 3041 followers, XXX engagements


"@SayNoToTrading I really make heads or tails as to why the stock traded down so hard on this news. Algo's The only slight negative is they promised they'd buy up to 15%. Took the opportunity to buy another XXX shares on the dip"  
[X Link](https://x.com/CedarStResearch/status/1997013545750614233)  2025-12-05T18:41Z 3039 followers, XXX engagements


"@SayNoToTrading I saw this in the news release "None of MSIs shares were purchased from the Berkley Family or the Company.""  
[X Link](https://x.com/CedarStResearch/status/1997015585935196380)  2025-12-05T18:49Z 3038 followers, XXX engagements


"@SayNoToTrading I think it was just open market buying"  
[X Link](https://x.com/CedarStResearch/status/1997015640906088449)  2025-12-05T18:50Z 3039 followers, XX engagements


"@Veridivus124444 @grok FYI"  
[X Link](https://x.com/CedarStResearch/status/1997059409554317684)  2025-12-05T21:44Z 3039 followers, XX engagements


"$BRO CEO stating the "speed" of the property decline was "surprising""  
[X Link](https://x.com/CedarStResearch/status/1950206122867953769)  2025-07-29T14:45Z 3038 followers, 1688 engagements


"@SubtleInduction Yeah $ORI and $WRB have been near ATH for sometime now so I actually appreciate a little reset in the price. $ORI has been crazy solid lately. Probably a flight to quality with some of the high flyer multiples getting dragged down"  
[X Link](https://x.com/CedarStResearch/status/1997060765933621759)  2025-12-05T21:49Z 3038 followers, XXX engagements


"Chasing yield / pushing leverage. Work with a lot of life insurers and many moved to Bermuda while the really big risk takers typically gravitate towards the Cayman Islands. Great article from some time ago explaining the lower capital requirements in the Cayman Islands"  
[X Link](https://x.com/CedarStResearch/status/1995343506198422003)  2025-12-01T04:05Z 3038 followers, 2476 engagements


"Profitable (yes) when including their net investment income. $CNA is a cash flow underwriting model which is why they trade at such low multiples plus the heavy inside ownership. This is their statutory underwriting profit (loss) performance (does not include net investment income and used to track if they are good or bad at underwriting/claims) right out of the regulatory reports they file. Their are known for top line growth at all costs not a good underwriting company"  
[X Link](https://x.com/CedarStResearch/status/1997046684958724420)  2025-12-05T20:53Z 3039 followers, XX engagements


"@Veridivus124444 Like I said these are not SEC financials these are their statutory financials. Whole point is ratings agency rely heavily on statutory performance so an upgrade to A+ is a little puzzling"  
[X Link](https://x.com/CedarStResearch/status/1997050947705753850)  2025-12-05T21:10Z 3038 followers, XX engagements


"@Veridivus124444 No been doing this for a long time they are different because the statutory financials dont include holding company P&L items"  
[X Link](https://x.com/CedarStResearch/status/1997052154889097542)  2025-12-05T21:15Z 3038 followers, XX engagements


"@SubtleInduction Just seems like a knee jerk reaction for no reason stock was trading at a premium for sure but it always has. This was the most telegraphed buy in the history of stocks"  
[X Link](https://x.com/CedarStResearch/status/1997052690421944587)  2025-12-05T21:17Z 3039 followers, XX engagements


"@DJ_EBITDA 8:1 seems like a low return here. I'm actually shocked it's this tight. @Kalshi is definitely more fun than @DraftKings"  
[X Link](https://x.com/CedarStResearch/status/1997060360411476318)  2025-12-05T21:47Z 3039 followers, XXX engagements


"@Veridivus124444 @DJ_EBITDA @Kalshi @DraftKings Im very tempted to put money on him for a Andy Ruiz type scenario"  
[X Link](https://x.com/CedarStResearch/status/1997078613670482107)  2025-12-05T23:00Z 3039 followers, XX engagements


"@DJ_EBITDA @Veridivus124444 @Kalshi @DraftKings I agree"  
[X Link](https://x.com/CedarStResearch/status/1997091804710146258)  2025-12-05T23:52Z 3038 followers, XX engagements


"Team @coverager strikes again $LMND $ROOT $HIPO $TRV $HIG $CB $AIG"  
[X Link](https://x.com/CedarStResearch/status/1979230704509567297)  2025-10-17T16:59Z 3035 followers, 1461 engagements


"Interesting that when a stock is near its all time high such as $WRB the market would rather see buybacks at any level even though any rationale investor would much rather buy it at a floor than the ceiling. The Berkeleys are sharp operators and seem to have a lot of excess capital to pay a special dividend in lieu of a repurchase at an ATH. As a long-term shareholder I agree. Very solid Q3 print with a boost from duration extension from 2.8yrs to 2.9yrs something Ive harped on for awhile with commercial carriers anticipating Fed rate cuts. New money yields 5%. Mitsui still lurking in the"  
[X Link](https://x.com/CedarStResearch/status/1980609726363677018)  2025-10-21T12:18Z 3035 followers, 1637 engagements


"This is a fantastic interview with the CEO of $HIPO. My favorite quote this is not a winner takes all business"  
[X Link](https://x.com/CedarStResearch/status/1982102699727552899)  2025-10-25T15:11Z 3035 followers, 2914 engagements


"$HIPO grew the top line +30% flipped to profitability and is guiding their expense ratio down which will increase a lot of margin and its trading pretty cheap compared to some other names. Full disclosure I own this name / not investment advice. I think spinnaker is a hidden gem"  
[X Link](https://x.com/CedarStResearch/status/1986444849915068462)  2025-11-06T14:45Z 3035 followers, 2674 engagements


"Reminder this was a pretty accurate reflection on $ROOT pre-Q3 earnings print. Had $XX as an estimate re-rate"  
[X Link](https://x.com/CedarStResearch/status/1992676801387077698)  2025-11-23T19:29Z 3038 followers, 2372 engagements


"North American Cyber market is ultra soft in terms of a deteriorating rate environment. I think $BEZ.L was sugar coating how soft the market really is. Cyber is a weird one short tail can re-price quickly no carrier truly knows what the worst case scenario would be for the industry in terms of a cloud provider getting hacked. $CRWD had it been a hack would have made Hurricane Katrina look like light work for insurance carriers"  
[X Link](https://x.com/CedarStResearch/status/1993296857846460855)  2025-11-25T12:32Z 3036 followers, 1054 engagements


"Still strongly my opinion that @elonmusk should have $TSLA purchase $ROOT"  
[X Link](https://x.com/CedarStResearch/status/1993335386253512957)  2025-11-25T15:06Z 3038 followers, 1649 engagements


"Heads up this is a @BillAckman length thread. UBER INSURANCE RESERVES - LIKELY UNDERREPORTED $UBER insurance reserves SEC disclosures are a complete and utter joke. It's impossible to fully verify due to the lack of transparency and data (which I believe is intentional by $UBER) but I strongly feel as though $UBER insurance reserves are completely inadequate based their lack of basic disclosures they provide in their SEC filings lack of independent actuarial reviews and historical adverse development trends with James River in their prior life. I believe $UBER market cap could be as much as"  
[X Link](https://x.com/CedarStResearch/status/1993696487126045064)  2025-11-26T15:00Z 3036 followers, 49.2K engagements


"Chart by Raymond James in their $KMPR report (I think there will be a time to buy Kemper but the reserves need to flush out more and waiting on the new squad) Chart (at least for me) explains why there has been a lot of pressure on the $ROOT share price lately. No trailing growth (understand the community feels strong about the IA channel) and a high 2026 multiple basically 3x their peers. Theyre getting lumped into the non-standard auto market a bit more than some may feel is warranted and per RJ near-term headwinds including competitive pressures in the non-standard personal auto market not"  
[X Link](https://x.com/CedarStResearch/status/1995309188587688032)  2025-12-01T01:49Z 3038 followers, 1890 engagements


"Min volume but love to see $MAX Fly"  
[X Link](https://x.com/CedarStResearch/status/1996310143420489848)  2025-12-03T20:06Z 3036 followers, XXX engagements


"@jason_kint Its also super obvious which party workin votes for if you watched all the interviews he leans heavy one way"  
[X Link](https://x.com/CedarStResearch/status/1996564911384866936)  2025-12-04T12:59Z 3035 followers, 2749 engagements


"$SKWD is a conundrum to say the least. Stocks trading around $XX a share and Citizens analyst just increased their target share price to $XX. I struggle with how they got to $XX in all honesty. Its an interesting one they are in a lot of tough products 2x BVPS abnormal underwriting leverage (NWP/Surplus) have to circle back on their RBC ratios but would assume they are below average growing PMI like a weed will help build surplus faster permitted credit quality doesnt deteriorate and EPS as well due to the low loss ratios in that sector Apollo deal still has to hit TBV sometime next year"  
[X Link](https://x.com/CedarStResearch/status/1996588693721686036)  2025-12-04T14:33Z 3036 followers, 1213 engagements


"Yeah I think it will re-rate higher next year my guess is $XX - $XX. Andrew Robinson should buy some shares back personally. Carriers that have excess capital for stock repurchase / dividends in soft markets tend to outperform. I think these guys have a small $50m repurchase approval and no dividend so you could see some multiple compression following the re-rate higher going into a softer cycle in 2027 is all I was trying to get at. Again long now but on my radar as a carrier that will re-rate harder down IMO further into that cycle"  
[X Link](https://x.com/CedarStResearch/status/1996590859924443140)  2025-12-04T14:42Z 3035 followers, XX engagements


"Fun day wrapping up my $PLMR report when two of your picks $PATH +18% and $ARX +6% on the day but up +16% in less than a month. Both having fantastic days when the S&P / NASDAQ are flat on the day"  
[X Link](https://x.com/CedarStResearch/status/1996608192499875928)  2025-12-04T15:51Z 3035 followers, XXX engagements


"@linglingfool You caught it on $ASIC so I knew to look this time lol"  
[X Link](https://x.com/CedarStResearch/status/1996650635736109166)  2025-12-04T18:39Z 3036 followers, XX engagements


"I love being knowledgeable (some might call it on the spectrum) in a space that is dreadfully boring to investors (insurance) and one that no one cares about. It helps create alpha type opportunities though. The Florida CAT trade was a moment in time. a good moment. $ERIE is a blessing of a short. $SKWD and $BOW make fun trades L/S loved when they had a higher PE than $GOOG what $AIG is structurally very cheap. $HIPO and $ASIC deserve a deep dive. $SPNT has had a run - bought in at $XX like X months ago $MAX $ARX $PLMR all have a lot of upside and are not standard P&C (Boring defensive names)"  
[X Link](https://x.com/CedarStResearch/status/1996726747677532256)  2025-12-04T23:42Z 3036 followers, 1652 engagements


"@wstvillrefugee @jason_kint Karp yes I was actually talking about Sorkin. Hes very far to the left"  
[X Link](https://x.com/CedarStResearch/status/1996732217129947617)  2025-12-05T00:03Z 3035 followers, XX engagements


"@wstvillrefugee @jason_kint Him and Bessent went at it. I could care less Im a WSJ FT guy The NY Times doesnt interest me at all. X actually probably has some of the best insights that are just moving faster than Id ever see from a news paper"  
[X Link](https://x.com/CedarStResearch/status/1996733366801256861)  2025-12-05T00:08Z 3036 followers, XX engagements


"@wstvillrefugee @jason_kint X is kinda crazy in terms of early alpha. What Ive learned just be nice to everyone it comes back full circle"  
[X Link](https://x.com/CedarStResearch/status/1996737413717111137)  2025-12-05T00:24Z 3035 followers, XX engagements


"@NavigatorSaint @Veridivus124444 $EVER and $MAX are equal weights but very different business models but I like $MAX setup more but both are a very similar cyclical plays"  
[X Link](https://x.com/CedarStResearch/status/1996764022943911945)  2025-12-05T02:10Z 3035 followers, XX engagements


"$AIG probably warrants a deeper dive but they have a very large $7.5B stock repurchase plan just acquired a large % of convex (I think they are going to ramp that reinsurance arm up) and bought Everest renewal rights deal which is $2B in premium. I think Zaffino is going to grow the crap out of the top line. He cleaned up the balance sheet a few years ago (bought a large LPT) and sold off Corebridge and their Travel insurer its a really different company today truly just a P&C operation now. Trades right at book and forward multiple is 10x"  
[X Link](https://x.com/CedarStResearch/status/1996945177890402551)  2025-12-05T14:10Z 3038 followers, XXX engagements


"It's hard to look at the past and use it as a litmus test for the near term growth / earnings outlook since they did so much to the company the past few years. Sold Fortitude Re Sold Corebridge Sold Travel Insurer Purchased LPT's. Growth I think will be obvious over the next few quarters i.e. Convex / Everest. Zaffino is booking loss picks sub XX and their average yield is still high in the fixed income portfolio so yeah I think a 10-15% ROE over the next 1/2yrs is pretty attainable"  
[X Link](https://x.com/CedarStResearch/status/1996966129638531098)  2025-12-05T15:33Z 3035 followers, XX engagements


"@DJ_EBITDA @Kalshi @DraftKings Yeah I'm an odd duck I love Soccer Boxing Tennis and College Basketball"  
[X Link](https://x.com/CedarStResearch/status/1997062720420717006)  2025-12-05T21:57Z 3035 followers, XX engagements


"@TyRobben Your time my credit card 🍻"  
[X Link](https://x.com/CedarStResearch/status/1997113525420822949)  2025-12-06T01:19Z 3036 followers, XX engagements


"What's everyone think of the reshuffling at $EG New legacy guy and CFO Admittedly I wish they brought in a new CEO from the outside"  
[X Link](https://x.com/CedarStResearch/status/1991905329664196960)  2025-11-21T16:23Z 3042 followers, XXX engagements


"And this is why I love the Berkley family and something I highlighted in my report I did awhile ago. $WRB declares a $XXXX special dividend and increased the quarterly dividend by +12.5%. Bought another XXX shares early today nice"  
[X Link](https://x.com/CedarStResearch/status/1997038260909138294)  2025-12-05T20:19Z 3041 followers, 1741 engagements


"Why is $ARES using life insurance assets to buy up some of their affiliated secondary funds"  
[X Link](https://x.com/CedarStResearch/status/1983575646367277461)  2025-10-29T16:44Z 3041 followers, 1773 engagements


"Neptune Flood Insurance (MGA) $NP with a solid print. Definitely benefited from the government shutdown last Q which impacted the NFIPs ability to write business. $NP Revenue / written premium +30% and Adj EBITDA flat at 60%. LTM Adj EBITDA is $88.4m against a market cap at close of $3.7B for an eye watering 39x multiple. Theres some new incumbents in this space one is Titan Flood which was literally created by a former Neptune co-founder as well as a handful of others. I think the growth story is fantastic here and what they did to improve a broken insurance product is fantastic. That being"  
[X Link](https://x.com/CedarStResearch/status/1988831164463796510)  2025-11-13T04:47Z 3041 followers, 1065 engagements


"Still hanging on to $ASIC. Growing profitable and cheap. 9.8x 2026 PE Ratio well below peers. Tons of regional distribution still untapped and product suite still limited"  
[X Link](https://x.com/CedarStResearch/status/1992941762512638309)  2025-11-24T13:01Z 3041 followers, XXX engagements


"Folks probably forget that $UBER had a $1.2B insurance related collateral call by James River in 2019. $UBER then got dropped by James River they handed the reserves back (shoved it in a Captive) and $UBER grew the top line by 4x and just self-insured it all going forward the $1.2B was just the collateral call the reserves were off by significantly more than that so when you 4x reserves that were off by nearly $2B in 2019 its no unreasonable to suggest they could be off by $8B today in the mid range of the 6-12 we highlighted in the sensitivity test"  
[X Link](https://x.com/CedarStResearch/status/1994406376974541238)  2025-11-28T14:01Z 3041 followers, 116.3K engagements


"The sushi trade lives on $WRB"  
[X Link](https://x.com/CedarStResearch/status/1996936832550838419)  2025-12-05T13:36Z 3041 followers, 2208 engagements


"Non-investing related. USMNT couldn't ask for an easier group stage for next years world cup. Seems like a quarter final appearance is inevitable. Let's see how they muck it up. "The United States will face Paraguay Australia and the winner of a UEFA playoff featuring Trkiye Romania Slovakia and Kosovo after a relatively favorable group stage draw for the co-hosts of the 2026 World Cup.""  
[X Link](https://x.com/CedarStResearch/status/1997032097106538708)  2025-12-05T19:55Z 3041 followers, 1197 engagements


"$CNA historical statutory underwriting performance. ($22.5B) in underwriting losses from 2003 to YTD 2025. Is AM Best smoking crack"  
[X Link](https://x.com/CedarStResearch/status/1997044174147969445)  2025-12-05T20:43Z 3041 followers, XXX engagements