Verisk Analytics, Inc. (VRSK) Presents at U.S. All Stars Conference Transcript

Verisk Analytics, Inc. ( VRSK ) U.S. All Stars Conference September 23, 2026 6:00 AM EDT

Alexander EM Hess JPMorgan Chase & Co, Research Division So I want to start with the Verisk's performance historically in hard markets for insurance versus soft markets. It's about 20%, 25% of your revenues have some linkage to some element of net written premium growth, and you've historically averaged about on an OCC organic constant currency basis, about 6.8% growth in soft markets and 7.3% top line growth in hard markets. Help us understand, as you see the P&C market presently, it's been softening. Will the next move be towards continued softening, will be de firming? And what impact does that have for Verisk?

Elizabeth Mann Executive VP & CFO Yes. Thanks for the question, Alex. So -- this goes back to, Verisk was founded as a consortium of the