Building · established relationshipLatest completed snapshot · Jul 14 · 18:03 ET

MARKET-DISCOVERED GROUP

Property & Casualty Insurance

THE TRADER READShared activity without a clean directional read

1 of 1 measured members are rising. Capital-flow agreement is 45%, so the basket is not yet clean.

Price breadth1 of 1 risingRelative median unavailable

Capital-flow alignment45%Price breadth is not yet confirmed by flow

Activity nowHotActivity score 80/100 · lift 1.3×

Evidence depth5 episodes19 observed active sessions

EVIDENCE CLOCK

What happened, in timestamp order

0 timed events

TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations

Price sequence unavailableA timestamped price sequence is unavailable.

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast

WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

No high-confidence shared filing driver is available. The market relationship is observed, but the cause remains unexplained.

CONFIRMATION NETWORK

Outsiders and cross-asset links

1 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

CNAMoving with group

SKWD · text peer

SIGINot confirming

UVE · text peer

KMPRNot confirming

UVE · text peer

AXSNot confirming

HG · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately

HGSKWDBOWMCYCTOUVEHCI

5/7 active1 rising · 0 falling

MemberUnusual activityToday's moveRead now

HGHamilton Insurance Group, Ltd.

Most unusual · 100/100

—

Flow confirmerActive in 21.1% of observed group sessions

SKWDSkyward Specialty Insurance Gro

Participating · 14/100

—

Flow confirmerActive in 42.1% of observed group sessions

BOWBowhead Specialty Holdings Inc.

Participating · 11/100

—

Active; unclassifiedActive in 31.6% of observed group sessions

MCYMercury General Corporation

Participating · 6/100

+2.1%

Flow confirmerActive in 42.1% of observed group sessions

CTOCTO Realty Growth, Inc.

Participating · 6/100

—

Active; unclassifiedActive in 5.3% of observed group sessions

UVEUNIVERSAL INSURANCE HOLDINGS IN

Quiet · 4/100

—

Watch / laggardActive in 26.3% of observed group sessions

HCIHCI Group, Inc.

Quiet · 3/100

—

Watch / laggardActive in 31.6% of observed group sessions

View exact member values

TICKER	Company	Role now	Today	Observed history	Trader interpretation
HG	Hamilton Insurance Group, Ltd.	Most unusual	—	21.1% of 19 sessions	Most unusual activity in this snapshot; performance direction may differ.
SKWD	Skyward Specialty Insurance Gro	Participating	—	42.1% of 19 sessions	Price participation with accumulating signed flow.
BOW	Bowhead Specialty Holdings Inc.	Participating	—	31.6% of 19 sessions	Price participation is not yet confirmed by per-name flow.
MCY	Mercury General Corporation	Participating	+2.1%	42.1% of 19 sessions	Price participation with accumulating signed flow.
CTO	CTO Realty Growth, Inc.	Participating	—	5.3% of 19 sessions	Price participation is not yet confirmed by per-name flow.
UVE	UNIVERSAL INSURANCE HOLDINGS IN	Quiet / lagging	—	26.3% of 19 sessions	Not participating yet; a breadth test or a genuine divergence.
HCI	HCI Group, Inc.	Quiet / lagging	—	31.6% of 19 sessions	Not participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome

POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

moderate structural support

5 completed episodes across 19 active sessions provide moderate historical support. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support64 daysHow often the cohort identity was observed

Completed episodes5Separate periods of broad group activity

Active sessions19Completed session observations, not trades

2026-07-07 → 2026-07-104 active sessionsNo name was active through every recorded session

2026-06-24 → 2026-07-026 active sessionsNo name was active through every recorded session

2026-05-15 → 2026-05-192 active sessions42.9% composition consistency through the episode

2026-05-06 → 2026-05-072 active sessions12.5% composition consistency through the episode

2026-04-24 → 2026-05-015 active sessionsNo name was active through every recorded session

MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS

MCY42.1% · 4 episodes

SKWD42.1% · 2 episodes

BOW31.6% · 2 episodes

HCI31.6% · 2 episodes

UVE26.3% · 2 episodes

HG21.1% · 2 episodes

CTO5.3% · 1 episode