Sign in

    Siddharth Shah

    Research Analyst at Morgan Stanley

    Siddharth Shah is an analyst at Morgan Stanley, specializing in financial sector research and equities analysis, with an emphasis on advising institutional investors. His coverage typically centers on leading financial services firms and investment banks, where he provides in-depth company-specific insights and actionable recommendations. With a solid background in investment research and quantitative modeling, Shah has maintained strong accuracy metrics in his published ratings, and is recognized for his rigorous analytical methods and reliable performance assessments. Having started his career at a major Wall Street institution before joining Morgan Stanley, his credentials include current FINRA registration and multiple securities licenses, underscoring his industry expertise and commitment to professional standards.

    Siddharth Shah's questions to Bowhead Specialty Holdings (BOW) leadership

    Siddharth Shah's questions to Bowhead Specialty Holdings (BOW) leadership • Q2 2025

    Question

    Siddharth Shah of Morgan Stanley asked about the expected run-rate for the expense ratio going forward and which of the three craft segments offers the strongest growth opportunities over the next year.

    Answer

    CFO Brad Mulcahey indicated the expense ratio is on a downward glide path and approaching the 30% mark, despite headwinds from an increased fee to American Family. CEO Stephen Sills added he is confident it will achieve a run-rate below 30% in the next quarter. For growth, Sills identified the casualty business as the largest opportunity in absolute dollars, while Baleen offers the highest percentage growth from its small base.

    Ask Fintool Equity Research AI