Content from Russ Banham
Russ Banham, a Pulitzer-nominated journalist and best-selling author, is a longtime contributor to Carrier Management
Underwriting for the Modern Age
Back in the 17th century of Lloyd's coffeehouse, a ship set sail for the New World with insurance policies covering the hull and cargo. The task of the underwriters was to evaluate the risk of damage ...
The New Venture Capitalists: Insurance Companies
Property and casualty insurers are rich as Croesus, awash in capital and having a tough time figuring out where to put it. They can certainly invest (and largely do) in the equity and bond markets, ...
The Next Frontier of Alternative Capital
The alternative reinsurance market is on steroids, bulking up to represent an estimated 12 percent of the global reinsurance market, according to estimates from Aon Benfield. This may seem like a ...
Industry Consolidation: Too Fast for Some
There are many reasonable and compelling factors driving the ongoing consolidation of the property/casualty insurance industry, from a sheer overabundance of capital to an overwhelming need to reduce ...
Price Optimization or Price Discrimination? Regulators Weigh In
Insurers' growing use of predictive data analytics is predicated on enhancing operational efficiency, improving decision-making and offering more detailed pricing of products. It's that last practice ...
Are New Leaders Needed to Guide Insurers Ahead?
Insurance is a business as old as business itself, expertly greasing the wheels of commerce by absorbing risks that would otherwise slow down the engines of growth. Insurance companies have long sold ...
Putting Out the Fire at Fireman’s Fund
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2014. Five CEOs in seven years, a revolving door of senior leadership that is making rating agencies and the entire insurance industry ...