Content from Susanne Sclafane
Insurer Staff Declines Greater Than Anticipated in 2015
Two-thirds of insurers surveyed say they're planning to hire more in 2016, but whether they will actually go through with those plans remains a question. In fact, 14 percent of insurers decreased ...
‘Highly Likely’ Climate Change Won’t Hurt Berkshire Insurance Ops: Buffett
Although it is "highly likely" that climate change poses "a major problem for the planet," it's less likely climate change impacts will dent the profits of Berkshire Hathaway's insurance operations, ...
Berkshire Reports 13th Straight Underwriting Profit; BH Specialty Premium Tops $1B
Insurance operations contributed $4.9 billion to total operating income of $17.4 billion for Berkshire Hathaway in 2015, with underwriting profit levels dropping and investment income rising compared ...
Understanding A.M. Best’s New Capital Model: Matthew Mosher Q&A (Part 2)
A.M. Best is overhauling the calculation of the Best's Capital Adequacy Ratio used in its assessments of insurer capital strength. In part 1 of an interview with Carrier Management, Matthew Mosher, ...
Q&A: Don’t React to Rumors on A.M. Best’s New Model, COO Mosher Says
A.M. Best is overhauling the calculation of the Best's Capital Adequacy Ratio used in its assessments of insurer capital strength, but higher resulting risk charges and correspondingly lower BCAR ...
BCAR Revisited: Understanding A.M. Best’s New Model
Carriers can toss out old playbooks that helped them map financial metrics into A.M. Best ratings, according to rating agency analysts, who are putting finishing touches on a new capital adequacy ...
Small Cyber Insurers Worry Regulators; Model Law Coming
While insurance regulators are tackling cyber-related issues at a record pace, they're focused on questions beyond whether insurers are adequately securing the personally identifiable information of ...
Reporter’s Notebook: Could Insurance Be the Economic Engine for the Internet of Things?
Fill in the blank: Advertising is to the Internet as <Blank> is to the Internet of Things. Until I attended the Property/Casualty Insurance Joint Industry Forum earlier this month, the ...