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International Capital Standards: A Risk Management Mirage
The financial crisis spurred a wave of new regulatory proposals at the state, federal and international levels. Many of the new ideas in insurance supervision offer extremely promising ways to foster ...
Building Advanced Analytical Capabilities to Deliver Business Value
In the words of XL Catlin CEO Mike McGavick, we face "the imperative for robust use of advanced data and analytics." It's an imperative that XL Catlin has taken very seriously, for several reasons. ...
Closing the Gap: How Small and Midsized Insurers Can Leverage the Power of Big Data
The "big data" buzz that dominates so much of the P/C insurance conversation these days may not be as uniformly useful as everyone thinks. In the majority of cases, the usefulness of big data hinges ...
Innovation Lessons From the Flock
There's fowl knocking at my kitchen door; an impatient staccato, it pauses, expectant like a breath held, then resumes. They know I am in here. I know what they want. The tapping pecks away at my ...
How to Keep Top Talent After an Acquisition
Merger and acquisition activity in the P/C industry is growing—driven by declining fundamentals and an excess of cash. And negative industry factors, including increased pricing softness, modest ...
How Technology Advancements Can Help Insurers Compete
Record consumer churn, new entrants to the market and dramatic changes in consumer preferences have created urgent pressures on Property & Casualty and Life insurers. Many are frantically playing ...
The Next Frontier: Praedicat Soaring Into Liability Cat-Modeling Space
For insurers today, emerging risks are like comets were to the ancients: harbingers of doom of mysterious origin. The Romans thought the gods sent a comet to mark the passing of Julius Caesar. Today, ...
Strengthen Your Team by Building a Training-Centered Corporate Culture
As business conditions grow more challenging, many of us are tempted to set aside activities that don't overtly contribute to the bottom line. Training and development (T&D) might look like one ...