Assured Research News
Asbestos Liabilities: The New (Old) Emerging Risk
The financial challenges presented by asbestos liabilities are not fading away as most insurance professionals have long hoped. In fact, A.M. Best raised its estimate of ultimate asbestos liability ...
El Niño and Hurricanes By the Numbers: Assured Research Analysis
Forecasters are weighing in on the chances of an El Niño event developing later this year, with some assigning probabilities as high as 65 percent. But what exactly does that mean for U.S. property ...
FASB Tables Convergence Efforts; What It Means for U.S. P/C Insurers
The Financial Accounting Standards Board announced in February that it will no longer pursue a full revamp of insurance contract accounting but instead will consider only targeted improvements. For ...
Point/Counterpoint: Analysts Take Opposing Sides on Proposed Accounting Standards
Opinions vary widely among property/casualty insurance experts on the desirability of accounting standards being proposed by the Financial Accounting Standards Board and the International Accounting ...
New Insurance Accounting Standards Are Coming: It’s Time to Get Ready
If you are like most insurance executives you are probably aware that changes are coming to insurance accounting, but you're probably not exactly sure what they are or why all this is happening. The ...
Predictive Analytics: Bringing Price Elasticity Concepts to P/C Insurance
The concept of price elasticity of demand has not received enough attention in the world of property/casualty insurance. Regulatory hurdles, a tradition of cost-plus pricing and maybe even an ...
Are Traditional Insurers Ready For P2P Car-Sharing Challenges, Opportunities?
The emerging trend in sharing personal assets—sometimes referred to as "collaborative consumption" or "the sharing economy"—presents challenges and opportunities to property/casualty insurance ...
Will Berkshire’s New Specialty Group Rocket Past Ironshore With $5B In Premiums?
"Word on the street" is that Berkshire's specialty lines unit, headed up by four executives who recently left American International Group, is gearing up to write a $5 billion book of business, a ...