External Perspective
Opinion: The Reinsurance Market Needs More Distribution, Not Less
It is a well-known axiom that for free markets to exist, access must be unencumbered. The more players there are, the more efficient a market will be. Unfortunately for those of us in the reinsurance ...
Hedging Systemic Risk in Casualty Reserves with Insurance-Linked Securities
Insurance-linked securities are often used to hedge an insurer's exposure to catastrophic property losses, but the casualty insurance market is just beginning to recognize the potential of ILS ...
Commentary: Does FSOC Understand the Business of Insurance?
The Financial Stability Oversight Council (FSOC) designated AIG as a Systemically Important Financial Institution (SIFI) after determining that "material financial distress at AIG could pose a threat ...
Are You A Magnet For Talent?
There's a talent crisis looming. Your best assets walk out the door every night, and you need leaders to help steer and guide the company through these unprecedented times. Unless you've been asleep ...
How Insurers Can Become Top Companies For Leaders
Strong leadership is more than a competitive advantage. It is what makes companies world-class. Today, the need for effective leadership is unprecedented. Many companies say they invest in talent, ...
Gender Bias A Consequence Of SOX Financial Expert Rule?
In 2002, the federal government mandated that corporate boards of directors include at least one "audit committee financial expert" to help avert future accounting scandals. But the title and ...
Workers Compensation Market: Challenges Remain Despite Recent Improvements
The market for workers compensation insurance is in a recovery phase of the underwriting cycle after several years of poor results. In particular, premium rates continued to increase meaningfully ...
The Soft Stuff Is Often The Hardest: Change Management Critical In PAS Transformation
Over the past year, we've seen an unprecedented investment by small and midsize carriers in policy administration transformation. Carriers that experience successful PAS implementations will be well ...