Viewpoints
New York Hedge Fund Launches Bermuda Reinsurer
Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, started a Bermuda-based reinsurer to support its investing strategy. Sandell Re will rely on the hedge fund to oversee ...
Attacking Cyber Risk: NY Regulator Mandates Warranties from Insurer Vendors
Cybersecurity is likely the most important issue that the New York Department of Financial Services (DFS) will face in 2015, and perhaps for many years to come after that, New York Financial Services ...
Berkley Scolds Insurers For Being ‘Cheap’ As Google Nips At Their Heels
With Google apparently getting into the auto insurance business, W.R. Berkley Corp's legendary CEO is taking the insurance industry to task for being "cheap" and slow to anticipate change. "We are a ...
Who Can You Trust? Execs Wary of Alternative Capital
Amping up the drumbeat on potential problems with alternative capital providers, reinsurance industry executives aired critical views about their enduring competitors recently with words like ...
Swiss Re Americas CEO: Underserved Markets Ripe for Insurance Innovation
Underserved populations and market niches are ripe with potential for insurance innovators who are willing to take on the challenge of creating opportunities in areas that may seem unprofitable at ...
Industry Disrupters Will Cut Distribution, Dispute Resolution Costs, P/C Execs Say
Property/casualty insurance industry executives peering out into the future aren't singularly focused on capital providers as potential industry disrupters in the years ahead. Brian Duperreault, ...
Underreserving, Balance Sheet Fundamentals Taking a Back Seat in Rating Agency Analyses
Loss and loss adjustment expense (L&LAE) reserving and reported income are but two components of a thorough, all-encompassing rating agency analysis of an insurer. Today, more than ever before, ...
‘Industry’ Loss Reserve Studies Not Meaningful: Demotech Analysis
Insurance literature is replete with articles, analyses, studies and discussion documents related to industry loss and loss adjustment expense (L&LAE) reserves, the impact of L&LAE reserve ...