Viewpoints
85% of Insurers Won’t Write Terror If TRIA Not Renewed: Aon
Research by Aon shows that more than 85 percent of insurers will no longer insure terror risk if the federal backstop goes away. The brokerage firm revealed the conclusion based on its "market ...
Financial Stability Board’s Report Misses the Mark: PCI Executive Perspective
In the United States, football season has just arrived. In Europe, football season has been underway since August. While both are sports and both sports are called "football," they couldn't be more ...
Five Key Traits CEOs Look For When Hiring Talent
(This article is based on a presentation made by Libby at the IICF Women in Insurance Global Conference in New York on June 13, 2013.) CEOs are often grilled in boardrooms on innumerable challenges: ...
Rating S&P’s New Method: Transparency Improved, But Execution Consistency Falls Short
In May, Standard & Poor's confirmed that it had finalized a 10-month "Request for Comment" (RfC) process around proposed changes to the rating agency's criteria for rating insurers and ...
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 ...
Saint Joseph’s University Research Shines Light on Gender Diversity in Insurance
The insurance industry has long suffered from a "brand identity" crisis on many fronts. Often accused of improper sales and marketing of our products and poor handling of policyholder claims after a ...
Warren Buffett’s Pension Fund Management Advice: Saft Column
Here is Warren Buffett's pension fund management advice in a nutshell: Be patient, buy only a few things, ignore the stock market until it becomes irrationally optimistic, at which point sell. A ...
How Companies Can Guard Against Employee Betrayal: Schneier
Ever since Edward Snowden walked out of a National Security Agency facility in May with electronic copies of thousands of classified documents, the finger-pointing has concentrated on government's ...