Viewpoints
Insurer Challenges In ‘Adapting’ To The Climate Change Resilience Gap
The frequency and severity of natural catastrophe impacts to built assets are increasing. Governments and their taxpayers are taking increasing shares of disaster relief from such events, creating an ...
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 ...
Casualty ILS: The Time Has Come
The accelerating convergence of insurance and reinsurance with capital markets and the resulting effect on the traditional insurance and reinsurance business model have topped the insurance news ...
Old-Fashioned Regulators Miss What’s New in Finance
Is the financial system any safer now than in 2008? There's been some progress but less than you might think. I argued last week that regulators should put in place much tougher bank capital ...
Full Disclosure: Climate Change May Prove Risky For Insurers
Insurance companies are in a tricky position when it comes to the issue of climate change. On the one hand, virtually all of them insure policyholders facing the risk of a climate change liability ...
Master Limited Partnerships: Energized Investment Income For Insurance Companies
Master Limited Partnerships (MLPs) are an attractive way for property/casualty insurance companies to participate in the strong fundamental trends occurring in the U.S. energy sector. A majority of ...
The Curious Case Of Bad Math & Why It Does Not Matter
I have recently been reminded of some of the nonsensical insurance idiosyncrasies that veterans of the industry take for granted. Several of these involve math—and bad math in particular. 1. ...