The three key risks outlined in Guy Carpenter’s report: Overcoming Key Risks on the Road to Profitable Growth, Mid-Year Market Overview help explain the persistent low valuations experienced by many companies in the sector. It is apparent that nearly all P&C carriers are affected directly by at least one of these risks. In Guy Carpenter’s role as trusted strategic advisor, there are many opportunities to assist clients in addressing these issues.
Capital management, reserve risk mitigation and optimal catastrophe reinsurance cover are all vital ingredients in achieving profitable growth and superior enterprise risk management. Profitable underwriting opportunities can be identified through the use of predictive analytics even when growth is slowing. Optimal capital deployment can be achieved with the help of structured solutions while adverse development cover can mitigate emerging reserve deficiencies.
Guy Carpenter has dedicated extensive resources to understanding these risks, and it is our objective to assist clients in overcoming the current challenges by deploying best-in-class risk management tools, reinsurance placement and strategic advisory services. In doing so, it is our ambition to enable our clients to enhance enterprise value and achieve profitable growth.