Chart: Combined Ratio For Guy Carpenter Reinsurance Composite, First Half, 2016: Chart presents combined ratio for the Guy Carpenter Global Reinsurance Composite, 2005 through first half, 2016.
Chart: Return On Premiums For Guy Carpenter Reinsurance Composite, First Half, 2016: Chart presents return on premiums for the Guy Carpenter Global Reinsurance Composite, 2005 through first half, 2016.
Risk Profile, Appetite, and Tolerance: Fundamental Concepts in Risk Management and Reinsurance Effectiveness: Prior to the recent turbulence in the financial markets, insurers and reinsurers were increasing their use of enterprise risk management (ERM) to make risk and capital management decisions. While this was driven in part by rating agencies and regulators, many carriers began to recognize the value of metric-based frameworks and capital models in evaluating their portfolios.
Chart: Regional Property Catastrophe ROL Index, 1990 to 2016: The chart shows the indexes for United States, United Kingdom, Asia Pacific and Europe.
The Insurance Of Things & Industry 4.0 - A Matrix View: Technological progress and the accumulation of assets have not only stimulated the development of insurance products; they have in turn been nurtured by the availability of these offerings.
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“Visual Intelligence” Critical To Advancing Response Capabilities Globally: Advances in the development of “visual intelligence” based on multiple data sources including satellite imagery and drone footage have the potential to significantly enhance claims and CAT response processes and underwriting decision making when companies harness that potential effectively, according to Dr. Beverley Adams, Head of CPR (Catastrophe Planning & Response) at Guy Carpenter.