December 30th, 2016

Week’s Top Stories: December 24 — 30, 2016

Posted at 7:30 AM ET

Chart: Source Of Earnings For Guy Carpenter Reinsurance Composite, Q3, 2016: Chart presents source of earnings for the Guy Carpenter Global Reinsurance Composite for the third quarter, 2016 compared to the third quarter, 2015.

Read the article>>


Chart: Return On Equity For Guy Carpenter Reinsurance Composite, Q3, 2016: Chart presents return on equity for the Guy Carpenter Global Reinsurance Composite, 2005 through third quarter, 2016.

Read the article>>


Public Sector Risk Financing Perspectives in the United States: National Flood Insurance Program (NFIP): In September 2016, the Federal Emergency Management Agency (FEMA) took the historic step of purchasing reinsurance for the National Flood Insurance Program (NFIP).

Read the article>>


Managing Catastrophe Model Uncertainty, Issues and Challenges: Here we repeat our series authored by John Major, which focuses on the issues and challenges in managing catastrophe model uncertainty.

Read the article>>


China Risk Oriented Solvency System (C-ROSS): The China Insurance Regulatory Commission (CIRC) is instituting sweeping changes through its three-tiered China Risk Oriented Solvency System (C-ROSS) framework that will dramatically impact how (re)insurers conduct business. It will strengthen capital requirements, risk management and transparency disclosures - bringing China in line with, and in some cases overtaking, global standards. The C-ROSS framework is similar to Solvency II: three tiers focusing on quantitative, qualitative and disclosure requirements.

Read the article>>


And, You May Have Missed…

Chart: Which Market Forces Do (Re)insurers See as the Most Disruptive?: Chart highlights the result of a survey taken of 107 insurance and reinsurance professionals conducted by Guy Carpenter at the 2016 annual meeting of the Property Casualty Insurers Association of America when asked which market forces are viewed as the most disruptive to the (re)insurance industry.

Read the article>>


Click here to register to receive e-mail updates>>


AddThis Feed Button
Bookmark and Share


Related Posts