Posts Tagged ‘capital’



November 13th, 2018

A Math Formula May Offer a Solution to Insurers’ Critical Challenges

Posted at 1:00 AM ET

Guy Carpenter has developed a methodology that applies a mathematical formula to provide insurers and reinsurers with a unified, practical framework for risk pricing and capital allocation.

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October 29th, 2018

Closing the Gap: Insurance Penetration and Public Sector Risk Financing in Asia Pacific - GC@SIRC Commentary

Posted at 10:00 PM ET

michael-schwarz_resizedMichael Schwarz, Head of Public Sector, Asia Pacific

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  • Our industry should be a critical contributor to increasing community resilience against volatility and shocks to their environments
  • Public-private risk-transfer partnerships offer a huge opportunity for the insurance industry to grow. However, one size does not fit all. In addition to technical expertise, specific knowledge and understanding of client needs are essential
  • Recent functional risk transfer mechanisms are using data, analytics and modeling to spur change in the landscape around flood, droughts and other perils

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October 29th, 2018

As Insurance Market Cycle Evolves, Carriers Must Review Underwriting Strategies

Posted at 8:00 AM ET

Guy Carpenter has completed its annual review of property & casualty (P&C) results and found that insurers’ operating environment today is very different than just a few short years ago.

Formerly stable lines produced significant volatility in 2017, while others that often struggle to produce underwriting returns enjoyed multi-decade highs in profitability. And the familiar underwriting cycle has decoupled materially across long-tail casualty lines, with profitability, growth and reserve development moving in widely different directions by line and segment. These are just a few of the findings reported in the company’s 2018 Risk Benchmarks Research Report, which focuses on the risk and performance of US P&C insurers. Continue reading…

October 24th, 2018

Accounting Changes Impacting the Reinsurance Landscape - GC@BB Commentary

Posted at 9:00 AM ET

achtert_blende11_s hettinger_cropped3lightfoot_david_300x300Frank Achtert, Head of Capital Optimization, EMEA; Tom Hettinger, Strategic Advisory Leader, U.S./Canada; David Lightfoot, Head of Global Strategic Advisory – Asia Pacific and Latin America

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  • With IFRS 17, reinsurance for managing capital KPIs needs to be different in type/scale
  • Users of internal capital models must ensure flexibility of underlying simulation platform
  • Accounting for reinsurance contracts separate from underlying contracts

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October 24th, 2018

A Strategy for Market Volatility: Portfolio Optimization - GC@BB Commentary

Posted at 1:00 AM ET

dhru_jay_1day_matthew_biosnyder_jack_bioJay Dhru, Global Head of Business Intelligence; Matthew Day, Managing Director; Jack Snyder, Managing Director, Ratings Advisory

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  • Rising loss costs and expenses consume an ever larger portion of reserves
  • Optimized portfolio construction as vital as upfront underwriting of a risk
  • Excess capacity is pressuring insurers’ underwriting profitability

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October 23rd, 2018

Closing the Gap: Public Sector Risk Financing Solutions Increase Community Resiliency - GC@BB Commentary

Posted at 1:00 AM ET

clark_jonathan-headshotJonathan Clark, Head of Public Sector Specialty, U.S.

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  • Only 33 percent of economic disasters are alleviated through (re)insurance
  • Recent functional risk transfer mechanisms use advances in data, analytics and modeling
  • Guy Carpenter and GC Securities* are working with over 100 public entities around the globe

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October 22nd, 2018

A Strategic Approach to Profitable Growth - GC@BB Commentary

Posted at 1:00 AM ET

priebe_david_croppedDavid Priebe, Vice Chairman

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  • Availability of rich data sets and analytic solutions enables evaluation of opportunities
  • Companies seeking growth must evaluate their existing distribution channels
  • Drones and self-driving cars present challenges for (re)insurers

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September 11th, 2018

Accounting Changes Impacting the Reinsurance Landscape - GC@MC Commentary

Posted at 1:00 AM ET

achtert_blende11_s hettinger_cropped3lightfoot_david_300x300Frank Achtert, Head of Capital Optimization, EMEA; Tom Hettinger, Strategic Advisory Leader, U.S./Canada; David Lightfoot, Head of Global Strategic Advisory – Asia Pacific and Latin America

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  • With IFRS 17, reinsurance for managing capital KPIs needs to be different in type/scale
  • Users of internal capital models must ensure flexibility of underlying simulation platform
  • Accounting for reinsurance contracts separate from underlying contracts Continue reading…
September 10th, 2018

Closing the Gap: Public Sector Risk Financing Solutions Increase Community Resiliency - GC@MC Commentary

Posted at 1:00 AM ET

clark_jonathan-headshotJonathan Clark, Head of Public Sector Specialty, U.S.

Contact

  • Only 33 percent of economic disasters are alleviated through (re)insurance
  • Recent functional risk transfer mechanisms use advances in data, analytics and modeling
  • Guy Carpenter and GC Securities* are working with over 100 public entities around the globe Continue reading…