Posts Tagged ‘John Tedeschi’



December 22nd, 2016

Public Sector Risk Financing Perspectives in the United States: The Market for Mortgage Credit Risk (Re)Insurance: Part II

Posted at 1:00 AM ET

krohn_jeff_photo_crop-sm1tedeschi_john_photo_sm21Jeff Krohn, Managing Director and John Tedeschi, Managing Director

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(Re)insurance markets sold close to USD 8 billion of government sponsored entities (GSEs) mortgage credit risk transfer from 2013 to 2016 year-to-date, with significantly more planned on a consistent basis. A robust global credit risk transfer market is now in full-effect; recent transactions include the Credit Insurance Risk Transfer and Agency Credit Insurance Structure (re)insurance purchased by Fannie Mae and Freddie Mac, and capital bond issuances from Fannie Mae’s Connecticut Avenue Securities and Freddie Mac’s Structured Agency Credit Risk.

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December 21st, 2016

Public Sector Risk Financing Perspectives in the United States: The Market for Mortgage Credit Risk (Re)Insurance: Part I

Posted at 1:00 AM ET

krohn_jeff_photo_crop-smtedeschi_john_photo_sm2Jeff Krohn, Managing Director and John Tedeschi, Managing Director

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The global financial crisis of 2008 exposed the US mortgage industry, taxpayers and the global capital markets to the full loss potential of residential mortgage credit risk. A total shakeup of the US housing sector was the result: a return to prudent underwriting criteria; market standardization in product; Private Mortgage Insurer Eligibility Requirements (PMIERs); and a Federal Housing Finance Agency (FHFA) directive that mandates government sponsored entities (GSEs) Fannie Mae and Freddie Mac to begin transferring credit risk on the hundreds of billions of dollars of US mortgages issued each year.

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October 29th, 2012

Guy Carpenter Launches GC ProfitPoint+(SM)

Posted at 7:00 AM ET

Guy Carpenter announced the release of GC ProfitPoint+ (1), an integrated portfolio management solution designed to help insurance companies improve profitability, enhance underwriting performance and drive growth.

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April 26th, 2012

Spatial and Temporal Earthquake Clustering – Earthquake Aftershocks, EQECAT Perspective: Forecast Models

Posted at 1:00 AM ET

Earthquake Forecast Models

Earthquake sequences appear to be globally continuous over time. This suggests that seismic sources or faults may be part of a critically-stressed, self-organized network where earthquakes occur as a chain reaction with respect to one another. Earthquakes trigger other earthquakes as stresses move around in the fault network.

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April 25th, 2012

Spatial and Temporal Earthquake Clustering – Earthquake Aftershocks, EQECAT Perspective: Probabilistic Hazard Analysis

Posted at 1:00 AM ET

Probabilistic Earthquake Hazard Analysis and Aftershocks

The purpose of probabilistic seismic hazard analysis (PSHA) is to quantify the rate (or probability) of exceeding various ground-motion levels at a site or sites, given all possible earthquakes. PSHA involves the following three steps:

  • Characterization of the seismic-hazard source model(s)
  • Specification of the ground motion model(s) or attenuation relationship(s)
  • Probabilistic calculation

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April 24th, 2012

Spatial and Temporal Earthquake Clustering - Earthquake Aftershocks: EQECAT Perspective: Introduction

Posted at 1:00 AM ET

EQECAT recently released a white paper examining earthquake clustering in the context of seismic hazard and loss assessment (1). The paper, Spatial and Temporal Earthquake Clustering: Part 2 - Earthquake Aftershocks, is EQECAT’s second in a three-part series about spatial and temporal earthquake clustering. This briefing presents a summary of the paper for general interest and should not be viewed as an endorsement of EQECAT’s views.

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March 26th, 2012

Guy Carpenter & Company and Dowling & Partners Forum: Current Trends in the Global Reinsurance Market

Posted at 1:16 AM ET

dowlingeventGuy Carpenter, in conjunction with Dowling & Partners, hosted a seminar for clients in New York on March 26, 2012. The seminar, “Current Trends in the Global Reinsurance Market,” offered presentations and follow-up discussions with Guy Carpenter specialists and V.J. Dowling, Managing Partner of Dowling & Partners.

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October 25th, 2011

Predictive Modeling Where You Need It Most

Posted at 1:00 AM ET

tedeschi_john_gcciJohn Tedeschi, Head of GC Analytics® - Americas
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Taming the “long tail” beast has never been easy, and reinsurance intermediaries - including Guy Carpenter - have long focused on helping cedents quantify these risks. For events that happen only infrequently but come with severe financial consequences, planning, mitigation and measurement of outcomes can be notoriously difficult.

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September 14th, 2011

The Power of Predictive Modeling

Posted at 1:00 AM ET

tedeschi_john_gcciJohn Tedeschi, Head of GC Analytics - Americas
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Reinsurance intermediaries - including Guy Carpenter - have long focused on helping their clients quantify catastrophe and other “long tail” risks (in other words, events that have very low frequency yet very high financial impact). But the bulk of companies’ overall risk exposure - high-frequency, low-impact events that represent 50 percent to 60 percent of premium income - is an area where intermediaries have been able to provide limited tools and advice.

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