Posts Tagged ‘loss reserves’



May 7th, 2013

Chart: Global Natural Catastrophe Losses

Posted at 1:00 AM ET

The extent of rising insured losses from global natural catastrophes over the last 40 years is illustrated below. 

Continue reading…

April 24th, 2013

Chart: Natural Catastrophe Insured Losses by Region

Posted at 1:00 AM ET

Thirty-five percent of insured natural catastrophe losses between 2009 and 2011 were located in Asia while only 33 percent were in the United States. Australia and New Zealand also saw a marked increase in natural catastrophe insured losses during this period, with 19 percent of the total. This is in stark contrast to the long-term trend of more than three-quarters of all insured natural catastrophe losses occurring in the United States.

Continue reading…

March 26th, 2013

Chart Room: Reserve Cycle, General Liability Claims Made and Products Liability Claims Made

Posted at 1:00 AM ET

The lines have begun to show deteriorating results in the most recent accident years. 

Continue reading…

February 28th, 2013

Assessing Future Reserve Development

Posted at 1:00 AM ET

leong_jessica_gcciJessica Leong, Lead Casualty Specialty Actuary
Contact

By extrapolating reserving trends, it may be possible to assess the sector’s reserve adequacy. Two cyclical patterns are clear.

  • The cycle turned on an accident year basis in 2004. Industry-wide accident year deterioration now appears imminent.
  • Guy Carpenter’s view of the cycle shows that over the last 30 years, accident years that begin to show deteriorating results continue to deteriorate.

Continue reading…

February 20th, 2013

Guy Carpenter Launches MetaRisk® 7.1

Posted at 6:00 AM ET

Guy Carpenter today announced the release of MetaRisk® 7.1, the latest version of the firm’s premier risk and capital management decision making tool. The platform offers access to a variety of new features and enhancements that will improve usability, increase overall functionality and enable the development of more accurate and efficient risk and capital models.

Continue reading…

January 23rd, 2013

Chart: Global Significant Insured Losses, 2011 to Q4 2012

Posted at 1:00 AM ET

2012 insured losses in aggregate were “normal.”

Continue reading…

November 27th, 2012

How Guy Carpenter Can Help: Catastrophe Risks in Developing Economies

Posted at 1:00 AM ET

David Flandro, Global Head of Business Intelligence, Julian Alovisi, Assistant Vice President and Lucy Dalimonte, Senior Vice President
Contact

Guy Carpenter is uniquely positioned to help clients successfully grow their business in emerging markets. Our GC Global Analytics and Advisory team offers services and solutions that include industry-leading risk analytics, strategic and technical advice and capital advisory. We employ over 300 modeling, actuarial and advisory professionals through our GC Analytics®**, Global Advisory and GC Securities* teams who closely collaborate with Guy Carpenter’s global broking force to deliver the best insights and growth opportunities to our clients. We encourage you to contact your Guy Carpenter representative to review and discuss your modeling, advisory and capital needs in more detail. Among the specific services and tools we utilize and offer are proprietary modeling, the i-aXs® data management platform, MetaRisk®, portfolio management, predictive analytics, advisory services and actuarial expertise.

Continue reading…

November 15th, 2012

Guy Carpenter Publishes Second Annual Insurance Risk Benchmarks Report

Posted at 1:00 AM ET

Guy Carpenter has published its second annual Insurance Risk Benchmarks, a resource designed to help insurers assess risk parameters and improve economic capital modeling. The report provides benchmarks for underwriting and reserve risk by line of business and by industry segment for U.S. exposures, and can be used by insurers when benchmarking their economic capital models.

Continue reading…

October 18th, 2012

Maximizing Value with Guy Carpenter

Posted at 4:33 PM ET

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.

Continue reading…

October 16th, 2012

Assessing Future Reserve Development

Posted at 9:01 AM ET

leong_jessica_gcci3Jessica Leong, Lead Casualty Specialty Actuary
Contact

By extrapolating reserving trends, it may be possible to assess the sector’s reserve adequacy. Two cyclical patterns are clear.

  Continue reading…