Posts Tagged ‘loss reserves’



April 15th, 2014

Guy Carpenter and Oliver Wyman Publish Third Annual Insurance Risk Benchmarks Report

Posted at 1:00 AM ET

Guy Carpenter and its sister company, Oliver Wyman, the international management consulting firm, published the third annual Insurance Risk Benchmarks in September of 2013. We highlight the report here again. 

Continue reading…

February 12th, 2014

Guy Carpenter’s and Oliver Wyman’s Risk Benchmark Report

Posted at 1:00 AM ET

Guy Carpenter and its sister company, Oliver Wyman, the international management consulting firm,  published the third annual Insurance Risk Benchmarks.

Continue reading…

January 21st, 2014

Chart: Economic and Insured Losses in Advanced and Emerging Economies

Posted at 1:00 AM ET

The chart shows how small a proportion of losses were insured in both advanced and emerging markets between 2002 and 2011. Continue reading…

January 20th, 2014

Chart: Gap Between Economic and Insured Losses

Posted at 1:00 AM ET

Approximately 70 percent of global economic losses from natural catastrophes were uninsured between 1980 and 2013.
Continue reading…

October 29th, 2013

Capital Stewardship: Maximizing Value with Guy Carpenter

Posted at 1:00 AM ET

Executive teams adapting to the changing dynamics of the specialty insurance and global reinsurance markets in an environment of excess capital, growing influence of convergence participants, low investment returns and diminishing reserve releases are presented with a series of strategic dilemmas and opportunities.

Continue reading…

October 23rd, 2013

The Reserve Cycle

Posted at 1:00 AM ET

leong-jessica-bio-sep-2013Jessica Leong, Lead Casualty Specialty Actuary

Contact

In 2012 the insurance industry enjoyed more reserve releases, but many sources say that the releases of the last decade will soon run out. But when? Most insurance commentary reports on the reserve cycle but does not often attempt to explain why it exists. If we can understand the drivers of the cycle, we can do better in predicting where we are and where we are going.

Continue reading…

September 10th, 2013

Guy Carpenter and Oliver Wyman Publish Third Annual Insurance Risk Benchmarks Report

Posted at 6:00 AM ET

Guy Carpenter and its sister company, Oliver Wyman, the international management consulting firm, have published the third annual Insurance Risk Benchmarks.

Continue reading…

June 11th, 2013

Guy Carpenter’s MetaRisk® Reserve™ Awarded Patent as Breakthrough Innovation in Reserve Risk Modeling

Posted at 11:00 PM ET

Guy Carpenter & Company has been awarded a patent for MetaRisk Reserve by the U.S. Patent Office for creating a unique and easy-to-use predictive model for the analysis of reserve risk.

Continue reading…

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…