Chris Klein, Guy Carpenter's Head of Business Intelligence, presents an illustration of the impact that higher investment returns can have on (re)insurer return on equity. A company with a 6 percent investment return is able to earn a 10 percent return on equity despite an unfavorable underwriting ratio. The situation is very different if the investment return drops by only 2 ... Continue Reading »
Videocasts
GC Videocast – US PC (Re)insurers’ Earnings Have Been Supported by Releases of Prior Year Loss Reserves: Can This Be Sustained? (Chris Klein)
Chris Klein, Guy Carpenter's Head of Business Intelligence, reviews the relationship between accident year initial loss picks and subsequent calendar year development for that accident year. Good years appear to get better and bad years appear to get worse. View all Guy Carpenter videocasts >> ... Continue Reading »
GC Videocast – (Re)insurers Pressured by Declining Yields on Fixed-Income Securities (Chris Klein)
Chris Klein, Guy Carpenter's Head of Business Intelligence, discusses the pressure that the long term decline in yields of fixed-income securities is exerting on (re)insurers. The subsidy of poor underwriting that good investment returns have provided has disappeared. View all Guy Carpenter videocasts >> ... Continue Reading »
GC Videocast – Implications of the Latest Round of Proposed Capital Requirements Around Solvency II (Chris Klein)
Chris Klein, Guy Carpenter's Head of Business Intelligence, comments on his view of the proposed new capital requirements for European insurers under Solvency II. Higher amounts of capital required are proposed along with higher quality of capital. View all Guy Carpenter videocasts >> ... Continue Reading »
New Videocast Series: The Global (Re)insurance Marketplace 2010: Guy Carpenter’s Experts
Today, GC Capital Ideas begins a series of videocasts delivered by Guy Carpenter & Company, LLC experts covering trends and developments impacting the global (re)insurance marketplace. Over the next several weeks, on a daily basis, you will be able to hear and see our thought leaders offer their views on and interpretations of a wide range of timely issues. The topic ... Continue Reading »
GC Videocast – Trends in Global Catastrophe Losses (Chris Klein)
Chris Klein, Guy Carpenter's Head of Business Intelligence, reviews trends in global catastrophe losses along with insured losses. Guy Carpenter's ten year moving average of losses ticked down in 2009 to USD36.2 billion. View all Guy Carpenter videocasts > ... Continue Reading »
GC Videocast – Dramatic Improvement in Reinsurer Earnings and Balance Sheets Following Financial Crisis (Chris Klein)
Chris Klein, Guy Carpenter's Head of Business Intelligence, reviews the dramatic change and improvement in reinsurers' fortunes following the global financial crisis. He reviews the year- end 2009 earnings results of the Guy Carpenter Bermuda Reinsurance Composite. He also reviews the primary drivers for capital decline and then growth among those reinsurers in 2008 and 2009, ... Continue Reading »
