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Actuarial Opinions | Following the cohort.Following the cohort.
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P/C insurers posted $33.5B profit in ’12 | Actuarial Opinions
https://actuarialopinions.wordpress.com/2013/04/25/pc-insurers-posted-33-5b-profit-in-12
P/C insurers posted $33.5B profit in ’12. The ISO/PCI results are out. Net income after taxes grew to $33.5 billion in 2012 from $19.5 billion in 2011. Return on average policyholders’ surplus climbed to 5.9 percent from 3.5 percent. That’s still below the industry’s long-term average. The combined ratio improved to 103.2 percent for 2012 from 108.1 percent for 2011. (Just like I said. Sandy forced the industry to post a 110.4 in Q4, up from 103.3 in 2011. Leave a Reply Cancel reply. Next post →. Post wa...
New ERM ASOPs kick in on May 1 | Actuarial Opinions
https://actuarialopinions.wordpress.com/2013/04/23/new-erm-asops-kick-in-on-may-1
New ERM ASOPs kick in on May 1. New ERM standards for actuaries coming May 1. (ASOP’s 46 and 47, if you are keeping score.) Willis’ ERM guru, Dave Ingram, summarizes. Broadly, the standards require that actuaries keep at least one eye on the big picture context at all times when doing ERM work. The list of all ASOPs is here. With links to the new ERM standards at the bottom of the page. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Post was n...
Your best swim team | Actuarial Opinions
https://actuarialopinions.wordpress.com/2013/07/30/your-best-swim-team
Your best swim team. Bryan Burke, the guy who does NFL analytics for The New York Times, discusses how he uses an optimization routine based on genetic code to seed swimmers in a dual meet. He does a nice job of breaking down the complexity, but it’s still intricate reading. His is something you want to enjoy in its entirety. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Address never made public). Notify me of new comments via email.
2012 Combined Ratio: 103.2 | Actuarial Opinions
https://actuarialopinions.wordpress.com/2013/04/13/2012-combined-ratio-103-2
2012 Combined Ratio: 103.2. Haven’t seen the 2012 C.R. published yet, but maybe I missed it. So here’s a chart I put together:. This chart includes all the insurers that SNL Financial has captured through April 13. That means it includes mortgage insurers, which adds a couple of points in recent years. This year, eyeballing Q3 data, it looks like mortgage insurers add a couple of tenths to the industry total. One thought on “ 2012 Combined Ratio: 103.2. April 25, 2013 at 7:26 pm. Enter your comment here.
Math tricks | Actuarial Opinions
https://actuarialopinions.wordpress.com/2013/04/24/math-tricks
Today’s New York Times has the obit of arithmetic wizard Shakuntala Devi. In 1977, at Southern Methodist University in Dallas, she extracted the 23rd root of a 201-digit number in 50 seconds, beating a Univac computer, which took 62 seconds. The numbers, selected at random by a computer, were 7,686,369,774,870 and 2,465,099,745,779. The answer was 18,947,668,177,995,426,462,773,730.). To show off for Times journalists in 1977, she answered the following:. Answers below the fold. Leave a Reply Cancel reply.
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About Insurance Edge | Insurance Edge
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News, reports and opinion from the UK and Global insurance marketplaces. Insurance Edge features news, reportage and opinion on UK and global insurance industry topics, written by experienced insurance journalists. Commentators and industry professionals. To receive instant updates from Insurance Edge, enter your email address in the box on the right hand column. Subscribe to Insurance Edge. Enter your email address to subscribe to this blog and receive notifications of new posts by email.
Crawford report highlights importance of scenario planning | Insurance Edge
https://insuranceedge.co.uk/2015/06/15/crawford-report-highlights-importance-of-scenario-planning
News, reports and opinion from the UK and Global insurance marketplaces. Crawford report highlights importance of scenario planning. New report reviews emerging risk climate facing global corporates. Corporates increasingly use pre-loss planning to guarantee claims support. Six risk groups analysed from Pandemic, to Political Risk. Published in advance of the Association of Insurance and Risk Managers Conference 2015 which opens today,. Against this backdrop and picture of the current drivers of Enterpri...
Could ADR have protected Lloyd’s in battle against the Rolling Stones? | Insurance Edge
https://insuranceedge.co.uk/2014/11/20/could-adr-have-protected-lloyds-in-battle-against-the-rolling-stones
News, reports and opinion from the UK and Global insurance marketplaces. Could ADR have protected Lloyd’s in battle against the Rolling Stones? Charles Gordon, mediator and arbitrator with JAMS International, and Samantha Collins, DLA Piper. The claim between the Rolling Stones and their insurers has now been settled, but what could have been done to minimise the risk of all this adverse publicity? The band challenged the underwriters decision by issuing a $12.7 million claim in the High Court in Lon...
Asbestos lung cancer victims who smoked may see claim values reduce | Insurance Edge
https://insuranceedge.co.uk/2015/01/08/asbestos-victims-who-smoked-may-see-claim-values-reduce
News, reports and opinion from the UK and Global insurance marketplaces. Asbestos lung cancer victims who smoked may see claim values reduce. Insurers have been told they could demand up to a 10% contributory negligence bump from asbestos sufferers who were also habitual smokers, after a judge charged one claimant 30% for lighting up. According to Barbara Milne. Hollow had died of lung cancer caused by negligent exposure to asbestos,” explained Barbara. Weighing up the evidence. 8220;The judge in. Had to...
Theilgaard tells risk managers, “don’t treat climate change as a ‘Doomsday’ scenario” | Insurance Edge
https://insuranceedge.co.uk/2014/10/29/theilgaard-tells-risk-managers-dont-treat-climate-change-as-a-doomsday-scenario
News, reports and opinion from the UK and Global insurance marketplaces. Theilgaard tells risk managers, “don’t treat climate change as a ‘Doomsday’ scenario”. Jesper Theilgaard was the keynote speaker at the Federation of European Risk Management Associations (FERMA) Seminar held in in Brussels on 20 and 21 October. Theilgaard was the keynote speaker at the Federation of European Risk Management Associations (FERMA) Seminar held in in Brussels on 20 and 21 October. He said: “. Theilgaard gave the Semina...
The Claims Portal in review 2014 | Insurance Edge
https://insuranceedge.co.uk/2014/12/17/the-claims-portal-in-review-2014
News, reports and opinion from the UK and Global insurance marketplaces. The Claims Portal in review 2014. Could RTA claim notifications be set to peak in 2014? We analyse the Claims Portal’s dashboard data to crunch the numbers. Number of Claim Notification Forms Created and Sent to a Compensator. The number of claims created and sent include resubmitted claims that used the Exit process to transfer claims between organisations. 2012-2013 represents the highest watermark reached in 12 months, with 883,2...
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Should Your Company Stop Buying Health Insurance? | Business Risk Management
https://chamberinsurance.wordpress.com/2011/01/27/should-your-company-stop-buying-health-insurance
Helping businesses navigate health risk, health insurance and health care reform. Chamber Insurance Program FAQ. State Health Care Reform Lawsuit Updates. State Lawsuit Update: We’re All Tied Up 2-2 as We Head Into the Fourth Inning →. Should Your Company Stop Buying Health Insurance? January 27, 2011. Here’s a quick list of questions to ask when considering self-funding:. What specific stop-loss level would you be comfortable with? Do you have the cash flow to pay a big claim? May 6, 2013 at 5:10 am.
Independent study reflects Ombudsman concern over claims handling | Insurance Edge
https://insuranceedge.co.uk/2015/06/17/independent-study-reflects-ombudsman-concern-over-claims-handling
News, reports and opinion from the UK and Global insurance marketplaces. Independent study reflects Ombudsman concern over claims handling. By Simon Penny, head of insurance at DST. The general insurance market is more competitive than ever. Customers face a wide array of options when deciding which insurer to choose, from long-standing industry stalwarts to dynamic new challenger brands. Therefore, it’s vital that insurers are able to consistently deliver a positive experience for consumers. Effective c...
Election 2015: ABI reminds parties of industry priorities | Insurance Edge
https://insuranceedge.co.uk/2015/04/30/election-2015-abi-reminds-parties-of-industry-priorities
News, reports and opinion from the UK and Global insurance marketplaces. Election 2015: ABI reminds parties of industry priorities. Ahead of the General Election on Thursday 7. May, the Association of British Insurers reminded policymakers of its priorities for the next parliamentary session. Regardless of the outcome next week, the ABI remains focused on ten key issues, so the new government will have no surprises when it eventually forms after the election. In an announcement today the the. Graduated D...
chamberinsurance.wordpress.com
Health Insurance Rate Expectations for 2011 UPDATED | Business Risk Management
https://chamberinsurance.wordpress.com/2011/02/18/health-insurance-rate-expectations-for-2011-updated
Helping businesses navigate health risk, health insurance and health care reform. Chamber Insurance Program FAQ. Grandma Gives Birth to Her Grandson. Scoreboard Update: The Pro-Reform Team Pulls Ahead →. Health Insurance Rate Expectations for 2011 UPDATED. February 18, 2011. Back in September, I predicted that health insurance rates for 2011 would see approximately the same amount of growth as they did in 2010, just under 15% ( 14.8% was my prediction. Really going out on a limb, right? We’re still...
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Actuarial News - News, Actuary Wiki, SOA & CAS exam study materials and more
Actuarial News - News, Actuary Wiki, SOA and CAS exam study materials and more. Actuarial News Blog with SOA and CAS Exam study materials, actuary jobs, exam p, exam fm, exam m, exam c, exam 5, exam 6, exam 7, exam 8, exam ea, insurance, risk modeling, risk analyst, actuarl, actuaril, acuarial, actuaral, actuary. Actuaries Believe More Transparency in the U.S. Healthcare System Would Help Bend the Cost Curve Downward. Posted by Tom Troceen Permalink. Actuaries Plan Ahead to Health Reform Implementation.
Actuarial Ninja - Actuarial Jobs and Actuarial Exams - Actuarial Jobs and Actuarial Exams
Actuarial Ninja – Actuarial Jobs and Actuarial Exams. Should I get a MBA from Actuarial Science background? March 8, 2015. You’ve probably wondered, should I get an MBA coming from an actuarial science background? Or maybe should I get a actuarial science MBA (from the few schools that offer it)? What is a MBA? MBA stands for Master of Business Administration. Do many actuaries get MBA degrees? What are the benefits of Continue Reading →. Share with your friends! Life in an actuarial consulting job.
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actuarialnuthouse | a safe haven for actuarial nuts
A safe haven for actuarial nuts. Coke and Associates / Eckler Partners. Interview with The Actuary. Testimonial with Sun Life. Salute from Happy Grove. Article with The Observer. W St Elmo Whyte. National Mathematics Expo 2014. Orville Johnson – Executive Director of the Insurance Association of Jamaica (IAJ) – explains the meaning of insurance to students at the expo. The Ministry of Education hosted their second annual. On Thursday March 13, 2014 under the theme:. Read the rest of this entry ». Is to b...
actuarialopinions.wordpress.com
Actuarial Opinions | Following the cohort.
Your best swim team. Bryan Burke, the guy who does NFL analytics for The New York Times, discusses how he uses an optimization routine based on genetic code to seed swimmers in a dual meet. He does a nice job of breaking down the complexity, but it’s still intricate reading. His is something you want to enjoy in its entirety. I worked on from the CAS Spring Meeting (though I hope I spelled. To survive, he said, insurers need to learn how to manage new risks, not just exclude them. Actuaries can help,...
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Actuarial Outpost | Actuary Forum, Wiki & Blogs for Actuary Exams, Actuarial Science, Discussion Forums, Actuarial Wiki, Actuary Jobs, Actuarial Internships, Exams, Study, Notes, Links, Actuaries
Actuarial Outpost — Discussion Forum, Actuary Jobs, Links and more. Buy and Sell Manuals. Actuarial Outpost sees record traffic as exam results get released. With the most recent exam rush, the Actuarial Outpost blew past some of its previous records. Here’s a brief summary of our new all time high statistics. At 6:27 PM, Thursday July, 2nd, we had a record setting 1,849 members online over a 24 hour period. At 10:45 AM, Thursday, July, 2nd, the Actuarial Outpost had 1,647 active members and guests online.
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Actuarial Partners Consulting, Malaysia
Retirement & Employee Benefits. What is Mo.net. We are an actuarial consulting firm that has been partnering with clients in takaful, insurance and retirement benefits for more than 3 decades. Newsflash - Updated 10th February, 2015. Protection Gap Study Report. IPSAS 25 An Accrual Accounting For Pension And Other Post-Retirement Benefits. Working M’sians Need More Insurance Coverage, Says MTA. Regulating the way forward.By Zainal Abidin and Farzana Ismail. Regulating Takaful Lessons From Malaysia. Actua...
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