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GLG News by Life & Health Insurance Experts

P&C Reinsurance Rates for the Renewals 2010

September 13, 2009

Munich Re, Swiss Re May Struggle to Increase Rates | www.bloomberg.com

Although the major reinsurance players have anticipated in Monte Carlo a hardening or stabilization of the renewal reinsurance terms and conditions, most of the lights show a trend toward a softening. Only a major catastrophe happening during the remaining part of the year or a further crash of the...

Even Without Changing Roles, Regulation Overlooked

June 4, 2009

Changing Life Settlement Roles Can Lead To Overlooked Regulations | www.lifeandhealthinsurancenews.com

The article points out that the induistry is evolving, participants roles are changing and regulatory requirements are not being recognized.  The article seeks to raise awareness of both participants and regulators.

Pandemic Risk for Health Insurers, Reinsurers, and Self-Funded Plans

May 1, 2009

FACTBOX: Economic costs of a flu pandemic | www.reuters.com

Actuarial rate projections for health plans generally do not consider the risk of an epidemic or pandemic.   A pandemic could easily increase health insurer MLR's or loss ratios by 10%. The impact on health reinsurance loss ratios would generally be leveraged, i.e. significantly greater....

The revitalizing of the American health care system will increase the value of American helth insurers

January 12, 2009

Obama's big idea: Digital health records | money.cnn.com

The Health Care System and Health Care Financing System are going to drive the economy over the next few years. Consumers are vitally interested in their own health, wellbeing and financial security and that of their families and the standardizing and technological beefing up of the system meets...

Does the sudden appeal of annuities make for a solid investment in an insurer or financial company offering annuities?

January 6, 2009

A Foundation of Fixed Annuities | www.seniormarketadvisor.com

Investment companies are looking to invest in insurers 1. Consider the companies liabilities and markets before making the investment. 2.Is the temporary state of the economy enough to carry sustainable earning power of insurers selling annuities

US Investment Bankers Taking A Page From Canadian Playbook

September 22, 2008

Wall St. starting to look a lot like Bay St. | www.financialpost.com

US Investment bankers are going through what Canada did 20 years ago, albeit with far more fireworks.  The "Investment Bank" model is being turned into a "Bank-owned" model.  Will it bring better transparency and a better business model?

Don't forget the Canadian Insurers

September 19, 2008

Japanese insurers seen eyeing AIG assets | www.reuters.com

Canadian life insurers are also well poised.  Poor exposure is limited and managable.  The strength of the Canadian vs. US dollar helps also.

Interest rate, volatility, options costs and regulatory environment tests growth in US

June 30, 2008

Old Mutual Falls After Saying U.S. Profit to Decline | www.bloomberg.com

1. Profit margins are challenged by market conditions. 2. The marketplace is very competetive. 3. Regulatory power struggles create fewer channels for sales.

Judgment Needed

June 11, 2008

Corporate Bond Risk Jumps to 2-Month High on Inflation Concern | www.bloomberg.com

Uncertainty breeds panic among people who seek to quantify risk, whether they do so judgmentally or with complex, elaborate "predictive risk models."  There is a dislocation taking place among the world's economies and the markets are simply struggling to quantify the meaning of the structural...

What the fall in Wellpoint's Profitability means to the industry

April 29, 2008

WellPoint Net Slides 25% | online.wsj.com

This article clearly shows to me that insurers will price business to sell when it makes no sense which results in them telling Wall Street they underpriced the business. We see them so crazy competitive on cases that nobody else even wants just to bring their total membership up to please Wall Street...

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