GLG News by Life Reinsurance Actuaries

Indian economy is not slowing down even if global finacial market is in crises.  The indian population has been denied the access of the convenient and comfort of the land-line telephone facilities due to unaffordable high price to use them.  Now the introduction of mobile phone gives them...

What Freddie Mac is doing now is supposed to do 3 years ago (a call from Allen Greenspan in May 2005), specifically to liquidate substantially with little disruption to the housing market in 2005.  The call from Allen Greenspan came at the time when the combined holdings (of mortgages and mortgage...

Wachovia follows what it takes to do right things to correct the pitfalls.

Having a substantial customer base with products that have a common thread drives bancassurance as a distribution system. The local regulatory regime is crucial to development of bancassurance in any country. The internal culture in a bank entering into a bancassurance approach will be vital to success....

Recent suggestions that the ABX index is a poor proxy for AAA subprime RMBS fail to recognise its value.

If a book of reinsurance business can be purchased for a price that rpresents the present value of estimated future cash flows of that book, it could be a preferred way to buy market share, given that the price of growing in the reinsurance business can include quoting new accounts at less-than-break-even...

 It has become one of the more popular insurance areas focused from an investment, legal and consumer perspective.  Hedge funds are looking at the market due to perceived returns on investment.

Life expectancies show a surprising degree of variation amongst developed nations.  Circumstantial evidence suggests that the U.K., U.S.A. and Germany have plenty of scope for further increases, compared to similar wealthy nations.  The implication of such increases would be increased cost...

Managing expectations of shareholders, managers or finance directors is not easy, especially when a third party removes a significant part of your premium base at a stroke.  

After twenty years in the industry, the industry cycle looks to me just like it looked last time and the time before. Despite apparent changes to expertise, capital providers and products; in 2007 the reinsurance industry appears to be heading in pretty much the same direction as in previous cycles...