All GLG News Analyses Filed Under: Insurance & Risk Management

AIG has a strong name brand and recognition among its brokers and insureds. AIG is known as an innovator and leader in the insurance world. The employees are dedicated, loyal and very knowledgable.  Although the past two quarters have been poor, mainly due to sub- prime issues, the core underwriting...

Most of Munich Re's securities investments are in European investment grade and government bonds. As inflation increases, re-invested funds will earn a higher rate of return. Their investments in equities, private equity and more complex fixed income securities are managed by a professional captive...

 An Educated And Fiscally Involved Insured Is Good Business For Everyone

Implications: 1.Many Regional Financial Institutions have reported similar losses and a Plan for Re-Capitalization. 2. Poor results causation: A. Stock Market Volatility, B.The Credit Crisis and, C. Weakness in the Housing Market. 3.The ESTIMATES , so state, that the sub-prime matter is 75 % to 85 ...

In the absence of a sweeping change in federal legislation, insurance underwriting today is regulated by the states.  This means that when the Mississippi or Texas or Alaska state legislature passes a new bill governing the use of credit scores in insurance underwriting, all involved parties must...

A recent news story quotes the insurance modeling pioneer Karen Clark as saying, with keen insight, that insurers rely too much on catastrophe models.  This analysis provides background on cat models and how homeowners insurers use them.  The analysis also offers suggestions...

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...

Insurers' actuarial studies include consideration for catastrophes(cats) in their recommendation of rates and underwriting but they are not the sole factor. The underwriter is the ultimate decision maker. What happened is that insurers took too much risk in hurricane areas. They finally woke up and...

Credit scoring further injures those applicants who have had very difficult changes in their lives- mostly by no fault of their own.

Primary insurers and reinsurers will demand that catastrophic modeling be used in order to justify their underwriting decisions of this type of insurance.  These newer models in conjunction with in-house capacity aggregation tools (Insurers now know where and how much of their capacity...