Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Islamic insurance: is it possible?
August 4, 2009
Islamic insurers work to build Saudi business | www.ft.com
The rules of conventional insurance have many issues contradicting the rules of Islamic Economy that caused them to be unacceptable by the absolute majority of Muslims. This resulted in the creation of a new industry; Takaful, so described as a Sharia-compliant cooperative insurance. Yet, huge skepticism still exists among the masses because the insurance industry has not addressed the roots of the problem in the most appropriate way. This analysis gives insight into these roots.
Desperate times, desperate measures
July 18, 2009
American Express halts UK pension payments | business.timesonline.co.uk
The value of due diligence, and buyer beware has never before in financial times been so important. There are definitely two sides to this issue. We are faced with commitments made based upon invalid assumptions of risk management techniques.
June 25, 2009
We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com
State Farm is renewing most windstorm risk west of US1 in Miami State Farm is renewing "all other perils" and dumping Wind east of US1. State Farm has many loyal but frightened (20-40 year old) agency owners whose existence is threatened if State Farm abandons Homeowners, so it is unlikely. Gov. Christ is setting Citizens (JUA) wind storm rates politically and not financially. Washington already turned down Gov. Christ to bail out JUA if we get a disaster. According to National Underwriter, Citizens sells $3 Billion in premium and has $29 billion in liabilities.
June 25, 2009
We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com
State Farm is renewing most windstorm risk west of US1 in Miami State Farm is renewing "all other perils" and dumping Wind east of US1. State Farm has many loyal but frightened (20-40 year old) agency owners whose existence is threatened if State Farm abandons Homeowners, so it is unlikely. Gov. Christ is setting Citizens (JUA) wind storm rates politically and not financially. Washington already turned down Gov. Christ to bail out JUA if we get a disaster. According to National Underwriter, Citizens sells $3 Billion in premium and has $29 billion in liabilities.
State Farm / Florida: Insurance Intelligence?
June 24, 2009
We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com
* Executives at large insurance organization are accountable for KPI’s to stakeholders; not for providing “socialistic goods, regardless of the financial considerations”.
Health Insurance in India. Factors considered by consumers while choosing providers. Apnapaisa
June 24, 2009
Cheap is not necessarily the best. How to decide which mediclaim policy to buy | blog.apnapaisa.com
Premiums are not the only factor in deciding the health care provider Future premiums, age upto which renewable,coverage of pre-existing disease, pre-insurance medical tests all matter
A Christ Veto Likely a Body Blow to Floridians
June 16, 2009
We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com
Put all your eggs in one basket? That's what a veto by Governor Christ would do to Florida's hurricane insurance market. His veto would serve to concentrate risk, putting the liability into fewer hands. These "hands" are the now fewer remaining private insurance firms and the citizens of Florida. Level the playing field? Not Christ's veto. Those more at risk (coastal dwellers) will be subsidized by those less at risk (central Floridians). This is a tax on the less wealthy to support the opulent homes of the wealthy coastal inhabitants.
Left alone by government, markets will always find the way to profitability.
June 16, 2009
We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com
Too much government interference and dictation has put a massive, Florida employing company in such a frame of mind that it will probably leave Florida even if Tallahassee changes it's tenor.
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.
May 11, 2009
Allianz operating profits fall 41% | www.ft.com
Alliance had a giant drop in earnings.
Battle for Dominance in Mortgage Fraud Analytics Space
October 17, 2009
A Second Article on Federal Chartering
October 13, 2009
Is an Optional Federal Charter for Insurance Companies in the Offing?
October 12, 2009
Where was my Risk Management at the time of the crime?
September 26, 2009
P&C Reinsurance Rates for the Renewals 2010
September 13, 2009