All GLG News Analyses Filed Under: Insurance & Risk Management

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...

Let The Industry Stabilize And Grow By It's Own Dynamics Instead Of Another House Bill. 

This article addresses issues about Florida Property Insurance that are important to policyholders, insurers, and the general public.  The basic thrust of my comments are to outline important actions for the state and the insurance regulators to take, and to explain why heavy regulation of insurance...

Implications: 1."At Risk" - Federal Mortgage Insurance for Tainted borrowers at the brink of foreclosure. 2.A Transfer Mechanism , which will faal bt default to the US Taxpayer. 3.Lenders will receive a "Hope" of more recovery within the parameters of rising mortgage delinquencies? 4.The Regulatory...

This Storm Season Will Identify Those Carriers Who Have Managed Growth And This Soft-Market With Discipline.

The article on Florida Property Insurance is somewhat on target. Where it goes aray is injecting government assistance. Politicians never solve anything. The property indemnity marketplace will find viable solutions. The MASH unit approach to property insurance is at best myopic. Insurance companies...

Implications: 1.The major default is a softening of the entire insirance marketplace. Perhaps the Credit Crisis has not been , fully, defined. 2.The soft cycle, as defined by the private equity buyer, has Not evolved - full cycle. 3.A theory presents itself - " A firm's understanding of the Dynamics...

What is a business or homeowner's biggest fear?  One of them is the fear that something will happen and the insurance company will not be able to pay their claim.  This is simply a false fear in this day and age. Simply stated, insurance companies are running a business and they understand...