To Manage the Cycle Effectively, Focus on Underwriters’ Behavior November 14, 2024 By Tony Buckle and John Carolin Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters...
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’ October 29, 2024 By Tony Buckle and John Carolin Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface...
Reinsurance Cycle Is Not Dead Yet so Buyers Need to Put It to Good Use: JLT Re July 27, 2016 By L.S. Howard Despite proclamations by some observers that the reinsurance cycle is dead, JLT Re says, reports of its demise are greatly...
The Price Is Right: Insurance Pricing in Today’s Market December 26, 2012 By Joe Izzo and John Buchanan In the long-running game show of the same name, contestants vie with one another to figure out the right price...
P/C Insurers Face Obstacles on Road to Hard Market February 24, 2012 By Andrew G. Simpson With interest rates low and looking like they will stay low for some time to come, property/casualty insurance companies will...
Do Actuarial Models Influence P/C Underwriting Cycle? December 9, 2011 Property/casualty insurance is noted for the sharp rise and fall of its rates – the underwriting cycle. As actuaries have...
Think Soft Market Is Over? Think Again January 24, 2011 Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that...