ANALYSIS AND KNOWLEDGE FOR THE WORLD OF INSURANCE

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The myth of reinsurer earnings and interest rates

The myth of reinsurer earnings and interest rates

Why rising interest rates won’t, on their own, improve non-life reinsurers’ operational earnings. Non-life reinsurance pricing has been deemed inadequate by many market practitioners since 2014. While this has hit profitability, it is often seen as only part of the difficult environment for reinsurer earnings, the other

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Inflating the way to reserve deficiencies

Inflating the way to reserve deficiencies

Inflating the way to reserve deficiencies The dog that hasn’t barked Many market participants and analysts have been waiting for some time for casualty reserve releases to dry up and deficiencies to emerge.  Yet, while there have been a few high-profile cases of the latter, so far

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When is a BBB rating really the same as an A+?

When is a BBB rating really the same as an A+?

When is a BBB rating really the same as an A+? For most traditional reinsurers a credit rating from one of the main agencies remains a business requirement.  And in developed markets that rating often needs to be “A-“ or higher, at least if the reinsurer is

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Why reinsurance practitioners should understand the drivers of cedant ratings

Why reinsurance practitioners should understand the drivers of cedant ratings

Why reinsurance practitioners should understand the drivers of cedant ratings Even in those markets where ratings are fundamental to carrier selection, most practitioners tend not to dwell too much on the details of how ratings are decided. Yet, for reinsurers and reinsurance brokers with rated cedant clients,

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Keeping a Lookout for Outlooks

Keeping a Lookout for Outlooks

Keeping a Lookout for Outlooks Looking beneath the rating agency reinsurance sector announcements On 17 July 2018, Aon published an article remarking on the divergent outlooks the rating agencies have on the reinsurance sector, with Moody’s and S&P having a ‘stable’ outlook, while Fitch and A.M. Best

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What can you learn from an insurer’s financial statements?

What can you learn from an insurer's financial statements?

Understanding and interpreting insurance and reinsurance financials One Day course Date to be confirmed – If you’re interested in registering for this course, please follow the link below There’s a wealth of information to be found if you know where to look, giving you valuable insights into

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Introduction to the Mathematics of Reinsurance

Introduction to the Mathematics of Reinsurance

Introduction to the Mathematics of Reinsurance One Day course – London E1 – The Tower Hotel, Tower Bridge. Tuesday 18th September 2018 9am – 5pm “You don’t have to be an actuary to understand the principles underpinning reinsurance” Reinsurance is based in Mathematics, so it’s probably preferable

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Optimising your financial strength rating

Optimising your financial strength rating

Optimising your financial strength rating  One Day course – London E1 – The Tower Hotel, Tower Bridge Wednesday 10th October 2018 9am – 5pm   Introducing a new one-day course for non-life rated insurers and reinsurers and those considering getting rated. Does the rating process and decision

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Lessons from CBL

Lessons from CBL

Earlier this year the New Zealand carrier CBL Insurance Ltd was placed in interim liquidation. The parent group’s Irish carrier (CBL Insurance Europe DAC) has also been put into administration (though the group’s Australian carrier, Assetinsure Pty Ltd, stresses that it continues to operate normally). Whether the

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Some of my best friends are actuaries… or why I built “an Introduction to the Mathematics of Reinsurance”

Some of my best friends are actuaries… or why I built “an Introduction to the Mathematics of Reinsurance”

All professions build mystiques. It’s intellectual protectionism. Lawyers use Latin a lot (not as much as they used to but their replacement phrases are almost as incomprehensible), accountants create impenetrable legislation and rules. You will have your own lists and examples. Actuaries, statisticians and modellers don’t really

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Litmus Analysis

LITMUS ANALYSIS is a team of analysts offering a broad range of products and services designed to create increased transparency, clarity and knowledge in the insurance and reinsurance markets.

We bring the skills and experience of a team of top analysts to the insurance world.