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• Risk Management In Strategic Decision Making

  BNET - 2007-03-01

  Risk management is not new. Insurance companies have been doing it for centuries. Unfortunately, they do not have an exemplary track record, as losses over the past decade have shown. Some risks have been badly managed and others completely overlooked. However, the industry's position has been changing rapidly over the...

  Tags: Towers Perrin, Decision-making, Risk Management, Strategy, Financial Planning, Financial Services, Insurance, Security, Management, Finance, Business Operations, Corporate Insurance

• Operational Due Diligence for Value

  BNET - 2006-08-24

  With hedge fund assets bulging and private equity firms proliferating, investor interest in the Property/Casualty (P/C) insurance industry is growing. As insurance companies find fewer opportunities for organic growth, internal strategic interest in acquisitions is also heating up. In this environment, some companies are evaluating whether this is the right...

  Tags: Towers Perrin, Insurance, Financial Planning, Investment, Financial Services, Business Operations, Corporate Insurance, Finance

• Gaining Position With Technology

  BNET - 2005-11-07

  Telematics, the use of wireless communications and Global Positioning System GPS tracking, may change the way automobile insurance, both personal and commercial, is priced. Individual rating of a driver, to supplement class rating, now appears to be feasible. The paper highlights the profound changes in auto insurance market leadership that...

  Tags: Towers Perrin, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

• Life Insurance CFO Survey 12: Investment Risk Management

  BNET - 2005-11-01

  Investment risks represent a major financial risk exposure to life insurers. The survey depicted in this paper finds that companies' overall approaches to investment risk management remain fairly traditional. Even so, insurers are beginning to use sophisticated tools and techniques to measure and model investment risk. They are also relying...

  Tags: Towers Perrin, Investment, Risk Management, Survey, Life Insurance, Investment Risk, Insurance, Financial Planning, Productivity, Marketing Research, Business Operations, Corporate Insurance, Finance, Marketing

• Hurricane Katrina: Analysis of the Impact on the Insurance Industry

  BNET - 2005-10-01

  Towers Perrin estimates direct industry loss from Katrina at $40 to $55 billion as of September 30, 2005. This paper presents an analysis which includes line-of business estimates; how losses will be split among insurers, reinsurers and capital markets; a look at hurricane frequency and severity; risk management implications; and...

  Tags: Towers Perrin, Insurance, Hurricane Katrina, Analysis, Financial Planning, Strategy, Financial Services, Security, Finance, Management

• Getting a Better Handle on Older Age Mortality

  BNET - 2005-09-01

  Longer life spans have resulted in a growing elderly population, a growth that has fueled an increase in life insurance coverage at older ages. Companies need a better handle on the level of mortality they can expect at older ages to improve underwriting practice. Fortunately, extensive and detailed new data...

  Tags: Towers Perrin, Life Insurance, Age, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

• TRACS: The Road to Successful Captive Management

  BNET - 2005-08-03

  Captives are created to serve their owner-policyholders. Traditional insurance solvency and ratio standards may not apply to them. Tillinghast Recognized and Accepted Captive Standards TRACS was developed to help captives prudently manage and benchmark their operation. This paper concentrates on the captive as a special-purpose vehicle for insuring and retaining...

  Tags: Towers Perrin, Financial, Captive, Insurance, Financial Planning, Financial Accounting, Quality, Business Operations, Corporate Insurance, Finance

• Life Insurance CFO Survey 11: Managing Current and Future Demands on Capital

  BNET - 2005-08-01

  This article talks about a survey that focuses on the issues related to managing current and future demands on capital. Capital management is a key concern for the majority of Chief Financial Officers CFOs surveyed. Life insurers are using a variety of traditional methods to address their current capital needs....

  Tags: Towers Perrin, Survey, Life Insurance, CFO, Insurance, Financial Planning, Marketing Research, Business Operations, Corporate Insurance, Finance, Marketing

• Prescribed U.S. Statutory and Tax Interest Rates for the Valuation of Life Insurance and Annuity Products

  BNET - 2005-07-01

  The Revenue Act of 1987 amended section 807d(2)B of the Internal Revenue Code and set the interest rate used in the calculation of tax reserves to be the greater of the applicable federal interest rate or the prevailing maximum statutory valuation rate for the contract's calendar year of issue. This...

  Tags: Towers Perrin, Valuation, Annuity, Interest Rate, Life Insurance, Investment, Taxes, Financial Planning, Finance

• Knowledge and Courage: The Keys to Success

  BNET - 2005-06-17

  Risk assessment involves both identifying significant risk factors that are correlated with insurance losses and claims, and determining how those risk factors are interrelated. This article indicates that complete and accurate risk assessment offers an insurer a real competitive advantage in pricing, but only if the insurer also has the...

  Tags: Risk Assessment, Towers Perrin, Knowledge, Insurance Company, Courage, Insurance, Tools & Techniques, Strategy, Financial Planning, Business Operations, Corporate Insurance, Management, Finance