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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

• Third Quarter 2005 Results for Defined Benefit Pension Plans in Selected Countries

  BNET - 2005-11-10

  This article reviews how global capital market performance in the third quarter of 2005 affected pension plans in major retirement markets worldwide. The impact of capital markets on these pension plans is twofold: On fund assets as a direct result of investment performance and on plan liabilities (as measured under...

  Tags: Capital Market, Towers Perrin, Defined Benefit Pension Plan, Pension Plan, Payroll Solutions, Benefits, Investment, Financial Services, Human Resources, Finance

• 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

• Preparing for C-3 Phase II RBC - From Development to Implementation

  BNET - 2005-09-01

  The move to C-3 Phase II RBC is a significant undertaking that will require input from several areas of the company. This article summarizes changes in C-3 Phase II RBC and discusses the implications for life insurers. RBC C-3 Phase II refers to the National Association of Insurance Commissioners (NAIC's)...

  Tags: Towers Perrin, Equity, RBC C-3 Phase II, C-3 Phase II, Investment, Financial Services, Finance

• The Fortune 100: Pension Funding Shortfalls Decline, But Deferred Costs Continue to Rise

  BNET - 2005-01-14

  The paper depicts that in past years, pension plans, which have long operated in relative obscurity, have become headline news. Between 2000 and 2002, sharply declining investment returns and low interest rates converged to push pension plan assets down and liabilities up, sending funded ratios to their lowest levels in...

  Tags: Capital Market, Towers Perrin, Pension Plan, Pension, Financial Services, Investment, Benefits, Payroll Solutions, Finance, Human Resources

• How Might the Presentation of Liabilities at Fair Value Have Affected the Reported Results of U.S. Property and Casualty Insurers

  BNET - 2004-05-14

  The paper examines the impact of fair value accounting on a "Typical" U.S. property and casualty insurer. It identifies practical issues associated with the measurement of p/c insurance liabilities on a fair value basis. It depicts about this research to help all parties evaluate the extent to which fair value...

  Tags: Towers Perrin, Accounting, Insurance Company, Insurance, Operational Accounting, Financial Services, Financial Planning, Business Operations, Corporate Insurance, Finance

• Fair Value Accounting for Property/ Casualty Insurers

  BNET - 2004-02-01

  The two accounting standard bodies IASB and FASB announced an agreement to collaborate on a new insurance accounting standard. Since both bodies have invested considerably in the conceptual development of fair value, it is likely that the standard will be based on the fair value approach to measuring financial assets...

  Tags: Towers Perrin, Accounting, Operational Accounting, Financial Services, Finance

• Achieving Profit Improvement and Growth

  BNET - 2002-01-01

  Financial services managers have now experienced two straight years of stock market declines and negative economic growth in the U.S., Europe and Japan. Cost reduction steps have already been taken by those with notable capital market, credit and equity asset price exposures. But across-the-board expense reduction offers only a short-term...

  Tags: Towers Perrin, Asset Price, Equity, Asset Management, Investment, Financial Services, Operational Planning, Business Operations, Finance

• What Employees Really Want

  BNET - 2002-01-01

  Financial services companies have long struggled with such human resource challenges as attracting, engaging and retaining key talent. Finding and keeping quality personnel are as difficult as ever for financial services firms. This paper talks about a survey on talent management that provides new insights into the views of financial...

  Tags: Towers Perrin, Financial, Financial Service, Financial Services Company, Financial Planning, Financial Services, Workforce Management, Finance, Human Resources