Proportional Reinsurance:In proportional reinsurance, also known as pro-rata reinsurance, the insurer and reinsurer share both the risk and premium from the policy on a predetermined basis. This type of reinsurance is often used for spreading risk across multiple parties and is commonly seen in pro...
Reinsurance provider Swiss Re partnered with Combe Grove (a metabolic health center) and Gro Health (a digital well-being platform) to deliver a pilot program focused on optimizing the metabolic health of its 1,100 UK employees. The intervention began with a survey on risk factors for ...
What Is Reinsurance? What Are Revenue Bonds? What Is a Retail Investor? What Is Regulation Fair Disclosure (Reg FD)? Residual Income Model for Valuation What Is Residual Income? How to Calculate Return on Assets (ROA) Return on Equity (ROE): Def...
Every year, ProAg and other AIPs enter into a contract called the Standard Reinsurance Agreement (SRA) with the Federal Crop Insurance Corporation (FCIC) — an entity under the United States Department of Agriculture that reports to the Secretary of Agriculture. AIPs then administer the crop insur...
Briefly explain the following types of reinsurance methods for sharing losses: a. Quota-share treaty b. Surplus-share treaty c. Excess-of-loss reinsurance d. Reinsurance pool What are some methods for reducing asymmetric information? What are the three types or methods of restructuring available wh...
Employers prefer to hire candidates with prior work experience. Internships bring industry insights and increase the chances of getting full-time employment in the same organisation. An actuarial intern is put in an actuarial team such as a modelling, testing, valuation, or reinsurance team on the...
How do life insurance policies work? What does life insurance cover? What are the two main types of life insurance? What is term life insurance? How do I choose the right life insurance policy? The Lowdown Life insurance pays your beneficiary an agreed amount once you die There are...
Capital:Inconsistent reinsurance strategies and unstructured decision-making lead to higher costs of capital. Poor data quality and lack of transparency with reinsurers can create a lack of trust, a more opportunistic approach and lower quality panel. ...
In Utrecht, we see the strongest regional development logics and the weakest start-up development logics. Historically, there were relatively fewer large companies in the region, and these companies do not consider being from Utrecht as part of their identity. This is widely perceived, by intervi...
There are several types of Loss Adjustment Expenses that insurance companies encounter. Here are some common examples: Investigation Expenses:These are the costs incurred during the investigation phase of a claim. It includes documentation, site inspections, consultations with experts, and any other expe...