This unsteady nature may well be explained by the constant adjustment in premium rates that arises from the opposing pressures of competitive pricing and loss experience. Harrington (1984) published a survey of notable research on the ques- tion of rate regulation on underwriting results. It was ...
contract language and even in context. A good example of a case of ambiguity in contract language between Morgan Stanley Group and New England Insurance Company. The policy holds that New England will compensate Morgan Stanley loss by reason of any ...
lays out the extent to which the parties allocate or transfer the contingent risk of loss to the insurer. It will detail the rights and obligations of the parties, as well as the types of situation giving rise to loss and the limits of the insurers responsibility to pay for losses incurred...
investors find unexpected earnings to be informative but not the unexpected solvency ratio. However, under the Solvency II directive, both unexpected earnings and the unexpected solvency ratio are relevant to investors. Based...
Explained the good and bad points of certain insurance companies and their policies, and suggested alternatives. Analyzed chunky assets that they own elsewhere, aiding them in whether they keep, sell, or sell part of the asset. Analyzed a variety of funky and normal investment strategies. Advised...
Although it varies by insurer and amount carried, policies can cover costs associated with business email compromise, ransomware attacks, phishing attacks and other social engineering attacks, explained Jennifer Mulvihill, business development head for cyber insurance and legal at cyber defense platform com...
Cooperation Clause (Insurance) - Explained What is a Cooperation Clause in Insurance? The cooperation clause refers to an insurance contracts passage requiring the holder of the policy to work closely with the insurer whenever a policy claim arises. As per the policy agreement, it is mandatory ...
We show that for loss ratio and combined ratio significant cycles can be calculated for the period 1955-2001, but the cycles are not significant anymore for the period 1982-2001, where only a small part of the ratios can be explained through the AR(2) process. The reinsurance price ...
Captive Agent (Insurance) - Explained What is a Captive Agent? A licensed insurance agent who works for one single insurance company exclusively, is known as a captive agent. A captive agent represents one single insurance company and sells only the products offered by that company. A captive ...
Reinsurance Explained: What It Is, How It Works, Types By Caroline Banton Jun 23, 2021 Reinsurance Definition, Types, and How It Works By Caroline Banton Feb 28, 2024 Underwriter in Finance: What Do They Do, What Are Different Types? By Caroline Banton May 01, 2023 Underwriting: ...