External Perspective
3 Ways FIO’s Report Could Impact Core Insurance Functions and Management
In its report, How to Modernize and Improve the System of Insurance Regulation in the United States (Modernization Report), the Federal Insurance Office (FIO) concluded that a combination of reforms ...
Consolidating Reinsurance Towers to Gain Efficiencies
In addition to raising capacity and lowering reinsurance prices, the influx of new capacity from the capital markets is driving more flexible reinsurance terms and efficiencies that primary insurers ...
Point/Counterpoint: Analysts Take Opposing Sides on Proposed Accounting Standards
Opinions vary widely among property/casualty insurance experts on the desirability of accounting standards being proposed by the Financial Accounting Standards Board and the International Accounting ...
New Insurance Accounting Standards Are Coming: It’s Time to Get Ready
If you are like most insurance executives you are probably aware that changes are coming to insurance accounting, but you're probably not exactly sure what they are or why all this is happening. The ...
A New Year’s Resolution: I Will Protect My Portfolio from Rising Rates
As with personal resolutions and renewed avowals, the start of a new year is the perfect time for insurers to revisit the parameters and goals guiding their investment portfolios. Particularly for ...
Do You Have the Vision to Innovate?
Google the term "insurance innovation" and you'll get over 38,000 results. Probably not surprising, and as you would expect, the results are everything from an actual domain name to consulting groups ...
Insurance and Regulation Remain Obstacles to Amazon Drones
For Amazon's recently announced drone delivery system to get off the ground, the company will have to solve numerous difficult technological challenges. Chief among them will be increasing battery ...
Left and Right Are Both Wrong About Regulation: Bloomberg View
In 1981, President Ronald Reagan instructed federal agencies that they could issue regulations only after demonstrating that their benefits justified their costs. With modest changes, Reagan's ...