Articles tagged "General Insurance"
The issue of consumer trust has attracted significant attention in the financial services industry in the last year or two. Here, Estelle Pearson offers her view on why this evolved to be the case and gives a glimpse into how the role of actuaries may potentially need to adapt to help foster trust again in the general insurance industry.
Posted on: November 6, 2018
Tackling the big issues in the general insurance industry, representing actuaries and motivating a group of volunteers has been the remit of IAG’s Tim Clark for the last five years.
Posted on: September 24, 2018
Amongst much talk about data science and new analytics techniques, Ashish Ahluwalia challenges the profession to be bold in sticking to their roots and take their toolkit of ‘traditional’ actuarial methods into a broader industries outside of insurance.
Posted on: March 12, 2018
The 2017 GI Glimpse Seminar focused on the actuarial career; latest developments and outlook for the general insurance (GI) industry; as well as updates on the long tail classes. Suba Chelva reports.
Posted on: August 10, 2017
Here we speak with Guy Thomas, author of 'Loss Coverage: Why Insurance Works Better with Some Adverse Selection'. Guy explains the context of his recent publication and why loss coverage is important.
Posted on: June 20, 2017
Drones are clever devices that are presenting a range of opportunities and challenges for insurers globally. Suba Chelva shares key takeaways from a Melbourne seminar on the Use of Drone Technology in the General Insurance industry.
Posted on: May 4, 2017
In this article, Benjamin Avanzi, Greg Taylor, and Bernard Wong from UNSW have teamed up to illustrate the uses of large-scale correlation structures in General Insurance.
Posted on: December 14, 2016
GIS2016 was a truly thought provoking and relevant seminar for those in the general insurance industry who are constantly faced with challenges, especially around big data and cyber risk. This article wraps up the two day seminar that was held this month.
Posted on: November 30, 2016
The last few years have not been easy for general insurers. Strong competition and falling or flat premium rates have meant a pressing focus on efficiency and underwriting discipline. But could the cycle be about to turn? Win-Li Toh outlines the industry conditions ahead of her Plenary talk at the 2016 General Insurance Seminar.
Posted on: October 12, 2016
There are many ways of measuring superimposed inflation. In this article, Aaron Cutter of Finity explains how to measure superimposed inflation by pairing claims that ‘look-a-like’ - a technique adapted from home price inflation techniques.
Posted on: September 8, 2016
Following its success last year, the Actuaries Institute hosted the GI Glimpse seminar for the second time on 3 August 2016. Targeted towards the Institute’s younger members working in the general insurance industry, this half-day seminar aims to provide a snapshot of the topical issues currently faced by the general insurance industry. This year, the seminar focused on three topics: innovation, data analytics and cyber risk.
Posted on: August 24, 2016
As the UN Climate Change Conference 2015 wraps up its work in Paris, the time seems opportune to look at climate change, the liability risks which it poses and how insurers might respond to those liability risks. Mark Sheller reports.
Posted on: December 11, 2015
Acting Director at the Centre for Automotive Safety Research gives insight into increasingly intelligent road design, automation and blurred driver responsibility on Australia’s roads.
Posted on: November 2, 2015
The reinsurance industry used catastrophe risk models long before Hurricane Katrina, but Katrina challenged the standards of these models. ANZIIF's Edward Vukovic reports.
Posted on: September 22, 2015
Justin Portelli reviews the recent half-day 'GI Glimpse' Seminar, packed with insights on 'cars of the future', pricing perils and the impact of climate change and cyber space on the general insurance industry.
Posted on: September 21, 2015