We will reflect on the events of the last two years and how they have impacted losses, along with what insurers will need to be mindful of in terms of pricing in 2022.
Knowing how much contents cover your customers need isn’t always easy. Obtaining an accurate and reliable figure is rarely a straightforward procedure.
Original loss curves are an extremely effective benchmark and help provide consistent internal pricing when dealing with layered insurance programmes or...
Rising claims costs from increased litigation, broader definitions of liability and higher jury awards mean insurers can no longer ignore the impact of social inflation.
Embracing claims automation can be a doubled-edged sword for insurers: it can help improve customer satisfaction but may leave them susceptible to fraud schemes.
The Institute and Faculty of Actuaries Working Party are developing a framework to help you better assess your cyber exposure from both cyber and non-cyber policies.