By Michael Winkler and Sunil Kansal
This article provides an overview of the challenges encountered by the insurance industry when applying the requirements of IFRS 17 to reinsurance contracts—the complexities and difficulties that arise when adapting existing accounting practices for reinsurance contracts to comply with the new standard.
By Venkat Seshadri and Suresh Aranala Krishnamurthy
Continuous innovation is fast becoming a business necessity in the insurance industry.
By Mark Shemtob
I’ve covered the advantages to securing lifetime income using retiree longevity risk sharing pools (Pools), most recently in my article “Time to Take the Plunge?” (Contingencies; September/October 2022).
By David A. Quinn
A medical loss ratio (MLR) measures the portion of premium revenue spent on claims. It is calculated differently depending on the health insurance product and accompanying regulations.
By Carlos Fuentes
“The Strategic Role of Ownership Structure for Insurance Companies” published in the March/April 2022 issue of Contingencies states that sometimes, for a variety of reasons, mutual insurance companies (“mutuals”) convert to stock insurance companies (“stocks”).
By Ben Abbott and Brian Lanzrath
The changes to daily life and the uncertainty brought on by the COVID-19 pandemic continue to have impacts on the mental and physical health of populations around the world.