Insight: Insurance - Milliman

insight

All insight

Healthcare

Employee Benefits and Investment

Insurance

Risk Management and Financial Services

Translating cyber threats: How to communicate cyber risk in the boardroom
By Chris Harner, Chris Beck | 21 August 2019

There is a significant need in the market to transform cyber assessments, information technology metrics, and information security into the common language of risk management.
Combination products: An accelerated education
By Robert Eaton | 20 August 2019

Combination products provide valuable, and often substantial, health insurance coverage in the framework of a life insurance or annuity policy.
Reserving quandaries for the sharing economy
By Dana S. Ryan | 02 August 2019

With the rise of vacation rentals and the risks they pose, insurance for hosts is an opportunity insurance companies should be looking into.
Long-Term Care Insurance Fraud, Waste and Abuse Risk Management
By Robert Eaton | 30 July 2019

This survey is intended to share insurance company risk management practices and perspectives so that stakeholders may have a common understanding when discussing waste, fraud, and abuse in long-term care insurance.
A review of Casey Cep’s book, Furious Hours
By Daniel D. Skwire | 30 July 2019

Dan Skwire reviews Casey Cep’s Furious Hours, which begins with the story of Willie Maxwell, an Alabama preacher whose relatives tended to die mysteriously months after he purchased large amounts of insurance on their lives.
Mortgage Default Index, 2019 Q1
By Jonathan B. Glowacki, Judith-Anne Lesko | 30 July 2019

Quarterly publication will evaluate default risk of U.S. mortgages delivered to Freddie Mac, Fannie Mae, and Ginnie Mae.
ILS Will Continue To Play an Increasing Role for Captives
By Aaron C. Koch | 25 July 2019

An interview with Aaron Koch about the current state of affairs in the insurance-linked securities market and how captives are using this segment.
Undeniable Synergy: A case for the chief modeling officer
By Van Beach | 23 July 2019

Understanding the business versus the operational skills and activities related to modeling holds the key to the new actuarial operating model.
The Ridgecrest earthquake: Will recent quakes shake up the California insurance market?
By David Evans, Eric J. Xu, Cody Webb | 19 July 2019

Coverage for earthquakes isn’t provided by homeowners policies in California, and the lack of it poses a risk to the largest assets of many state residents: their homes.
Dockless e-scooter sharing programs: Who pays when accidents happen?
By Abby L. Sternberg, Anthony Pinello | 18 July 2019

With e-scooter accidents on the rise, insurance gaps need immediate attention and innovative solutions for on-demand, usage-based transportation.

See More Articles

16 July 2019
Prevented planting: Midwest flooding carves out uncharted terrain for crop insurers
How will rain and lingering flooding in the Midwest farm belt affect farmers’ choice of planting and insurers’ crop insurance losses?
09 July 2019
Universal life and indexed universal life issues, 2018/2019 survey
Twelfth annual survey addressing UL and IUL life insurance market issues.
01 July 2019
Critical Point Episode 15: Key takeaways for insurers managing the US GAAP Targeted improvements
Insurance companies that issue long-duration contracts (LDTI) can expect volatility, increased data and disclosure requirements, and the potential for a new market for reinsurers thanks to recent accounting changes, according to Milliman’s William Hines and Francois Dauphin. In the latest episode of Critical Point, Milliman’s life insurance actuaries discuss key takeaways from the Financial Accounting Standards Board (FASB) Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI), which will require significant risk management and has a go-live date of January 2021.
01 July 2019
Hedge Cost Index June 2019
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 173 bps as of the end of June 2019, up 14 basis points from the previous month, driven by a decrease in long-term interest rates.
26 June 2019
Summary of key results from 2018 U.S. Group Disability Market Survey
The 2018 U.S. Group Disability Market Survey covers employer-paid and employee-paid short-term disability and long-term disability insurance products, and includes an analysis of premiums, cases, and covered lives from new sales and in-force business in 2017 and 2018.
25 June 2019
Considerations for predictive modeling in insurance applications
What are the best ways to implement predictive modeling into relevant areas of actuarial practice?
24 June 2019
Critical Point Episode 14: Climate change, immigration, and opioids: The effect of global events on mortality
Global events like climate change, immigration, and opioids have the potential to affect mortality rates, as Milliman consulting actuary Dale Hagstrom discusses in the latest episode of the firm’s podcast, Critical Point.
19 June 2019
Single premium immediate annuities: 2018 survey
Milliman conducted a broad-based survey on single premium immediate annuities, capturing historical data for key industry competitors, as well as company perspectives on a range of issues pertaining to these products into the future.