Our Perspective
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Thinking About the Cognitive Bias of Loss Aversion in Underwriting
By John Thiel November 29, 2017 English
On the surface it may seem redundant to think that underwriters are averse to loss. After all, our job is to make sure the policies we write for our respective companies earn more in premium than the claims and expense dollars that are paid. Yet, the...
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Insurance Business Results Through Analytics
By L/H North America - Decision Analytics Team
October 17, 2017 EnglishAs insurers implement data analytics to varying degrees, the next stage is already being set. For many it’s doing even more with external data, building even sharper and better pricing models, or looking for the opportunities to implement predictive...
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Gaining Insights Through Data and Analytics Collaboration
By Upendra Belhe
July 19, 2017 EnglishDisruption, continuous change and uncertainty are a stark reality for P&C carriers today. Digital technologies, data analytics and social media promise to transform the traditional marketplace. It’s an environment where customers’ expectations...
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10 Years of De-Tariffication in India
By Ayush Jain February 01, 2017 English
January 2017 marked 10 years of de-tariffication of non-life insurance in India. This decade has allowed insurers to price insurance policies (with the exception of motor third party) based on their own analyses and perceptions of risk. When the sector...
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Preventing Soft Fraud - Insights From Behavioural Science
By Markus Burbach December 12, 2016 English Deutsch
Lying and cheating are neither motivated by a criminal disposition nor do they follow the cost-benefit principles of the Simple Model of Rational Crime, according to Behavioural Economics and Psychology Professor Dan Ariely. People cheat just a little...
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My Perspective as an Insurer Turned Reinsurer - Is Reinsurance a Product or a Transaction?
By Robert Jones October 25, 2015 English
Over the last several weeks I’ve had the opportunity to attend industry conferences in Europe and the U.S. for the first time in my capacity as President and Chief Marketing Officer of Gen Re P&C. Given the upcoming January renewal, it was...
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