Description
What is old is new again. A historical perspective on the underwriting cycle. Is it really different today than it was 10, 20 or 30 years ago?
Many believe that interest rates, abundance of capital, M&A activity and inflation determine where we are in the insurance underwriting cycle. This may not be the case. In order to complete the picture, one must look at underwriting behavior and confidence. In our industry, many are more focused on the competitive pressures rather than having the self-confidence to enforce a disciplined, consistent and rationale underwriting focus despite where we are in the cycle. Do new tools like data analytics help with this confidence?
This panel will focus on the true impact and factors that influence insurance product pricing.
- Moderator:
Kevin Madigan, Director, Willis Towers Watson
Panelists:
Eduard Pulkstenis, Executive Vice President, Small Business and Programs, Hamilton USA
Greg Hendrick, Chief Executive Reinsurance, XL Catlin
Contributors
-
Kevin Madigan
Kevin is a P&C risk, actuarial, and underwriting professional, with experience and expertise in the Insurance Linked Securities market, as well. He's been a Deputy CUO, a chief pricing actuary, managed sidecar portfolios, and provided a broad range of actuarial, risk & capital, and underwriting advisory and assurance services to P&C carriers and their investors. An ACAS and CERA with large account and reinsurance pricing and underwriting experience and broad expertise in many aspects of casualty and property catastrophe risk, ERM, capital modeling and model risk management, Kevin has a PhD and an MA in Mathematics from the University at Albany and a BS in Mathematics from Auburn University.