Consulting Services to Insurance Regulators
November 18, 2020
October 1, 2020
September 22, 2020
Personnel Risks Faced by the Insurance Industry
Written By: Sara Schumacher Published In: SOFE, The Examiner Fall 2020 The insurance industry is not immune to personnel risk. With an ever-changing and volatile job market, coupled with rapid technological advancements and other factors, most notably COVID-19, this risk is becoming more prevalent and cannot be ignored as part of current regulatory examinations. Personnel...
September 14, 2020
A Second Half Story Begins
Authored by: Edward Toy – Senior Manager, Investment Specialist Following on our last Market Briefing from earlier this year (March 11, 2020), to say that we have experienced a roller coaster ride in the last six months would be an obvious understatement. The impact of the pandemic on the US economy was severe and we...
June 23, 2020
May 22, 2020
The Financial Crisis- Solvency Lessons for Today’s Environment
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May 14, 2020
The Use of Advanced Predictive Analytics for Rate Making in Insurance
Authored by: Kemi Akinyemi and Ben Leiser Published in SOA: Actuarial Technology Today, May 2020. The Society of Actuaries Actuarial Innovation & Technology Program Steering Committee engaged Risk & Regulatory Consulting LLC (RRC) to conduct research on the intersection of U.S. insurance ratemaking and analytics techniques in advanced modern rating systems and associated regulatory considerations...
April 22, 2020
March 19, 2020
The Use of Big Data and Data Analytics to Enhance Insurer Operations in Asia-Pacific
Written By: Veronika Cooper Published In: SOFE, The Examiner Spring 2020 In 2019, Risk & Regulatory Consulting, LLC authored a study sponsored by the Society of Actuaries (SOA) that covered the extent of the use of Big Data or Data Analytics to enhance insurer operations, including sales, distribution, product development, underwriting, and claim management within...
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RRC’s Comments Regarding the Draft Template that State DOIs may use to Assist in Assessing the Impact of COVID-19 on 2021 ACA Rates