iStock000011629623XSmall.jpg

Insurance Regulation

Sustainable Insurance

Much of the discussion about environmental, climate, social and governance issues has been about what costs private business should assume to address them - yet another obstacle to business success.  More recently, the conversation has been shifting to “sustainable development.”  This concept recognizes that some business activities create “externalities,” i.e., social costs not covered in product prices (e.g., pollution) and/or may negatively influence the potential for future ...

full story
476-78460325.jpg

Market Trends

A New World of Opportunity

We live in a world of continuing crisis and upheaval in the physical world, economics, politics and social infrastructure – a world of threat and uncertainty.  The insurance industry thrives on managing risk and uncertainty, but only if it can use its skills to price the uncertainty.  The International Insurance Society’s 47th Annual Seminar in Toronto, June 19-22, 2011 provided many examples of opportunities for the insurance industry to leverage today’s uncertainties into new business

full story
iStock000018638272XSmall.jpg

Global Insurance Directory

Global Statistics

Generate customized, comprehensive reports detailing the latest official statistics available and over ten years of historical data for over 170 countries.  Data includes written premiums by line of business for each country, combined ratios, country and company rankings, insurance penetration and economic data, building an accurate picture of market returns.

full story
iStock000014467223XSmall.jpg

Reinsurance as a Capital Management

Inflation and Insurance

Because of the long term nature of insurance contracts, pricing, reserving and investment policy are very sensitive to inflation trends and experience.  We are currently living in a low and relatively stable inflation environment.  The industry is generally able to adapt to inflation changes that occur in gradual cycles with limited peaks and valleys.  It is the sudden movements that create the problems.  Although the industry has survived through rapid movements and extremes in the ...

full story
87400419.jpg

Strategic Risk Capital Management

Strategic Risk Capital Management

1. What are good models for combining strategic, risk, capital and financial analysis organizationally? 2. What are the prospects for effective global convergence of accounting, regulatory and performance measurement standards? 3. What are the implications of standard convergence on insurance company strategic, risk, capital and financial management? 4. How have ERM developments helped to integrate measurement methods? 5. How will these changes provide new product/market opportunities for insurers?

full story

Featured Videos

IIS 47TH ANNUAL SEMINAR IN TORONTO

View presentations from global insurance leaders, first-rate unpublished research on the vital issues facing the industry and join in dynamic discussion groups amongst the international insurance community.More

ABOUT IIS

The IIS, founded in 1965, is the world’s largest and most prestigious industry organization, with almost 900 members representing global insurance leaders, international regulatory authorities and worldwide insurance scholars from over 90 countries.  Our mission is to facilitate cross-border exchange of ideas, development of global personal networks and to initiate practical and original research addressing critical issues facing the industry through the Shin Research Excellence Awards program. In ...More

RESEARCH REVIEW

A FIRM FOUNDATION: HOW INSURANCE SUPPORTS STATE ECONOMIESInsurance Information Institute, New York, New York http://www.iii.org ; Page N/A 
May 27, 2011   The Insurance Information Institute (I.I.I.) has recently updated several state editions of “A Firm Foundation:How Insurance Supports the Economy” (www.iii.org/economics). The publications focus on the insurance industry’s role as a key player in providing jobs, defraying the cost of disasters, and investing in state municipal bonds, ...More