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2022 P&C Underwriting Profitability Seen Worsening as Inflation, Hard Market Persist

Triple-I: Business Insurance

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. for 2022, up 1.2

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How to Not Suck at Being an Insurance Agent

Redbird Agents

A high turnover rate in the insurance industry is often due to unrealistic expectations about the career path, lack of initial support or training, difficulty in building a sufficient client base, and the stress related to income instability. What type of insurance agent? Why is selling life insurance hard?

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Actuarial Studies Advance Discussionon Bias, Modeling, and A.I.

Triple-I: Homeowners Insurance

The Casualty Actuarial Society (CAS) has added to its growing body of research to help actuaries detect and address potential bias in property/casualty insurance pricing with four new reports. The latest reports explore different aspects of unintentional bias and offer forward-looking solutions.

Risk 59
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The Pressures of Operational Optimization

Majesco

US commercial Property and Casualty insurers have obtained incredibly high results in avoiding water, non-weather losses, using IoT solutions for risk prevention. We are starting to see it on homeowners insurance. Insurers are giving devices to policyholders that address these problems in order to improve the loss ratio.