Demotech, Inc. prides itself on its ability to identify emerging issues and leading edge opportunities. On the topic of property and casualty insurance loss reserves, we studied 1,921 insurance companies and formed an opinion. We spoke out in the August 6, 2003 edition of the Insurance Journal.
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Demotech used its Financial Stability Analysis Model to analyze 2,053 property and casualty insurance companies that reported complete year-end 2000 information to the National Association of Insurance Commissioners (NAIC). Demotech predicted that during the period January 1, 2001 through December 31, 2002 there will be no more than 65 property and casualty insolvencies among the 2,053 property and casualty insurance companies they reviewed.
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When the September 10, 2001 issue of the Insurance Journal carried Demotech, Inc.'s predictions on the maximum number of insolvencies that would occur in the property and casualty insurance industry over the period January 1, 2001 through December 31, 2002, who would have speculated that September 11, 2001 would be one of the darkest days in American history? It seemed appropriate to see how our prognostication was holding up.
CPCU Forum:
Can you afford not to Continue Learning?
by Sharon M. Romano
Professional development is a recurring topic at Demotech. The American Institute for Chartered Property Casualty Underwriters (AICPCU) and the Insurance Institute of America (IIA) have been amazing sources of education for professional development.
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This list is similar to other strategists’ Top 10 lists for 2004, although we prefer to couch our list in the context of “known unknowns,” a phrase made famous by Secretary of Defense Donald Rumsfeld.
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I’m tired of hearing multimillionaire entrepreneurs try to convince others that they made their money by being lucky. It just isn’t so. Each profession has its rules and processes for reaching desired outcomes. Why would an entrepreneur be any less dependent upon recipes and formulas for success than anyone else?
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NATIONAL HOCKEY LEAGUE NEWS
Experience NHL and AFL in Columbus
As you browse the articles, see if your schedule permits a visit to Nationwide Arena to watch the Columbus Blue Jackets of the National Hockey League or the Columbus Detroyers of the Arena Football League. Demotech has seats for all games and we invite you to contact us regarding availability. The tickets are offered for your enjoyment, not as an obligation to talk business. We offer you the opportunity to enjoy the thrill of these live sporting events from some of the best seats in the arena.
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TECHNOLOGY TIPS
Rename a Batch of Files
Renaming a number of files in Windows can seem tedious. It does not have to be, Windows can rename a group all in one effort.
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