Some of the unadjusted figures look ok, but when you combine seasonal adjustments, underemployment and lower labour force participation rates, the US looks in worse shape than last month.
Figuring out the future and the now
About David Kirk
Featured Posts
- The “Indemnity Trap”: Why Outdated Legal Models are Deferring the Promise of Parametric Insurance
Parametric insurance is often marketed as the “clean” alternative to traditional risk transfer. The pitch is compelling: if a hurricane hits a specific GPS coordinate… Read more: The “Indemnity Trap”: Why Outdated Legal Models are Deferring the Promise of Parametric Insurance - The Complexities of Comparing SCR Cover Ratios Across Insurers
In the insurance industry, we often use Solvency Capital Requirement (SCR) cover ratios as a key metric for comparing insurers’ financial strength. While these ratios… Read more: The Complexities of Comparing SCR Cover Ratios Across Insurers - One answer could be pet insurance
I firmly believe major demographics shifts are going to have massive social, political, economic, financial market and commercial impacts in the coming decades. The balance… Read more: One answer could be pet insurance - A piece of the failure puzzle – decreasing insurer failure rates through Skilled Person Reviews
Every failure hits policyholders’ savings or cover, impact their lives and their livelihoods. They destroys shareholder value and decrease confidence in the entire financial sector.… Read more: A piece of the failure puzzle – decreasing insurer failure rates through Skilled Person Reviews - How and why insurers fail
I’ve been updating my presentation from 2021 on “How and Why Insurers Fail”. I now estimate the annual failure rate (or at least getting into… Read more: How and why insurers fail - The hidden dangers of opinion shopping and trusting good news.
I had a recent discussion on the value of getting a second opinion. There’s the old line that “if you want five opinions, ask three… Read more: The hidden dangers of opinion shopping and trusting good news. - 40,000
40,000. That’s the ballpark figure I usually work with as the minimum number of micro insurance policies required for scale. The expenses of running even… Read more: 40,000
Categories
- Actuarial and Risk
- alternative investments
- banking
- Basel III
- book reviews
- business tools
- capital
- capital structure
- climate change
- communication
- competition
- complexity
- costofcapital
- creating value
- credit risk
- currency risk
- customer value
- data analysis
- Demography
- distribution
- economics
- Embedded Value
- Emerging Markets
- emerging risk
- employe share options
- energy
- Equity Risk Premium
- Featured
- financial reporting
- financial risk
- FinTech
- future studies
- GRC
- healthcare
- hedging
- hyperselection
- IFRS17
- inflation
- insight
- insurance
- InsurTech
- investments
- legal risk
- Life in Hotels
- life insurance
- liquidity risk
- managing uncertainty
- market risk
- marketing
- measurement
- microinsurance
- modelling
- New Business Margin on Revenue
- news
- operational risk
- optimisation
- Predictions
- predictive modelling
- private equity
- product & pricing
- property
- regression
- regulatory risk
- remuneration strategies
- Solvency Assessment and Management
- Solvency II
- statistics
- systemic risk
- technology
- Uncategorized
- unemployment
- valuation
Leave a Reply