Purpose is a strong potential differentiator for insurers. But, since the pandemic, the industry has experienced an erosion of consumer trust and confidence. Repositioning as a force for […]

How insurers engage customers and the channels they use for distribution and service will change just as dramatically. In many cases, the “face” or “front door” of insurance […]

Free on Board (FOB) is a shipment term that defines the point in the supply chain when a buyer or seller becomes liable for the goods transported. Purchase […]

What Is IRR? IRR, or internal rate of return, is a metric used in financial analysis to estimate the profitability of potential investments. IRR is a discount rate that makes […]

What Is the Liquidity Coverage Ratio (LCR)? The liquidity coverage ratio (LCR) refers to the proportion of highly liquid assets that financial institutions must hold to ensure that […]

What Is Pro Rata? Pro rata is a Latin term used to describe a proportionate allocation. It translates to “in proportion.” It’s a process in which an allocated […]

What Is Financial Risk Management? Financial risk management involves identifying the potential downsides in any investment decision and deciding whether to accept the risks or take measures to […]

What Is Underwriting? Underwriting is the process through which an individual or institution takes on financial risk for a fee. This risk most typically involves loans, insurance, or […]

What Is an Insurance Premium? An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid on policies […]

Swiss Re’s annual publication outlining emerging risks, based on the early signals it gathers throughout the year, is meant as a “conversation starter” for the re/insurance industry, the […]