General Insurance Article - Emerging Trends in Financial Modeling for Risk Management


Insurers use financial models to judge their company's ability to withstand adverse economic or business conditions. These models, and their use in risk management and business planning, are vital.

Lately, we've been hearing consistent themes from many U.S. life insurers when we ask them about their current priorities for their financial modeling. Many companies are feeling challenged by three issues:

•Getting more value from their financial models
•Getting results faster
•Managing financial modeling activities properly in a controlled manner.

Fortunately, practical solutions are available to address these worries and are proving their worth every day. In this video, Cheryl Tibbits and Casey Pursley present these solutions, including:

•Powerful new approaches to get more meaningful analytics from your financial models
•Exciting new methodology that produces results faster, so you can actually use them to manage your business, and
•Production-ready financial modeling platform considerations to create a controlled, auditable systems environment for proper governance and management of your models.

Back to Index


Similar News to this Story

Warning that gold and jewellery thefts spike in January
Thefts of gold and jewellery peak in the month of January, figures from leading insurer Allianz UK reveal. Claims figures between January 2021 and end
Radical road safety strategy hailed
The AA has welcomed the government’s Road Safety Strategy, which introduces targets for reducing road deaths for the first time in the UK since 2010,
Car insurance premiums continue sliding with 13% annual fall
Comprehensive car insurance premiums have fallen by 13% (£111) during the last 12 months with UK motorists now paying £726 on average, according to th

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.