A playbook with 45 analyses for a Property & Casualty Insurance company
Each analysis includes:
- Goal of the analysis
- Data required
- Detailed step-by-step instruction on how to conduct the analysis
- Format of the output of analysis
- How to interpret results
- Steps a company can take to improve on the measure
In this guide you'll learn the following 45 analyses across seven categories:
Table of Contents
A. Underwriting
- Loss Ratio Analysis
- Expense Ratio Analysis
- Underwriting Profitability and Combined Ratio Analysis
- Pricing Adequacy Analysis
- Segmented Loss Frequency and Severity Analysis
- Policy Retention Rate Analysis
- New Business Growth Rate Analysis
- Geographic Risk Concentration Analysis
- Product Line Profitability Analysis
- Underwriting Cycle Position Assessment
- Underwriting Risk Selection Accuracy Analysis
- Risk Appetite Alignment and Underwriting Discipline Analysis
- Renewal Rate Analysis by Product Line
- Policy Limits and Deductibles Analysis
B. Claims Management
- Claims Reserve Development Analysis
- Claims Settlement Speed and Efficiency Analysis
- Claims Fraud Detection and Prevention Analysis
- Severity Trend Analysis by Line of Business
- Claims Litigation Frequency and Cost Analysis
- Claims Settlement Reserve Variability Analysis
- Claims Ratio by Broker vs. Direct Channel Analysis
- Large Loss Impact on Profitability Analysis
- Claims Frequency Benchmarking by Region
C. Risk Management
- Catastrophe Exposure Analysis
- Integrated Reinsurance Strategy and Cost Efficiency Assessment
- Environmental and Climate Risk Exposure Analysis
- Exposure-Based Pricing Sensitivity Analysis
- Comprehensive Capital Adequacy and Solvency Analysis
- Exposure Management and Aggregation Analysis
- Catastrophic Claims Load Sensitivity Analysis
- Social Inflation Impact Analysis on Claims
- Layered Reinsurance Utilization Analysis
D. Finance
E. Operations
F. Sales & Marketing
G. Regulatory & Compliance