IFD: Measuring Insurance Industry and Company Performance

The Scenario (How You’ll Learn):

Your Goal (What You’ll Learn):

As a manager in an insurance company, you are asked to analyze your company’s financial results using financial statements and appropriate ratios and compare them to the results of your largest competitor.

Learn how to evaluate the results compared to the stated plan to assess how well the company performed last year.

The chief financial officer asks you to evaluate trends for your company’s ability to write new business, liquidity, and underwriting profits compared with industry benchmarks.

Using financial reports, evaluate a company’s trends in performance over the last five years.

You must analyze an account with a potentially very large loss exposure and make recommendations while considering the insurer’s capacity and large line capacity.

Learn how to determine if an insurer has the capacity to provide insurance coverage to a client.

A client wants to know why rates have increased despite declines in losses. You must explain the effect of hard markets and insurance cycles to the client.

Confidently explain to your largest client why his/her insurance rates have doubled over the last two years even though his/her company has suffered below average losses.