Case Reserves vs. IBNR: What’s the Difference?
Learn how case reserves and IBNR are estimated, how they interact, and why reserving accuracy matters for insurer solvency and compliance.
P&C Insurance Trends Insurers Need To Watch in 2026
Explore the P&C insurance trends defining 2026: AI-driven underwriting, rising catastrophe losses, and the emerging risks insurers should watch.
Loss Development Factor: A Practical Guide for Property and Casualty Insurance
Understand loss development factors (LDF) with simple explanations, formulas and examples, including how actuaries use them to estimate future claims.
Please join L&E at the following upcoming events:
We are not currently scheduled to attend any upcoming events.
More Articles
Minnesota becomes the latest state to adopt NAIC annuity model
In May, lawmakers in the state of Minnesota became the latest group of legislators to officially adopt a version of the suitability in annuity transactions model put forth by the National Association of Insurance Commissioners in 2010. They did so without a need for the governor's signature.
More workers to receive benefits through healthcare exchanges
The Affordable Care Act has already fundamentally changed the way in which employers will provide health insurance coverage to their workers in the future, but new data suggests the same may be true of other benefits as well.
Young people key to ACA success, but desire to enroll is in question
The Affordable Care Act's coverage mandate goes into effect at the start of next year. Because of this looming date, many are now turning their attention to young people's reaction to the idea that they have to carry insurance policies, which most do not currently have.
Higher rates could pose problems for life insurers
Persistent, low interest rates have wreaked havoc on many life insurers' bottom lines in the last few years, but now that rates are starting to rise, that could create a different type of concern for these companies. As such, many may want to assess all of their investment options before making any major decisions.
Few small businesses offer voluntary insurance, other benefits
While studies have shown that many companies are making a number of different benefit options available to their employees, this may not be particularly true of small businesses. Consequently, this might present insurance companies with considerable opportunities for growing their business.
Millennials may present substantial annuities market opportunity
Annuity issuers may now be looking for new ways to expand their books of business, and it could be wise to target the youngest generation of adults now, as the vast majority have no retirement savings opportunities available to them at the present time.
Collateral needs on the rise for life insurance companies
There have been a number of regulatory changes to the entire insurance industry in the last few years as the government has moved to put tighter controls into place. That trend continued in June, as life insurers were required to carry far more collateral and liquidity.
Industry-wide life insurance activity continues to drop
Consumers have been reducing their reliance on life insurance policies significantly in the time since the end of the recession, but even repeated economic improvements over the last few years seem not to have served as much of a motivator for many to get back on the horse.
Will life insurers have to start charging higher premiums?
Life insurance companies have had a difficult time maintaining business in the past few years as a result of the economic downturn and many consumers turning away from these products because they viewed them as luxuries rather than necessities. Now, more trouble might be on the horizon, this time in the form of potentially massive regulatory changes.
Most Americans aware of ACA requirements, but uninsured still lack knowledge
The Affordable Care Act's coverage mandate is just months away from going into effect, and while most Americans are fully aware of what's required of them under the legislation, this is not necessarily the case with those lacking insurance.