We have generally used a continuation of the current environment as our base assumption. But now, with the encouragement of the NY DFS, that is being treated as worse than “Moderately Adverse” scenario. Insurers need to develop a robust set of stress scenarios to test reserve adequacy that include continuation of current conditions and a variety of variations in experience, not just interest rates.
AI in Investing: Enhancing Risk Strategy
Vector Borne Illnesses
Scenario Planning in 10 Steps
Zero Cash Flow Assets
Overconfidence
The Power of AI to Revolutionize Actuarial Work
Risk Beliefs
Cybercrime - Most Dangerous Risk of 2024
Permafrost
Regime Change - Scenarios
Interest Rate Risk for Insurers
Dangerous Risks 2024: Return to Normal Concerns
No Free Lunch
RiskMaster Cheat Code
Water, Water Everywhere
Achieving Resilience
Using Risk Appetite: Contrarian Views
Regime Changes lead to New Normal
Leverage: The Flip Side of Risk Management
Climate Migration
Create your
podcast in
minutes
It is Free
Bank of America Treasury Insights
Human Capital Leadership
The Power of Music Thinking
BusinessWISE
3 Takeaways