Strategic Planning and Modeling in Property-Liability Insurance

Strategic Planning and Modeling in Property-Liability Insurance

Author: J. David Cummins

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 321

ISBN-13: 9400956584

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The Geneva Association and Risk Economics The Geneva Association The Geneva Association (International Association for the Study of Insurance Economics) commenced its activities in June 1973, on the initiative of twenty-two members in eight European countries. It now has fifty-four members in sixteen countries in Europe and in the United States. The members of the association are insurance companies which provide financial support for its activities. The aims and strategy of the Geneva Association were clearly defined in 1971 by the founding committee. They were set forth in the first report to the Assembly of Members in 1974: "To make an original contribution to the progress of insurance by objective studies on the interdependence between economics and insurance." In pursuit of this objective, the Association strives to place insurance problems in the context of the modern economy and to overcome the antagonism between different groups and institutions by showing that they all have a common interest in tackling the problem of risk in a changing world. In consequence, the studies made by the Association had to move away from the subjects familiar to insurance professionals and explore related fields, dealing with opinions and behavior falling outside the profession's vii FOREWORD viii traditional framework of analysis. It is in this direction that the Association's preoccupations have been directed from the beginning, towards areas in which insurance activities come into contact with those of other economic sectors such as government, banking, manufacturing, and households.


Strategy Beyond the Hockey Stick

Strategy Beyond the Hockey Stick

Author: Chris Bradley

Publisher: John Wiley & Sons

Published: 2018-02-06

Total Pages: 256

ISBN-13: 1119487625

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Beat the odds with a bold strategy from McKinsey & Company "Every once in a while, a genuinely fresh approach to business strategy appears" —legendary business professor Richard Rumelt, UCLA McKinsey & Company's newest, most definitive, and most irreverent book on strategy—which thousands of executives are already using—is a must-read for all C-suite executives looking to create winning corporate strategies. Strategy Beyond the Hockey Stick is spearheading an empirical revolution in the field of strategy. Based on an extensive analysis of the key factors that drove the long-term performance of thousands of global companies, the book offers a ground-breaking formula that enables you to objectively assess your strategy's real odds of future success. "This book is fundamental. The principles laid out here, with compelling data, are a great way around the social pitfalls in strategy development." —Frans Van Houten, CEO, Royal Philips N.V. The authors have discovered that over a 10-year period, just 1 in 12 companies manage to jump from the middle tier of corporate performance—where 60% of companies reside, making very little economic profit—to the top quintile where 90% of global economic profit is made. This movement does not happen by magic—it depends on your company's current position, the trends it faces, and the big moves you make to give it the strongest chance of vaulting over the competition. This is not another strategy framework. Rather, Strategy Beyond the Hockey Stick shows, through empirical analysis and the experiences of dozens of companies that have successfully made multiple big moves, that to dramatically improve performance, you have to overcome incrementalism and corporate inertia. "A different kind of book—I couldn't put it down. Inspiring new insights on the facts of what it takes to move a company's performance, combined with practical advice on how to deal with real-life dynamics in management teams." —Jane Fraser, CEO, Citigroup Latin America


Your Strategy Needs a Strategy

Your Strategy Needs a Strategy

Author: Martin Reeves

Publisher: Harvard Business Review Press

Published: 2015-05-19

Total Pages: 281

ISBN-13: 1625275870

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You think you have a winning strategy. But do you? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win—or forget about a sustainable competitive advantage altogether? In a business environment that is changing faster and becoming more uncertain and complex almost by the day, it’s never been more important—or more difficult—to choose the right approach to strategy. In this book, The Boston Consulting Group’s Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right. They show how existing strategy approaches sort into five categories—Be Big, Be Fast, Be First, Be the Orchestrator, or simply Be Viable—depending on the extent of predictability, malleability, and harshness. In-depth explanations of each of these approaches will provide critical insight to help you match your approach to strategy to your environment, determine when and how to execute each one, and avoid a potentially fatal mismatch. Addressing your most pressing strategic challenges, you’ll be able to answer questions such as: • What replaces planning when the annual cycle is obsolete? • When can we—and when should we—shape the game to our advantage? • How do we simultaneously implement different strategic approaches for different business units? • How do we manage the inherent contradictions in formulating and executing different strategies across multiple businesses and geographies? Until now, no book brings it all together and offers a practical tool for understanding which strategic approach to apply. Get started today.


1992-Planning for Financial Services and the Insurance Sector

1992-Planning for Financial Services and the Insurance Sector

Author: Eurofi plc

Publisher: Elsevier

Published: 2016-06-06

Total Pages: 272

ISBN-13: 1483102785

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1992 - Planning for Financial Services and the lnsurance Sector aims to discuss important European laws and their implications for the policies of institution that render financial and insurance services. The book covers topics such as the Single European Act and its effects; company laws, mergers and acquisition, and corporate taxes; and the liberalization of capital movement, capital flows, and the European money system. Also covered are topics such as banking and insurance services in the community; the internal market, its policies, and security; and the implications of a single European market for financial services. The text is recommended for economists as well as financial and political analysts who would like to know more about the European market and the policies that govern it.


ITJEMAST V13(1)2022 Research Articles

ITJEMAST V13(1)2022 Research Articles

Author:

Publisher: International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies

Published: 2022-01-03

Total Pages: 241

ISBN-13:

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2022 published articles from ITJEMAST (https://tuengr.com/Vol13-1.html) Organizational Backstabbing Techniques Roles of Self-Efficacy in Using Social Networking to Improve Productivity Influences of Intangible Needs on the Architectural Expression of Tangible Culture Heritage: Comparative Study between Mosque and Church Evolution of Corporate Governance in Russian Transparent Market Environment Internet of Things Application in Controlling the Coronavirus Disease Spread in Hajj Season Impacts of Perceived Care Quality on Psychological Wellbeing of Cancer Patients Recycling of Animal and Bird Waste Helped by Black Lion Fly Larvae Investigating Criminal Thinking Behavior and Interpersonal Reactivity among Adolescents: A View of Dark Personality Triad Analysis of the Activities of Religious Youth Organizations: the Civil-Patriotic Direction of Education A Hybrid New Gravitational Coefficient Function of Gravitational Search Algorithm with Mutation for Search Performance. Development Phases of the Larva of the Black Soldier Fly Hermetia Illucens on the Metabolic Byproducts of Monogastric Animals and Birds The Distribution Service Pricing for Third-Party Access to Preserve the Responsibility of National Distribution Service Operator in Thailand: The Case of Industrial Estates Composition Optimal Marketing Strategy Using a Combination of Fuzzy Hierarchical Analysis Technique and SWOT Analysis for a Case of the Insurance Industry Anatomical and Topographic Features of the Major Masticatory Muscle in Sheep Redesigning the Base Eye of a Telescopic Hydraulic Cylinder with Topology Optimization Method Conceptual Approaches to the Development of the Mechanism of Effective Interaction Between Business and Government in Russia Dialectical Analysis of Sustainability Assessment Framework in India for Agenda 2030 Location Selection Model for a Dental Clinic in a Low to Medium Rent Commercial Building A Qualitative Study of Women Entrepreneurs in Education Sector in Punjab Petroleum & Mineral Geochemistry of Pyroxene & Plagioclase in Eocene Basin Volcanic Rocks of Baladeh Region of Central Alborz of Iran Hemostatic Profile of Holstein Heifers Depending on Age


The European Insurance Industry

The European Insurance Industry

Author: Antonella Cappiello

Publisher: Springer Nature

Published: 2020-03-04

Total Pages: 130

ISBN-13: 3030431428

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This book analyses the methodologies and functions of a systemic approach to risk governance and internal control capable of tackling the complexity of the insurance business. It focuses on the main trends currently impacting the insurance industry, characterized by new operators, new products and services, new tools, new styles of competition, and new risks. It provides tips and empirical contributions addressing the role of sound internal control and risk management models within an ongoing revision of prudential regulation to better deal with the evolving scenario where insurance activities are becoming increasingly risky and complex. The book is of particular interest to scholars and students of insurance and financial services and practitioners in the insurance industry.


The Application of Emerging Technology and Blockchain in the Insurance Industry

The Application of Emerging Technology and Blockchain in the Insurance Industry

Author: Kiran Sood

Publisher: CRC Press

Published: 2024-02-20

Total Pages: 396

ISBN-13: 1003811477

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This book is a unique guide to the disruptions, innovations, and opportunities that technology provides the insurance sector and acts as an academic/industry-specific guide for creating operational effectiveness, managing risk, improving financials, and retaining customers. It also contains the current philosophy and actionable strategies from a wide range of contributors who are experts on the topic. It logically explains why traditional ways of doing business will soon become irrelevant and therefore provides an alternative choice by embracing technology. Practitioners and students alike will find value in the support for understanding practical implications of how technology has brought innovation and modern methods to measure, control, and evaluation price risk in the insurance business. It will help insurers reduce operational costs, strengthen customer interactions, target potential customers to provide usage-based insurance, and optimize the overall business. Retailers and industry giants have made significant strides in adopting digital platforms to deliver a satisfying customer experience. Insurance companies must adjust their business models and strategies to remain competitive and take advantage of technology. Insurance companies are increasingly investing in IT and related technologies to improve customer experience and reduce operational costs. Innovation through new technologies is a key driver of change in the financial sector which is often accompanied by uncertainty and doubt. This book will play a pivotal role in risk management through fraud detection, regulatory compliances, and claim settlement leading to overall satisfaction of customers.


A Guide to Insurance Management

A Guide to Insurance Management

Author: Stephen Diacon

Publisher: Springer

Published: 2016-07-27

Total Pages: 355

ISBN-13: 1349074950

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This book makes a substantial contribution to the general level of management education in insurance by providing a comprehensive review of the main issues facing the management of insurance enterprises. Nineteen authors with considerable practical as well as academic experience have collaborated to give an international perspective in areas such as strategy, corporate planning, organisation and staffing, costing, underwriting and premium rating, marketing, reserving and investment, profit analysis, and regulation.


Strategic Planning in the Airport Industry

Strategic Planning in the Airport Industry

Author: Ricondo & Associates

Publisher: Transportation Research Board

Published: 2009

Total Pages: 134

ISBN-13: 030911814X

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TRB's Airport Cooperative Research Program (ACRP) Report 20: Strategic Planning in the Airport Industry explores practical guidance on the strategic planning process for airport board members, directors, department leaders, and other employees; aviation industry associations; a variety of airport stakeholders, consultants, and other airport planning professionals; and aviation regulatory agencies. A workbook of tools and sequential steps of the strategic planning process is provided with the report as on a CD. The CD is also available online for download as an ISO image or the workbook can be downloaded in pdf format.


Plunkett's Insurance Industry Almanac

Plunkett's Insurance Industry Almanac

Author: Jack W. Plunkett

Publisher: Plunkett Research, Ltd.

Published: 2006-11

Total Pages: 472

ISBN-13: 1593920636

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Covers the business of insurance and risk management, and is a tool for market research, strategic planning, competetive intelligence or employment searches. This book contains trends, statistical tables and an industry glossary. It also provides profiles of more than 300 of the world's leading insurance companies.