As industries around the globe face growing political, economic, and environmental challenges, the mutual property/casualty insurance industry remains a strong and vital pillar of the economy.
To understand the effects of current market forces on the mutual insurance industry, NAMIC and Guy Carpenter have collaborated to provide prospective risk assessments across a range of realistic scenarios of concern for the industry: increased hurricane severity; elevated severe convective storm activity; a large scale cyber event; inflation; and stagflation.
The report assesses how different risk exposures affect financial results, a key mandate for leaders of today’s mutual industry as the market focus has shifted from return on capital to return of capital. Managing across sources of risk to grow and protect business while simultaneously maximizing value for policyholders is the inherent challenge for any mutual insurer, and NAMIC is proud to provide the tools to help members stay ahead of risks on the horizon.
Resource Details
Publish Date
March 7, 2023
Topics
- Financial & Accounting Issues
- Severe Weather
Points of Contact
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