Though the insurance industry as a whole has fared somewhat well during the current financial crisis, a report out today says P/C insurers haven’t been so lucky. A.M. Best has reported a surprising drop in net income of 87% for the U.S. P/C insurance sector during the first quarter of 2009. The report states that: Net [...]
Related Topics:
AM Best,
Rating Agencies
Let’s hear it for Jesper Andersen and Toby Segaran, two geniuses who saw an opportunity after AAA-rated companies began to fail in the midst of the economic collapse. Their solution? Sounds obvious – a more effective corporate credit risk modeling system. So the two entrepreneurs and analytics gurus put their heads together to form freerisk.org, which is: a [...]
Related Topics:
AM Best,
Jesper Andersen,
Moody's,
Rating Agencies,
Standard & Poor's,
Toby Segaran
