Property and casualty insurance

Reserving quandaries for the sharing economy
By Dana S. Ryan | 02 August 2019

With the rise of vacation rentals and the risks they pose, insurance for hosts is an opportunity insurance companies should be looking into.
Mortgage Default Index, 2019 Q1
By Jonathan B. Glowacki, Judith-Anne Lesko | 30 July 2019

Quarterly publication will evaluate default risk of U.S. mortgages delivered to Freddie Mac, Fannie Mae, and Ginnie Mae.
The Ridgecrest earthquake: Will recent quakes shake up the California insurance market?
By David Evans, Eric J. Xu, Cody Webb | 19 July 2019

Coverage for earthquakes isn’t provided by homeowners policies in California, and the lack of it poses a risk to the largest assets of many state residents: their homes.
Dockless e-scooter sharing programs: Who pays when accidents happen?
By Abby L. Sternberg, Anthony Pinello | 18 July 2019

With e-scooter accidents on the rise, insurance gaps need immediate attention and innovative solutions for on-demand, usage-based transportation.
Prevented planting: Midwest flooding carves out uncharted terrain for crop insurers
By Carl X. Ashenbrenner | 16 July 2019

How will rain and lingering flooding in the Midwest farm belt affect farmers’ choice of planting and insurers’ crop insurance losses?
EIOPA thematic review: Big Data Analytics in insurance
By Matthew McIlvanna, Eamonn Phelan, Eoin O Baoighill | 08 July 2019

This briefing note summarises EIOPA’s recent report on its thematic review of the uses of big data analytics in motor and health insurance.
Considerations for predictive modeling in insurance applications
By Eileen S. Burns, Anders Larson, Robert J. Meyer, Zohair Motiwalla, Guy Yollin | 25 June 2019

What are the best ways to implement predictive modeling into relevant areas of actuarial practice?
Emerging risks and opportunities in insurance: Technology and innovation
By George Barrett | 17 June 2019

This paper describes how innovation can lead to risks for insurance companies and gives insight on how to stay one step ahead.
Applications of data science to non-life reserving
By Rémi Bellina, Loup Ortiz | 17 June 2019

This paper explores data science applications in reserving from data management through to analysis and all the way to reporting.
Milliman UK Insurtech Newsletter: 2019 Q1
By Marc Smillie, George Barrett | 17 June 2019

This paper investigates innovation in the global insurance market driven by insurtech, and considers the emerging risks faced by insurance companies.

See More Articles

28 May 2019
Reviewing Actuary: Expectations versus reality
In this presentation given at the Society of Actuaries in Ireland’s Annual Convention, Aisling Barrett and Eoin King discuss their experience of the Reviewing Actuary role (having both been part of teams performing the review as well as being part of teams subject to review by another Reviewing Actuary).
13 May 2019
How autonomous driving features rank against human drivers
This paper provides a statistical framework to study whether—and by how much—an autonomous car drives better than a human being.
13 May 2019
Critical Point Episode 12: Could cyber risk be the next “Big Short”?
A cyberattack has the potential to disrupt the world economy, but a new risk management paradigm can help protect against vulnerabilities for insurers and businesses.
09 May 2019
Climate change is making Americans anxious. Insurers can help.
As the impact of extreme weather on communities increases, consumers are turning to media and the internet to learn how to protect their families, homes, and property, and insurers can play an active role in educating these consumers.
09 May 2019
Wading into the private insurance market
This articles explores some questions and challenges for aspiring U.S. private flood insurers.
07 May 2019
A quantum leap in benchmarking P&C risk margins under Solvency II
Since the advent of Solvency II, insurers are faced with a number of challenges that can have a potential impact on determining the economic value of their liabilities.
23 April 2019
Blockchain and insurance
This report explains blockchain technology together with some of its current uses.
09 April 2019
Which highway safety factors have the strongest association with injury?
Recently, Milliman challenged its actuaries and data scientists to use the National Highway Traffic Safety Administration’s publicly available database on crash data to model which highway safety factors have the strongest association to crashes that involve one or multiple injuries.