Caught in the middle

Many primary insurers have been merely conducting business as usual in a persistently soft market. Meanwhile, reinsurers have invested in research and development to identify new or unusual demands and create new products. This pursuit derives from the fact that primary insurers frequently did not a...

Full description

Saved in:

Bibliographic Details
Published in:	Best's review (Property/casualty insurance ed.) Vol. 99; no. 10; p. 71
Main Author:	Gebhardt, Klaus A
Format:	Magazine Article
Language:	English
Published:	Oldwick A.M. Best Company 01-02-1999
Edition:	Property/casualty insurance edition
Subjects:	Creativity Customers Guidelines Hedging Product development Product lines Property & casualty insurance Reinsurance Risk management Underwriting United States > US
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Description
Summary:	Many primary insurers have been merely conducting business as usual in a persistently soft market. Meanwhile, reinsurers have invested in research and development to identify new or unusual demands and create new products. This pursuit derives from the fact that primary insurers frequently did not ask customers the right questions or translate customer demand into new products. Gaurav Ghandari, vice president of the insurance products group for Goldman, Sachs & Co., outlined one way a company can develop an optimal risk management strategy at the 10th annual Arkwright Global Symposium last February. These guidelines are presented.
Bibliography:	ObjectType-Article-1 content type line 24 SourceType-Magazines-1
ISSN:	0161-7745