Looking into the Future – An Actuarial Perspective

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 Thursday, September 9, 2010 at 2:00 p.m. ET (1:00 p.m. CT)

 Description:
The ongoing soft market for commercial lines still has not relented and we expect it to continue for at least two more years.

The sluggish U.S. economy continues to erode premium in commercial lines, but there is some evidence of a flattening out in claim frequency. To the extent costs begin to accelerate in 2010 and beyond, carriers that maintain soft pricing will sacrifice profits in order to hang on to market share. So we see the insurance cycles’ firm grip on our business remains.
 

This webinar will focus on how fast are costs accelerating and what should we expect in 2010 and beyond.

Managing Principal Joseph A. Herbers will present Pinnacle’s view of the insurance industry from an actuarial perspective and offer prognostications on what’s ahead in the remainder of 2010 and 2011.  

Presenter(s):

Joseph A. Herbers, ACAS, MAAA, is the Managing Principal and founding member of Pinnacle Actuarial Resources, Inc., in the Bloomington, Illinois, office. He holds a Bachelor’s Degree in Mathematics from the University of Missouri. He has more than 24 years of consulting experience and 29 years experience in the insurance industry.

Pinnacle Actuarial Resources, Inc. is offering webinars to provide relevant, thought-provoking and practical ideas and information on current issues in the insurance and financial services community.  Pinnacle's monthly webinars, titled Apex Discussion Series, delivers need-to-know information to your desktop. Gain relevant information and practical ideas distilled for immediate application.Webinars will typically be available on the third Thursday of each month at 2 p.m. ET. and are available free of charge.  Participants will be able to submit questions electronically during the webinars.

About Pinnacle
Pinnacle Actuarial Resources, Inc. is an independent actuarial and management consulting firm owned by its professional staff. Ranking among the top 10 largest property/casualty actuarial firms in the United States, Pinnacle’s reputation for uncompromising professionalism, expertise and outstanding service explains why more and more companies and organizations consider Pinnacle to be the firm of choice for actuarial services.

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