This week’s episode is a particularly technical one. The guys cover M&D, written and earned premiums, how firms calculate exposure, judging underwriter performance, and all kinds of reinsurance ratios. As a reward for having your brain stuffed with reinsurance nerdiness, we finish on a classic game of Frisk Risk!
CONNECT & SUPPORT:
Website: https://www.supercede.com
LinkedIn: https://www.linkedin.com/company/supercedehq
Twitter: https://twitter.com/SupercedeHQ
YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q
RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss
OUTLINE & TIMESTAMPS:
00:00 Intro
02:48 Pre-empting Insurance Requirements
04:50 Minimum and Deposit (M&D) Premiums
07:20 Written & Earned Premium
08:57 Calculating Exposure
13:35 How Much Risk to Keep & How Much to Offload
16:18 Combined Ratio, Investment Income, Expenses & Losses
21:28 Judging the Performance of Underwriters
26:03 Frisk Risk: Building on Fire
