Welcome to Insurance Covered! The podcast that looks at the inner workings of the insurance industry in a short and easy to follow format. Each week we explore an insurance related topic with the help of expert guests from across the market.
Whether you’re an industry veteran or new to the insurance world we've got you covered. This podcast is a survivor's guide on what's going on in the market. A quick and easy way to keep up with the latest trends and learn more about different insurance related topics, from MGA's and micro insurance to upcoming trends and developments like ESG exposures. We also take you back in time to explore the rich history of the insurance market.
We hope you enjoy the podcast and if you did, please subscribe!
Hosted on Acast. See acast.com/privacy for more information.
Welcome to Insurance Covered! The podcast that looks at the inner workings of the insurance industry in a short and easy to follow format. Each week we explore an insurance related topic with the help of expert guests from across the market.
Whether you’re an industry veteran or new to the insurance world we've got you covered. This podcast is a survivor's guide on what's going on in the market. A quick and easy way to keep up with the latest trends and learn more about different insurance related topics, from MGA's and micro insurance to upcoming trends and developments like ESG exposures. We also take you back in time to explore the rich history of the insurance market.
We hope you enjoy the podcast and if you did, please subscribe!
Hosted on Acast. See acast.com/privacy for more information.
Welcome to Insurance Covered, the podcast that covers everything insurance.
In this episode Peter is joined finance and accounting expert Stephen Brookson, In this episode we delve into the intricacies of insurance finance, exploring how insurers assess profitability through premiums, claims, and financial metrics. They discuss the unique challenges of estimating costs in the insurance industry, the significance of claims as a major expense, and the complexities of accounting for reserves and loss ratios. The conversation highlights the importance of understanding revenue recognition and the operational costs associated with acquiring business in the insurance sector. This conversation delves into the intricacies of insurance finance, focusing on key metrics such as loss ratios, combined ratios, and the impact of reinsurance. The discussion also covers the recent changes brought about by IFRS 17, investment strategies employed by insurers, and the evolution of accounting practices in the insurance industry. The speakers emphasize the importance of understanding these concepts for better financial decision-making in insurance.
We hope you enjoyed this episode, if you did please subscribe to be notified when new episodes release.
Hosted on Acast. See acast.com/privacy for more information.