Search: 01 May 2020

Marsh & McLennan looks to avoid ‘blunt instrument’ of pay cuts

Marsh & McLennan Cos. Inc. is looking to other options rather than pay cuts to keep on top of expenses during the COVID-19 pandemic, but its bonus pool may shrink, the firm’s top executive said April...

How (and why) to read a NAIC U.S. Statement of Actuarial Opinion (Property/Casualty)

  By Grover Edie Loss Reserves are generally the largest liability listed on an insurance company’s balance sheet. Loss Reserves are the amounts set aside to pay for claims that have already occurred...

Stay-at-home mandate and more…

  To be perfectly honest, the stay-at-home mandate hasn’t been terrible for me. Although I would love to get out of the house more, I have nowhere to go. So, I stay home, walk the dog, read, and...

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