Risk Management and Insurance

Pick a US-based, publicly traded insurance company. You are to produce a report about the company you chose that includes the following:

Company News

A Chart of the Company’s Stock Performance

Accounting Ratio Analysis (see other document)

A Description of the Company

What YOU Find Interesting About the Company

The Company’s Competitors

The Future Outlook for This Company

Anything Else You Find Relevant

ALL MATERIAL MUST BE FROM September 30, 2013 and following.

I will not “pre-grade” your paper. You are to make your own judgment, although you can ask questions in class so that everyone may benefit from the answer.

Here are the Four Accounting Ratios You Need in Your Paper:

Loss Ratio = (Losses + Loss Adjustment Expenses)/Net Premiums Earned

Expense Ratio = Underwriting Expenses/Net Premiums Written

Return on Equity = Net Income/Owners Equity

Loss Reserves-to-Suplus Ratio = ALL Loss Reserves/Surplus

(Surplus is also known as owners’ equity or net worth)

(Reserves are the sum of claims reserves, case reserves, unpaid losses, UPR)