Five key ways to help stabilize the individual and small group health insurance markets in 2018

November 30, 2017

This paper presents five key considerations for promoting market stability for the 2018 and 24319 benefit years under the assumption that they are transitional years where many current ACA rules remain in effect. For the purpose of this paper, market stability is defined as the creation of a marketplace that both insurers and insureds will find worth participating in. This involves striking a balance between protecting insurers from the risks inherent in a market that is in transition and ensuring that consumers have access to meaningful and affordable coverage. Our definition is similar to that used by the Congressional Budget Office (CBO) in its recent report' on the potential impact of the current draft legislation working its way through Congress. The CB0 defines stability as "having insurers participating in most areas of the country and on the likelihood of premiums' not Sing in an unsustainable spiraL"

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MetLife Hong Kong

MetLife Limited (MetLife Hong Kong) is a wholly-owned subsidiary of MetLife, Inc., one of the largest life insurance companies in the world. Affirmed an A credit rating with a stable outlook from S and P Global Ratings, MetLife Hong Kong is recognized for its financial strength and stability and globally diversified investment and risk management strategy.

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Motor insurance fraud roundtable: Data and diligence, how can insurers combat any increase in criminal activity?

whitePaper | May 23, 2022

Insurance Post, in association with LexisNexis Risk Solutions, gathered experts together to discuss how issues such as ghost broking, the current limitations of benchmarking and fraud detection are pertinent to rooting out motor insurance fraud. This content provides a summary of the discussion.

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Can Insurers Learn How to Develop Strong Digital Customer Relationships?

whitePaper | January 12, 2022

Insurers need to tackle the rapid changes to their ecosystem. They instinctively react in the same way they have always reacted in previous crises — by making marginal adaptations to the traditional way of doing things and further optimizing and streamlining the existing business model.

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7 Questions to Ask Before Designing Your Insurance

whitePaper | January 14, 2020

After months of strategy and budget meetings, you’ve got the green light – it’s time to begin building your company’s quality assurance program. But are you prepared for the realities of the creation process? Can you address the inevitable questions and setbacks as they appear?

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Will the cost-of-living crisis lead to more fraud?

whitePaper | October 27, 2022

A recent survey by Insurance Post found that 98.1% (see figure one) of respondents believe the current economic conditions in 2022 will impact organised and opportunistic fraud volumes.

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A Changing D&O Environment in EMEA: More Volatility Ahead?

whitePaper | July 3, 2022

The D&O insurance market over the past decade experienced rate reductions, broadening coverage and increasing claims frequency and severity. This meant that losses outpaced premiums and the industry needed to respond. The magnitude and speed of the response that followed surprised many market participants. Significant capacity shortage led to sharp price increases and in many cases to reduced limits purchased by companies. The outlook for the D&O market remains challenging as the risk environment is more uncertain than ever.

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How are Insurers transforming with AI?

whitePaper | July 19, 2022

ML, a branch of artificial intelligence (AI), operates under the hood in many digital services we use today – including search engines, social media, e-commerce, and voice assistants. Automated, ML-powered systems have virtually unlimited computing power, resources, and memory in comparison to human counterparts and can be taught to “connect the dots” during data analysis.

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Spotlight

MetLife Hong Kong

MetLife Limited (MetLife Hong Kong) is a wholly-owned subsidiary of MetLife, Inc., one of the largest life insurance companies in the world. Affirmed an A credit rating with a stable outlook from S and P Global Ratings, MetLife Hong Kong is recognized for its financial strength and stability and globally diversified investment and risk management strategy.

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