More than 4,000 executives, directors and analysts rated companies in their own industries on nine criteria that affect reputation. Here's how the P&C industry did.
It's a stark statistic: Nearly one-half of the professionals in the insurance industry today are 45 years or olderand one-quarter of the industry will retire by 2018. To address this trend, the industry can recruit and hire millennials, those born after 1980 and the largest-growing demographic in the U.S.
Towers Watson survey and infographic reveals what areas concern P&C chief financial officers, where they will spend capital, and what drives capital use.
The underwriter can select scenarios that would eliminate one to three hazards, and after which the software recalculates the loss cost with the deficiency corrected.