The study, "Life Insurance Demutualization - An Interim Report Card," found that while supporting arguments are persuasive for the benefits of turning private life insurers into public entities, Conning
cautions that people, processes, and technology are not necessarily changed, nor are products or distributors.
is a private equity firm and prominent source of capital for insurance and other financial services companies.
Leading life insurers recognize that customer focus and customer-directed underwriting may be sources of competitive advantage," said Jack Gohsler, SVP at Conning
Research & Consulting, Inc.
In the study, "Variable Annuity Marketplace: Thriving in Unfamiliar Terrain," Conning
& Company found that surrenders grew 28% annually from 1997 to 2000, roughly twice the rate of premium and deposit growth.
study, "CRM in Personal Lines Insurance," found that insurers were split on the effectiveness and usefulness of CRM technology.
study, "Life Distribution Goes Independent: Succeeding in the Post-GLBA Environment," reports that not only have the independents captured the lion's share of sales in the life insurance world, insurers now are scrambling to distribute their products through agreements with entities that only a few years ago were viewed as competitors: banks.
study raises the possibility of a consumer backlash and more restrictive regulation over credit if insurers fail to educate their constituents as to how and why they use credit scores in their underwriting and rate making.
According to the Conning
study, "Medical Malpractice Insurance: A Prescription for Chaos," in 1999 the medical malpractice line of insurance ended a twelve-year streak of outperforming the property-casualty industry as a whole.
According to Conning
& Company's latest study, "Term Life and Regulation XXX: A Straw in Search of a Camel's Back," sales growth in the term life marketplace should remain strong, approaching 10% to 11% annually.
According to the Conning
survey, "Medical Malpractice Insurance: Ills Diagnosed, Cures Elusive," 72% of medical malpractice insurance writers surveyed believed that the broadening definition of malpractice, particularly "failure to detect," was an important challenge facing the industry.
According to the new Conning
& Company study, "Workers' Compensation: Resolving a Self-Inflicted Crisis," price competition caused premiums to drop 21.
Capital Partners, a financial services/e-commerce private equity fund group, has closed a $20 million second round financing for AnnuityNet, an online variable annuities company.