gaf63 Posted April 28, 2010 Posted April 28, 2010 NPW SS NPW/SS Northbridge 928.7 1,411.3 0.7 Crum & Forster 716.4 1,628.2 0.4 OdysseyRe 1,893.8 3,512.8 0.5 Fairfax Asia 127.9 327.8 0.4 Their NPW to capital is also < .5 I am interested in knowing how much insurance FFH can write to their SS according to the regulations, and also if any one has an opinion or knowledge of what level would they be comfortable in writing. Am interested in how much they can increase their business once the opportunity arises. Thanks, gaf
beerbaron Posted April 29, 2010 Posted April 29, 2010 Isn't the max NPW/SS 2? I remember Prem talking about it in a few letters to shareholder. BeerBaron
Tommm50 Posted April 29, 2010 Posted April 29, 2010 There are a number of tests regulators use nowadays using risk adjusted capital calculations. The old rule of thumb used to be you could write premiums 2 to 3 times your policy holders surplus. 2 to 1 was considered conservative.
gaf63 Posted April 29, 2010 Author Posted April 29, 2010 Thanks for info, anyone have an idea what FFH considers conservative??
beerbaron Posted April 30, 2010 Posted April 30, 2010 Read the first years letters with Markel. They state it quite clearly. Oh yes, it's also a nice read. Look at the CR back in the 80s, it's crazy what interests rates do on a CR. BeerBaron
JohnDoe700M Posted April 30, 2010 Posted April 30, 2010 www.casact.org/education/ratesem/99handouts/wcp22.ppt
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now