Coming up ... in May.Technology Truths: Best's Review asked leading insurance technologists what decisions they're making that will affect the direction of their companies' business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets for years. Find out how they responded and what their answers reveal about the direction of the industry. Spotlight on China: Multinational insurers and brokers have rushed to build business in China since its accession Coming into possession of a right or office; increase; augmentation; addition. The right to all that one's own property produces, whether that property be movable or immovable; and the right to that which is united to it by accession, either naturally or artificially. to the WTO See World Trade Organization. , but questions remain over the uncertain pace of regulatory and legal reform and the uneven way in which the country's provinces and cities adapt to market forces. Keeping the Faith: How should an insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. handle claims so it does not manufacture bad-faith allegations later? Winning Market Share: At the end of 1998, Progressive ranked fifth and Geico ranked sixth in private-passenger auto. By the end of 2002, they'd risen to third and fifth, respectively. How? A New Kind of Audit: Why do life insurers need underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. audits? |
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