Conyac で依頼された翻訳結果を公開

Acquisition of insurance service provider is a classic soft market strategy for insurers. A quality service provider can shave points off an insurer’s expense ratio or loss ratio.
An added attraction to service providers is that they do not carry reserve risk.
Low prevailing fixed-income investment yields added to the challenges of the soft market, forcing insurers to seek as much improvement as possible to margins within their control.Providers could furnish some of this improvement to loss ratios and expense ratio.
Commercial insurers sought to improve their risk selection and pricing techniques with analytical predictive modeling tools that personal lines insurers have long been employing to good advantage. Actuarial and IT sevice providers and consultants actively worked with insurers to mine internal and external data for patterns and inferences to support decisions that would lead to improved profitability.
Firms providing such services were viewed as attractive targets by insurers and private equity firm alike. The M&A record of 2010 reflects this heightened interest in service providers.
Although expense ratios of health insurers are lower than those of property-casualty insurers, health insurers are feeling downward pressure on expense ratios from the upward pressure on medical loss rations exerted by the new law.