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Demystifying the Financial Strength of Insurance Companies. The Round-up…. MODERATOR: Philip L. Blais , President & Owner, Blais Excess & Surplus Agency of Texas Ltd. PANELISTS: Louise G. Crockett, CPCU , Vice President, Senior Marketing Executive, Wells Fargo Insurance Services USA
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The Round-up… MODERATOR: • Philip L. Blais, President & Owner, Blais Excess & Surplus Agency ofTexas Ltd. PANELISTS: • Louise G. Crockett, CPCU, Vice President, Senior Marketing Executive, Wells Fargo Insurance Services USA • Dick Evans, Chairman & CEO, Cullen/Frost Bankers, Inc. • Elizabeth C. Malone, CFA, Senior Vice President, Wunderlich Securities, Inc. • Eric M. Simpson, CPA, Senior Vice President, Towers Watson • Doug Slape, CFE, CISA, Chief Analyst, Texas Department of Insurance
Discussion Focus Areas • Rating Agency Competitive Landscape • Key Rating Factors & Hot Buttons • 3rd Party Issues & Viewpoints • Insights & Predictions
Focus Area 1 • Rating Agency Competitive Landscape • Principal Rating Agencies • Financial Strength Ratings • Regulatory vs. Rating Agency Differences
Focus Area 2 • Key Rating Factors and Hot Buttons • Rating Process • Key Rating Factors
Focus Area 3 • 3rd Party Issues and Viewpoints on Rating Agencies • Reliance on Ratings • Assessment of Rating Agencies • Ratings Influence on Company Strategy
Focus Area 4 • Insights & Predictions • Future Changes to Rating Factors • Future Insurance Regulatory Changes • Financial Regulatory Reform • Key Takeaways
NWP/Surplus Leverage Source: SNL Financial Notes: NWP/Statutory Capital & Surplus for WSI Professional Liability Underwriters Index in 2000-2009.
Return on Equity Trend Source: SNL Financial Notes: ROAE for WSI Professional Liability Underwriters Index in 2000-2009.
QUESTIONS & ANSWERS
Many Thanks To… • Phillip Blais • Louise G. Crockett • Dick Evans • Elizabeth C. Malone • Eric M. Simpson • Doug Slape