Tag Archives: Critical Point

Critical Point examines COVID-19 and the mortgage credit risk market

In this episode of Critical Point, Milliman consultants Chris Harner and Michael Schmitz discuss mortgage credit risk and market trends in light of the COVID-19 pandemic. This episode is the first in a two-part series on credit risk. The next episode will look at the potential that cyberattacks may increase within the financial sector as a result of the pandemic.

To listen to other episodes of Critical Point, click here.

Critical Point takes a look into the costs and risks associated with black lung disease

A recent Centers for Disease Control and Prevention (CDC) report indicates that the rate of black lung disease is going up. Black lung disease is also known as coal workers’ pneumoconiosis, and it’s brought on from inhaling coal dust and working in a coal mine. According to the CDC, black lung cases in miners are the highest they’ve been since recordkeeping began in the early 1970s.

In this episode of Critical Point, Milliman’s Christine Fleming and Travis Grulkowski discuss what these statistics mean for companies and insurers looking to manage this risk for their employees.

To listen to other episodes of Critical Point, click here.

How can life insurers manage risks related to COVID-19?

At the heart of effective risk management is the ability to manage tail events. The COVID-19 pandemic has raised some profound questions concerning tail risk analyses that risk practitioners in the life insurance industry must consider. In this episode of Critical Point, Milliman’s Tony Dardis, Chloe Lau, and Ariel Weis discuss emerging risk management issues related to the pandemic for life insurers.

To listen to other episodes of Critical Point, click here.

Examining cyber risk in emerging markets critically

This episode of Critical Point focuses on cyber risk in emerging markets and what managing that risk look like in countries like South Africa. Milliman’s Chris Harner and David Kirk discuss cyberspace issues that are at the forefront in South Africa and other emerging markets as well as the differences in cyber between various countries, including the U.S. and the U.K.

To listen to other episodes of Critical Point, click here.

Critical Point focuses on the future of flood insurance

If you’ve watched the news recently, it will come as no surprise that flooding has become a major issue for communities across the United States. In this episode of Critical Point, Milliman consultants Nancy Watkins and John Rollins discuss the history and future of flood insurance. They also explore what flood coverage for homeowners could look like a few decades from now.

To listen to the entire podcast, click here.

Critical Point: Key takeaways for insurers managing the U.S. GAAP Targeted Improvements

Insurance companies that issue long-duration contracts can expect volatility, increased data and disclosure requirements, and the potential for a new market for reinsurers thanks to recent accounting changes, according to Milliman’s William Hines and Francois Dauphin. In the latest episode of Critical Point, Milliman’s life insurance actuaries discuss key takeaways from the Financial Accounting Standards Board (FASB) Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI), which will require significant risk management and has a go-live date of January 2021.

To listen to the entire podcast, click here. Also, to hear past Critical Point episodes, click here.