Assembling the Puzzle: The Insurance Performance Measure

PMA Conference Proceedings, pp. 651-658, July 2002

Posted: 21 Nov 2006

See all articles by Joseph Calandro, Jr.

Joseph Calandro, Jr.

Fordham University - Gabelli Center for Global Security Analysis

Scott Lane

Quinnipiac University; Quinnipiac University

Abstract

The property and casualty insurance industry has historically focused on the underwriting or combined ratio as the measure of performance. Many dramatic changes have occurred in the industry and its operating environment over the past 30 years, however. These changes may have altered some of the assumptions regarding the use of the underwriting ratio. An alternative performance measurement system, the Insurance Performance Measure, is presented and illustrated.

Keywords: insurance, economic profit, value based management

JEL Classification: G22, G30, M21

Suggested Citation

Calandro, Jr., Joseph and Lane, Scott, Assembling the Puzzle: The Insurance Performance Measure. PMA Conference Proceedings, pp. 651-658, July 2002. Available at SSRN: https://ssrn.com/abstract=946226

Joseph Calandro, Jr. (Contact Author)

Fordham University - Gabelli Center for Global Security Analysis ( email )

531 Hughes Hall
441 E. Fordham Rd
Bronx, NY 10458
United States

HOME PAGE: http://www.linkedin.com/in/josephcalandro/

Scott Lane

Quinnipiac University ( email )

Mount Carmel Ave
Hamden, CT
United States
(203) 582-8367 (Phone)

Quinnipiac University ( email )

United States
2035828367 (Phone)
2035828367 (Fax)

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