Insurance company failures can and do happen. The industry association NOLHGA lists 82 companies that have gone into receivership since 1991. That’s almost 3 companies per year!
If you’re an officer or director of an insurance company or fraternal benefit society, this is the nightmare you want to avoid.
What is designed to show you where the risks lie, and how vulnerable you are to them? It’s the asset adequacy analysis that your actuarial firm performs for you every year.
Watch this replay of a recent live webinar to gain new insight into how to make your organization more profitable and less susceptible to sudden failure. You’ll also learn how to use and understand the cash flow testing report from your actuary.
As always, we at Miller & Newberg are available to help you to understand your asset adequacy analysis results and improve your company’s resilience. Just give us a call at 913-393-2522.