Gamma Iota Sigma
Week 4!
Hello, everyone!We hope you had a great weekend! This week, we're excited to host our first company presentation of the semester, and we hope to see you all there! Additionally, we're planning our Curtis trip for this Sunday. If you're interested, please fill out this form to join!
We also hope your coffee chats are going well or are already planned. We'll continue reaching out and meeting you guys throughout the week!
Best,
Article of the Week
Inflation: A View from the Top
This article summarizes key findings from Ahlgrim and D’Arcy's paper on the effects of inflation and deflation on the insurance industry. It explores how inflation impacts claim costs, reserves, and underwriting profits, with specific insights into inflation trends and their historical frequency. The paper emphasizes that inflation causes claim costs to rise faster than official measures, and suggests insurers use short-term policies and invest in short-term bonds to mitigate risk during high inflation. It also provides modeling approaches for actuaries to better account for inflation regimes and prepare for changing economic environments.
You can find the full articles here
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