insurance

This work/life leader really gets the message out about flex: About 65% of employees use some form of alternative work arrangement, and most have been supplied with the computers, software and remote access they need to work from home. The firm encourages job-sharing or part-time options when staffers ...Read More >>AccentureAbout 60% of its staffers flex their hours or telecommute, and they only need to work an hour a week to earn health-care benefits. In response to recent staff surveys, the firm reduced overtime work, shortened business trips and added more opportunities for employees to adjust their daily schedules. ...Read More >>Aflac Inc.Renowned for its popular talking-duck commercials, this insurance leader is a favorite among working parents. Staffers are given lots of flexibility to adjust and compress their hours and to work off-site. In fact, employees in the customer call center regularly submit their "dream schedules" for approval. ...Read More >>Allstate Insurance Co.Employees are in good hands with this top financial services firm, where innovative work/life policies help them maintain balance in their lives. More than half of staffers flex their hours, a quarter telecommute, and a tenth compress their schedules. Job-shares and part-time work are also popular. ...Read More >>American Express Co.This family-friendly company allows employees to take advantage of flextime, compressed weeks, telecommuting and job-sharing. To ensure fairness, it provides managers with detailed selection criteria, user guides and a sample case study of successful flexible work arrangements so they can assess whether a flexible schedule is the right fit ...Read More >>Arnold & Porter LLPRole models for women abound, from the firm's female executive director to its part-time advisor, a partner and mom who counsels other employees who work part-time. Women also benefit from the firm's networking, mentoring and career development programs, which are open to all employees. ...Read More >>AstrazenecaAn on-site day-care center at headquarters provides full-time and backup care to infants, toddlers and kindergartners. A summer camp is open to their school-age siblings. Discounts are available at regional and national child-care chains, and all employees get ten days of in-home or center-based backup care, subsidized at 90% ...Read More >>Avon Products Inc.Avon's long history of serving women has fostered a truly inclusive culture. Women make up 72% of the staff, and their career advancement is supported by a variety of mentoring, leadership training and executive succession programs. More than half (54%) of the firm's top-earning employees are women. ...Read More >>Bank of AmericaThe company subsidizes 65% of the cost of care at its three on-site day-care centers at headquarters and in Jacksonville, FL. Employees in ten cities can take advantage of the Snowy Day backup-care program when nasty weather keeps their kids out of school, and staffers who earn less than ...Read More >>Baptist Health South FloridaStaffers rave about the summer leave policy, which allows them to take off for 12 (unpaid) weeks. All new parents are eligible for at least 12 job-guaranteed weeks off after they adopt or give birth; four of those weeks are partially paid for birthmothers. Workers may also take ...Bayer Corp.Its parent company may be 143 years old, but this firm's policies are remarkably progressive. Staffers can share jobs, work off-site or reduce their hours while still receiving health benefits, pending a manager's approval. Employees in the Consumer Care Division in Morristown, NJ, work summer hours — allowing them ...Read More >>Bon Secours Richmond Health SystemRecognizing that at-home concerns can translate into obstacles at work, Bon Secours offers discounted tutoring services for kids with learning difficulties, while children with weight issues may sign up for nutrition classes, and self-defense classes help keep girls safe. ...Read More >>Booz Allen HamiltonAbout a quarter of the employees at this busy consulting firm have children under the age of 12, and they depend on alternative work arrangements to maintain balance in their lives. Flex is endorsed at almost all levels, with nearly 80% of workers occasionally changing their hours and 54% ...Read More >>The Boston Consulting GroupThe company takes care of employee families by paying 100% of their health and dental costs, with a low copay of just $5 per office visit. There's unlimited coverage for in-vitro fertilization treatments and full coverage for children's speech and physical therapy. ...Read More >>Bristol-Myers Squibb Co.Four on-site day-care centers (located in New Jersey and Connecticut) look after kids 8 weeks to 6 years old and offer gardening activities, music lessons and field trips to toddlers and preschoolers. Older kids use the facilities during school holidays and sign up by the dozens for their summer ...Read More >>Bronson Healthcare Group Inc.Alternative work arrangements form the backbone of this health-care system: 30% of all employees compress their schedules, while 16% flex their hours. A smaller number telecommute, work part-time or job-share. ...Read More >>Capital One Financial Corp.Expectant parents got a big break in 2005, with more time off. New moms now have 16 weeks of job-guaranteed leave (up from 12), with eight weeks fully paid (up from six). New dads and adoptive and foster parents get 12 weeks off (two paid for fathers and ...Read More >>Carlson CompaniesCarlson's employee assistance program is extremely comprehensive, offering help with everything from finding tutors for children facing learning challenges to locating aid for elderly parents and guiding teens through the college application process. ...Read More >>Children's Healthcare of AtlantaQuarterly baby showers provide moms-to-be (and dads, too) with information on breastfeeding, returning to work and finding the best child care. ...Read More >>Children's Memorial HospitalWorking parents feel right at home at this child-friendly Midwestern hospital, where flexible schedules--including staggered shifts, telecommuting, compressed workweeks and part-time hours--are simply a part of "the way we work." An impressive 50% of employees use flextime on the job. ...Read More >>Citigroup Inc.Working parents aren't lacking assistance: The firm boasts seven on-site child-care centers and recently broke ground on an eighth. In addition to full-time and backup care, most offer extended hours and summer camp programs, with deeply discounted rates for low-income families. This year, a new ...Read More >>CJW Medical CenterTo help employees keep their skills current, the hospital reimburses school tuition and fees for certification classes. Full-time employees receive up to $5,000 per year, while part-time employees get $3,000. ...Read More >>Colgate-Palmolive Co.This global manufacturer of toothpaste--among many other products--keeps employees smiling with its flexible scheduling policies. With the approval of their managers, staffers can come in late or leave early, telecommute, job-share, work a compressed week or arrange sabbaticals. A uniform application process for flex schedules ensures equity. ...Read More >>Cornell UniversityStudents aren't the only ones learning at this Ivy League university: As of 2005, all supervisors are trained to manage their employees' alternative work arrangements. The school's casual atmosphere tends to promote flexibility: Many staffers adjust or reduce their hours on a regular basis, and it takes just ...Read More >>Covington & Burling LLPA brand-new day-care center across the street from headquarters accommodates 96 children from infancy through age 4. Employees in New York City, San Francisco and Washington have access to subsidized in-home and center-based backup care, at prices ranging from $3 per hour to $25 per day per child. Teens ...Read More >>Credit Suisse Securities LLCNew moms receive 20 job-guaranteed weeks off as maternity leave, with 12 weeks fully paid. Fathers and adoptive parents also get 20 weeks off, with up to six of them paid. There's a $4,000 reimbursement for those who adopt. Staffers with the firm for five ...Read More >>DaimlerChrysler Corp.The cornerstone of the company's benefits is its work/family account that allocates $5,000 to eligible salaried employees for child care, adoption costs, dependent education costs and elder care. The program allows employees to decide how to use their funds based on their individual needs. ...Read More >>Deloitte & Touche USA LLPWhen an emergency crops up, parents can send their children to one of 69 backup-care centers across the country. If they need alternative arrangements, the company offers reimbursement for child care provided outside these centers. ...Read More >>Deutsche BankA women's network was formally relaunched in 2005 as Women on Wall Street. Its goal: to address the issues female employees care about most and help them advance in their careers. Networking opportunities, business lunches, conferences and workshops are sponsored by the network. Approximately 15% ...Read More >>Discovery Communications Inc.Here's a global company that has discovered the value of allowing employees to flex their schedules. About 60% of staffers made use of the media company's liberal flextime policy last year, which allows them to set their own hours or telecommute with the approval of ...Dow Corning Corp.The company has spent hundreds of thousands of dollars building community-based day-care centers that employee parents may use. When a child or elderly relative is sick, staffers may hire in-home care subsidized by the company--or, if they prefer to stay home for a day or ...Read More >>Dupont Co.The company proved its strong commitment to its employees last year when hurricanes Katrina and Rita severely damaged nine plants and left hundreds of employees homeless. DuPont donated more than $1 million to the relief effort, plus food and supplies, mobile homes and essential services ...Read More >>Eli Lilly & Co.This leading drug company gives employees a wide berth to create their own schedules (with supervisor approval), asking only that they structure them around the core hours of 9:00 a.m. to 3:00 p.m. Flexible work arrangements are encouraged: Nearly half of all staffers telecommute, while ...Read More >>Ernst & Young LLPThe company's leave program gives employees ample time to adjust to a new child, retirement or a career hiatus. New moms with one year of service receive eight weeks of maternity leave beyond the 12 weeks offered by FMLA, six of which are fully paid; ...Read More >>Fannie MaeParents considering adoption can use the firm's resource and referral services to investigate their options. If they decide to adopt, they can take four paid weeks off to spend with their child and have $10,000 of their costs reimbursed. ...Read More >>First Horizon National Corp.With 609 U.S. sites, this large financial firm relies on flexible schedules to meet its employees' work/life needs, such as four-day workweeks, job-shares and reduced "prime-time" schedules of 20 to 32 hours a week, with full benefits. In 2005, 46% of employees flexed their hours ...Read More >>First National BankHelping employees stay fit is a priority at First National. An on-site fitness center at headquarters doubled in size this past year, and class offerings increased to 20 a week (up from five). ...Read More >>Ford Motor Co.In 2005, Ford launched a formal internal mentoring program, the Ford Senior Women's Initiative, to pair high-potential women with vice presidents who serve as their mentors, offering advice and advocating for their best interests. ...Read More >>GenentechConvenience is key: A hair salon and dental services on-site keep working moms looking good. A full-time concierge helps busy employees knock some items off their to-do list--from waiting for the cable guy to planning a child's birthday. Other on-site services include laundry and dry cleaning, plus massages--to make ...Read More >>General Electric Co.GE's thriving Women's Network connects senior-level women to leadership opportunities. The network has successfully brought women together and made them more visible to senior leadership. ...Read More >>Previous 1 2 3 4 5 6 7 8 9 10 Next© Copyright 2007, Working Mother Media Inc. All Rights ReservedNew York, NY (September 24) — Despite a business culture troubled by economic downturn, smart companies are carrying on their efforts to compete for the talent of the nation's 26 million working mothers, Working Mother magazine announced today.With the release of the 17th annual list of the "100 Best Companies for Working Mothers," Working Mother laid out three basic trends among applicants: no rollback of work/life benefits during the recent recession, a post-9/11 increased emphasis on flexible scheduling, and augmented use of family leave by employees.Editor-in-Chief Jill Kirschenbaum explained that "we're also seeing more and more working dads demanding work/life benefits, which turns out to be good news for working moms. The more it becomes the norm for both parents to stay involved with their kids, the less women's family obligations will negatively affect their advancement — or their paycheck."Carol Evans, CEO of Working Mother Media, adds that "post-September 11, work/life initiatives have taken on even greater significance, with programs from employee assistance to telecommuting. Employees want to have flexibility to deal with family needs on a day-to-day basis, as well as in an emergency. Companies are winning the loyalty of employees who get the work done, wherever and whenever they do their jobs."In compiling the "100 Best Companies for Working Mothers" list, the editors focused on how well companies provide their employees with particular benefits like flexible schedules and leave for new parents. Programs for women's advancement also assumed greater importance this year.The complete list appears in the October issue of Working Mother (on newsstands today and at www.workingmother.com). A CNBC television special will spotlight some of the best of the "100 Best" at 8PM EST this evening. Working Mother magazine will honor the companies at a gala awards ceremony at the WorkLife Congress in New York October 1 & 2, www.worklifecongress.com).Top 10Working Mother gives special kudos to the ten companies that rank the highest (listed alphabetically):Abbott Laboratories, IL (1st time on Top 10; 2 years on list)American Express, NY (1st time on Top 10; 13 years on list)Bank of America, NC (9th time on Top 10; 14 years on list)Booz Allen Hamilton, VA (1st time on Top 10; 4 years on list)Bristol-Myers Squibb, NY (2nd time on Top 10; 5 years on list)Colgate-Palmolive, NY (1st time on Top 10; 3 years on list)Computer Associates, NY (1st time on Top 10; 3 years on list)Fannie Mae, DC (4th time on Top 10; 9 years on list)General Mills, MN (1st time on Top 10; 7 years on list)IBM, NY (15th time on Top 10; 17 years on list)Industry LeadersCompanies that shine as BEST IN INDUSTRY include Booz Allen Hamilton (Financial & Professional Services), Baptist Health South Florida (Health Care), IBM (Information Technology), General Mills (Manufacturing), Discovery Communications (Media & Advertising), Abbott Laboratories (Pharmaceuticals), and Carlson Companies (Travel & Hospitality).Best in ClassUsing company survey scores, this year Working Mother also highlights as BEST IN CLASS those companies excelling in specific categories: DuPont (Flexibility), CIGNA (Representation of Women), Bristol-Myers Squibb (Child Care), S.C. Johnson & Son (Advancement), Citigroup (Family-Friendly/Corporate Culture), and Arnold & Porter (Leave for New Parents).Family ChampionWorking Mother singles out Steve Sanger, CEO of manufacturing giant General Mills (Minneapolis, MN) as this year's FAMILY CHAMPION for thinking outside the (cereal) box with regard to family-friendly programs. Ever since CEO Steve Sanger's two year-old daughter locked herself in the hotel bathroom moments before a Wall Street analyst presentation six years ago, nobody has to explain to him how work and family obligations can collide. Flexible work arrangements make up one piece of the work/family puzzle assembled under Sanger that includes on-site child care and health care, time-saving employee perks, backup child-care, and programs to advance women through the ranks. Parent-friendly offerings reflect the complex needs of working mothers, such as emergency-care for kids on school holidays, on-site mammograms for time-crunched working moms, as well as a variety of yoga and exercise classes for stressed-out employees.Small Business ChampionWorking Mother also recognizes the efforts of America's small businesses, which employ more than half of the workforce but lack the resources of large organizations. "Every company strives to lure — and keep — the best people by finding the right mix of pay and perks, and this challenge looms large, particularly for small companies," says Kirschenbaum.Saluted for his above-and-beyond commitment to employees, this year's SMALL BUSINESS CHAMPION, Noel Group CEO John Noel, began the Wisconsin-based travel insurance agency — and his quest for work/life balance — over a decade ago in his basement. Noel's fervent dedication to staff shows in work/life initiatives like on-site child care and flexibility. And when Noel adopted a "no-downsizing" policy post 9/11, employees returned the loyalty by volunteering for 24-hour shifts, providing back-up child care, and taking on new roles in short-staffed departments.Companies To WatchAcknowledging those companies improving work-life benefits but have yet to achieve "100 Best" status, Working Mother points to three COMPANIES TO WATCH: Pitt County Memorial Hospital (NC), Heller Ehrman White & McAuliffe (CA), and Forest Laboratories, Inc (NY).About Working MotherWorking Mother magazine, founded in 1979, reaches more than 3 million readers and is the only national magazine for career-committed mothers. Its 17-year signature "100 Best Companies for Working Mothers" serves as a benchmark for work/life practices in corporate America. The magazine is part of Working Mother Media (WMM), which also owns the National Association for Female Executives (NAFE), Executive Female, and the annual 100 Best Companies Work/Life Conference. In 2002, WMM launched a new initiative, Best Companies for Women of Color.2002 "100 Best Companies for Working Mothers"* first year on the listABBOTT LABORATORIES ILABN AMRO NORTH AMERICA, INC. ILACACIA GROUP* MDAFLAC INCORPORATED GAAGILENT TECHNOLOGIES* CAALLSTATE INSURANCE COMPANY ILAMERICA ONLINE* VAAMERICAN AIRLINES TXAMERICAN ELECTRIC POWER* OHAMERICAN EXPRESS COMPANY NYARNOLD & PORTER DCARNOLD WORLDWIDE* MAASTRAZENECA* DEAVENTIS PHARMACEUTICALS, INC.* NJAVNET, INC* AZBANK OF AMERICA, N.A. NCBANK ONE CORPORATION ILBAPTIST HEALTH SOUTH FLORIDA FLBAYER CORPORATION PABAYFRONT HEALTH SYSTEM FLBLUE CROSS BLUE SHIELD OF MASS. MABON SECOURS RICHMOND HEALTH SYSTEM VABOOZ ALLEN & HAMILTON VABP AMERICA INC* ILBRISTOL-MYERS SQUIBB COMPANY NYBROWN BROTHERS HARRIMAN* NYBRYANLGH MEDICAL CENTER NECARLSON COMPANIES MNCIGNA CORPORATION PACINERGY OHCISCO SYSTEMS, INC. CACITIGROUP NYCOLGATE-PALMOLIVE COMPANY NYCOMPUTER ASSOCIATES INTERNATIONAL, INC. NYCORNING INCORPORATED NYCROSS COUNTRY TRAVCORPS FLDAIMLERCHRYSLER CORPORATION MIDELOITTE & TOUCHE CTDEUTSCHE BANK NYDISCOVERY COMMUNICATIONS, INC. MDDUPONT DEEASTMAN KODAK COMPANY NYELI LILLY AND COMPANY INERNST & YOUNG LLP NYFANNIE MAE DCFIRST NATIONAL BANK * NEFIRST TENNESSEE NATIONAL CORPORATION TNFLEETBOSTON FINANCIAL MAFLEISHMAN HILLARD* MOFORD MOTOR COMPANY MIFREDDIE MAC* VAGANNETT CO., INC. VAGENENTECH CAGENERAL MILLS MNGENERAL MOTORS MIGLAXOSMITHKLINE NCHOFFMANN-LA ROCHE NJHOUSEHOLD INTERNATIONAL ILHP CAIBM CORPORATION NYINTEGRIS HEALTH, INC.* OKINTEL CORPORATION* CAJFK MEDICAL CENTER FLJOHNSON & JOHNSON NJJPMORGAN CHASE NYKPMG LLP NJKRAFT FOODS INC ILLINCOLN FINANCIAL GROUP PALUCENT TECHNOLOGIES INC NJMARRIOTT INTERNATIONAL, INC. DCMASTERCARD INTERNATIONAL * NYMBNA AMERICA BANK, N.A. DEMERCK & CO, INC. NJMERRILL LYNCH & CO., INC. NYMETLIFE NYMORGAN STANLEY NYMORRISON & FOERSTER LLP CANEW YORK LIFE INSURANCE COMPANY NYNORTHERN TRUST CORPORATION ILNORTHWESTERN MEMORIAL HEALTHCARE ILNOVANT HEALTH, INC. NCNOVARTIS PHARMACEUTICALS CORP. NJPATAGONIA, INC CAPEARSON EDUCATION NJPFIZER INC. NYTHE PHOENIX COMPANIES, INC. CTPRICEWATERHOUSECOOPERS LLP NYPROCTER & GAMBLE OHPRUDENTIAL FINANCIAL, INC. NJREPUBLIC BANCORP INC. MISAS INSTITUTE NCS. C. JOHNSON & SON, INC. WISCHERING-PLOUGH CORPORATION NJSUN MICROSYSTEMS, INC. CATEXAS INSTRUMENTS TXTIAA-CREF NYUSAA TXVERIZON WIRELESS* NJWACHOVIA CORPORATION NCWYETH NJ# posted by YASH KUMAR @ 11:05 PM 0 Comments Saturday, June 30, 2007 INSURANCE NEWSCAST5th Annual Report of the “INSURANCE INDUSTRY 100 MOST POWERFUL (NORTH AMERICA)” LIST01/09/06 -- "InsuranceBroadcasting.com is pleased to announce our 5th annual list of the 100 most powerful people in the insurance industry (North America)" commented Walter B. Podgurski, CEO."We understand the subjectivity of this type of ranking, but stand by our five year premise. The people below are the 100 we think who have the most resources available to them and who would have the most ability (as a group) to successfully accomplish any goal or directive of the insurance industry. What better list of 100 people exists that could exert more collective influence over the insurance industry?"We have a simple methodology of measuring power. This is not a list of the largest 100 insurance company CEO's, or designed to recognize past achievement, longevity, or decide who is the most effective businessperson, or determine who has been the most innovative, or who is on the fast-track to the top. It is an attempt to express who controls the most insurance industry resources (people, capital, intellectual knowledge, technology, etc.) or has the most influence on those resources.Here is the methodology we chose to support our choices.The person with the most power is the person at the top of the organization.Power is diverse.Power controls or influences resources.Our list is weighted by current control of power.Each year we receive a certain amount of criticism and critique. In an industry as large and segmented as the insurance industry, 100 people is an incredibly small number of people to single out and recognize, ensuring at least some degree of debate.We publish this list to provoke thinking and discussion, and to provide a better perspective on our industry. It is a serious list, but it shouldn't be taken that seriously. We do take pride in our annual list and are honored to name these people to our list of the 100 most powerful.As we mention each year, it is important to note that no one asked to be on the list, and many might even be a bit uncomfortable to be on a "power" list. The term "power" in today's society can make people uncomfortable, with words like leadership or stewardship preferred. My personal belief is that the people on this list would be the first to give credit to others. Most likely they have worked hard and have great integrity and management skills, and the reason they have power is that they have been given that power by others because they are "trusted." I believe they believe that their power is a reflection of the confidence and faith others have in them, and their power is viewed by them as a guardianship, duty and charge to serve others.We received many nominations of people with great credentials that we were just unable to fit onto a list of only 100. The difficulty is easily understood by asking yourself who you would remove from the list below to add your favorite. We also have categorized the names to look at who was selected from a specific niche of the insurance industry. The names are listed alphabetically within each category. No effort was made to rank the list as #1, #3, etc.Let us know what you think (wpodgurski@aol.com) - we will report back all the comments, good or bad, in a future edition of INSURANCE NEWSCAST.SincerelyWalt PodgurskiChairman & CEOwww.InsuranceBroadcasting.comINSURANCE NEWSCASTSPECIAL REPORT - "INSURANCE NEWSCAST 100 INSURANCE INDUSTRY MOST POWERFUL - NORTH AMERICA” LIST FOR 2005 - 2006SUPER-ICON STATUS RATINGS AGENCIES P&C COMPANIES LIFE COMPANIES HEALTH INSURANCE / HEALTHCARE RE-INSURANCE AGENT ORGANIZATIONS & DISTRIBUTION INSURANCE REGULATION / LEGISLATION INSURANCE BROKERAGE INSURANCE EDUCATION & RESEARCHINSURANCE LAW CONSULTING INDUSTRY ORGANIZATIONS INSURANCE ANALYSTS INSURANCE, CANADA INSURANCE TECHNOLOGY INSURANCE INDUSTRY VENDORS BANK INSURANCE MARKETING WORKSITE MARKETING NICHE LEGAL PLAN NICHE ONLINE DISTRIBUTION INSURANCE MEDIA STRUCTURED SETTLEMENTSDIRECT MARKETING RISK MODELINGINSURANCE NEWSCAST - STORIESINSURANCE NEWSCAST'S 2005 - 2006 LIST OF THE 100 MOST POWERFUL PEOPLE IN THE INSURANCE INDUSTRY - NORTH AMERICASUPER-ICON STATUSWarren E. Buffett, CEO, Berkshire Hathaway Inc. - 4th AppearanceMaurice R. Greenberg, C.V. Starr & Company, Inc. (C.V. Starr) - 5th AppearanceBack To TopRATINGS AGENCIESKeith M. Buckley, Managing Director, Fitch's North American Insurance Rating Group - - 5th AppearanceTed Collins, Managing Director, Moody's Investors Service - - 5th AppearanceSteven J. Dreyer, Managing Director, North American Practice Leader for Standard & Poor's Financial Services. - 5th AppearanceRobert L. Riegel, Managing Director, Life & Health Insurance Team, Financial Institutions Group, Moody's Investors Service - - 5th AppearanceArthur Snyder, President & Chairman, A.M. Best - 5th AppearanceMartin D. Weiss, Ph.D., Chairman Weiss Ratings, Inc.- - 5th AppearanceBack To TopP&C COMPANIESAxel Lehmann, CEO, Zurich North America - 1st AppearanceRamani Ayer, Chairman & Chief Executive Officer, The Hartford Financial Services Group, Inc. - 5th AppearanceJay S. Fishman, Chairman, President & Chief Executive Officer, The St. Paul Companies - 5th AppearanceEdmund F. Kelly, Chairman, President & Chief Executive Officer, Liberty Mutual Insurance - 5th AppearanceEd Liddy, Chairman and Chief Executive Officer, The Allstate Corporation - 5th AppearanceStephen W. Lilienthal, Chairman and Chief Executive Officer, CNA Insurance - 3rd AppearanceGlen Renwick,, President & CEO, Progressive - 5th AppearanceEdward B. Rust Jr., Chairman and CEO, State Farm Insurance Companies - 5th AppearanceMartin J. Sullivan, President And Chief Executive, AIG - 1st AppearanceMark R. Thresher, President and Chief Operating Officer, Nationwide Financial - 3rd AppearanceBack To TopLIFE COMPANIESHerbert M. Allison, Jr., Chairman, President, and Chief Executive Officer, TIAA-CREF - 3rd AppearanceRobert H. Benmosche, Chairman and Chief Executive Officer MetLife - 5th AppearanceDonald J. Shepard, Chairman of the Executive Board of AEGON N.V., Chairman of AEGON USA - 4th AppearanceSy Sternberg, Chairman Of The Board, President, & Chief Executive Officer, New York Life Insurance Company - 5th AppearanceArthur Ryan, Chairman & Chief Executive Officer, Prudential Financial, Inc. - 5th AppearanceEd Zore, President & CEO, Northwestern Mutual Insurance - 5th AppearanceBack To TopHEALTH INSURANCE / HEALTHCARELarry C. Glasscock, Chairman, President and Chief Executive Officer, Anthem, Inc. - 3rd AppearanceH. Edward Hanway, Chairman & Chief Executive Officer, CIGNA Corporation - 5th AppearanceKaren Ignagni, President & CEO, AAHP-HIAA - 5th AppearanceEvelyn F. Ireland, CAE, Executive Director, National Association Of Dental Plans - 1st AppearanceDavid A. Jones, Chairman of the Board & Co-Founder, Humana Inc. - 5th AppearanceWilliam W. McGuire, M.D., Chairman & Chief Executive Officer, UnitedHealth Group - 5th AppearanceJohn W. Rowe, M.D., Chairman, President and Chief Executive Officer, Aetna Inc.- 5th AppearanceScott P. Serota, President & Chief Executive Officer, Blue Cross and Blue Shield Association - 5th AppearanceThomas R. Watjen, President and Chief Executive Officer, UnumProvident Corporation - 3rd AppearanceBack To TopRE-INSURANCEJacques Aigrain, Chief Executive Officer, Swiss Re - 1st AppearanceDr. jur. Nikolaus von Bomhard, Chairman, Munich Re Group - 3rd AppearanceFranklin W. Nutter, President, Reinsurance Association of America (RAA) - 5th AppearanceBrian O'Hara, President & Chief Executive Officer, XL CAPITAL - 2nd AppearanceRon Pressman, Chairman, President & CEO, GE Insurance Solutions - 4th AppearanceBack To TopAGENT ORGANIZATIONS & DISTRIBUTIONJessica M. Bibliowicz, President and Chief Executive Officer, National Financial Partners - 1st AppearanceLeonard Brevik, Executive Vice President & CEO, National Association Of Professional Insurance Agents (PIA) - 2nd AppearanceKen A. Crerar, President, The Council of Insurance Agents & Brokers Officers (CIAB) - 2nd AppearanceBernd G. Heinze, Esquire, Executive Director, American Association of Managing General Agents (AAMGA) - 5th AppearanceFred H. Jonske, President and Chief Executive Officer, M Financial Group - 5th AppearanceKevin Merz, 2005 Chairman, National Association of Independent Life Brokerage Agencies, (NAILBA) - 2nd AppearanceStephen O. Rothschild, CLU, ChFC, President, Million Dollar Round Table (MDRT), - 1st AppearanceRobert A. Rusbuldt, Chief Executive Officer, Independent Insurance Agents & Brokers of America, Inc. (IIABA). - 5th AppearanceJanet Trautwein, Executive Vice President and CEO, National Association of Health Underwriters (NAHU) - 1st AppearanceDavid F. Woods, CLU, ChFC, Chief Executive Officer , The National Association of Insurance and Financial Advisors (NAIFA) - 4th AppearanceBack To TopINSURANCE REGULATION / LEGISLATIONAlessandro Iuppa, NAIC President, Maine Insurance Superintendent - 1st AppearanceSusan Nolan, Executive Director, The National Conference of Insurance Legislators (NCOIL) - 2nd appearanceCatherine (Cathy) J. Weatherford, Executive Vice President and CEO, The National Association of Insurance Commissioners (NAIC) - 3rd AppearanceBack To TopINSURANCE BROKERAGEJ. Hyatt Brown, CPCU, CLU, Chairman, President, & Chief Executive Officer, Brown & Brown - 4th AppearanceMichael Cherkasky, Chief Executive Officer, Marsh Inc. - 2nd AppearanceMartin P. Hughes, Chairman and Chief Executive Officer, HUB International Limited - 4th AppearancePaul Karon, President and COO, Benfield Inc. (US Division) - 1st AppearanceJoe Plumeri, Chairman & Chief Executive Officer, Willis Group Holdings Limited - 5th AppearancePatrick G. Ryan, Chairman & Chief Executive Officer, Aon Corporation - 5th AppearanceDave Zuercher, Chairman & Head of International and Insurance Services, Acordia Inc. - 1st AppearanceBack To TopINSURANCE EDUCATION & RESEARCHLaurence Barton, Ph.D., President & CEO, The American College - 3rd AppearanceJoseph M. Belth, Ph.D., professor emeritus of insurance at the Kelley School of Business at Indiana University (Bloomington),Thomas P. Donaldson, FLMI, CLU President & Chief Executive Officer LOMA - 5th AppearanceGordon Stewart - President - Insurance Information Institute - 1st AppearanceWilliam T. Hold, Ph.D., CIC, CPCU, CLU, President, The National Alliance For Insurance Education And Research - 3rd AppearanceRobert A. Kerzner, President & Chief Executive Officer LIMRA International - 2nd AppearanceJames R. Marks, CAE, CPCU, AIM, Executive Vice President, CPCU Society - 5th AppearanceBack To TopINSURANCE LAWBrian Casey, Partner, Lord, Bissell & Brook - 4th AppearanceThomas A. Player, Partner, Morris, Manning & Martin, LLP - 4th AppearanceBack To TopCONSULTINGPatricia Guinn, Managing Director of Tillinghast - Towers Perrin and Towers Perrin Reinsurance - 5th AppearanceJohn Haley, President and Chief Executive Officer, Watson Wyatt Worldwide, Inc. - 1st AppearanceBack To TopINDUSTRY ORGANIZATIONSBrian K. Atchinson, Executive Director, IMSA - - 5th AppearanceRobert M. Beuerlein, President, Society of Actuaries - 1st AppearanceCharles M. Chamness, President, National Association of Mutual Insurance Companies (NAMIC) - 3rd AppearanceErnst N. Csiszar, President & CEO, President & CEO, Property Casualty Insurers Association of America - 2nd AppearanceGary Hicks, Executive Director, Aviation Insurance Association - 2nd AppearanceDennis Jay, Executive Director, Coalition Against Insurance Fraud - 1st AppearanceFrank Keating, President and CEO, American Council of Life Insurers (ACLI) - 4th AppearanceJoseph P. Pomilia, Executive Director, Insurance Accounting & Systems Association, Inc. (IASA) - 3rd AppearanceJack Ramirez, President, CEO National Association of Independent Insurers (NAII) - 5th AppearanceGovernor Marc Racicot, President, American Insurance Association (AIA) - 1st AppearanceDavid F. Woods, CLU, ChFC, President, The Life and Health Insurance Foundation for Education (LIFE) - 1st AppearanceBack To TopINSURANCE ANALYSTSVincent J. Dowling, Insurance Stock Analyst, Dowling & Partners Securities - 5th AppearanceBack To TopINSURANCE, CANADAStanley I. Griffin, President and C.E.O. of the Insurance Bureau of Canada (IBC) - 5th AppearanceDominic D'Alessandro, President and Chief Executive Officer, Manulife - 5th AppearanceRaymond L. McFeetors, President & Chief Executive Officer, Great-West Lifeco Inc. (Lifeco) - 1st AppearanceBack To TopINSURANCE TECHNOLOGYMary Roth, Executive Director, Risk and Insurance Management Society (RIMS) - 2nd AppearanceJim Kellner, Chairman and CEO, Applied Systems - 5th AppearanceGregory A. Maciag, President & CEO, ACORD - 5th AppearanceClare DeNicola, President & CEO, IVANS Inc. - 2nd AppearanceBack To TopINSURANCE INDUSTRY VENDORSJay F. Cook CEO & Chief Visioneer, MIB Group, Inc. - 5th AppearanceFrank J. Coyne, Chairman, President, & CEO, Insurance Services Office, Inc (ISO) - 4th AppearanceBack To TopBANK INSURANCE MARKETINGBeth L. Climo, Executive Director, ABA Securities Association, American Bankers Insurance Association (ABIA) - 5th AppearanceLarry Marsh, President & CEO, Marsh·Berry Companies - 5th AppearanceBack To TopWORKSITE MARKETING NICHEDaniel Paul Amos, Chairman & Chief Executive Officer, AFLAC Incorporated - 5th AppearanceBack To TopLEGAL PLAN NICHEAlec Schwartz, Executive Director, American Prepaid Legal Services Institute - 2nd appearanceBack To TopONLINE DISTRIBUTIONRobert S. Bland, Chairman and Founder, Quotesmith.com -2nd AppearanceBack To TopINSURANCE MEDIAAndrew L. Goodenough, President & CEO, Highline Media, LLC. - 1st AppearanceBack To TopSTRUCTURED SETTLEMENTS & VIATICALSMalcolm Deener, President, National Structured Settlements Trade Association - 2nd ApperanceDoug Head, Executive Director, Viatical and Life Settlement Association of America (VLSAA) - 2nd AppearanceBack To TopDIRECT MARKETINGDonald Jackson, Chairman, JCG Group, Ltd. - 3rd AppearanceBack To TopRISK MODELINGHemant H. Shah, Co-Founder, President & CEO, RMS. - 3rd AppearanceAmerican Express Co.This family-friendly company allows employees to take advantage of flextime, compressed weeks, telecommuting and job-sharing. To ensure fairness, it provides managers with detailed selection criteria, user guides and a sample case study of successful flexible work arrangements so they can assess whether a flexible schedule is the right fit ...Read More >>Bank of AmericaThe company subsidizes 65% of the cost of care at its three on-site day-care centers at headquarters and in Jacksonville, FL. Employees in ten cities can take advantage of the Snowy Day backup-care program when nasty weather keeps their kids out of school, and staffers who earn less than ...Read More >>Capital One Financial Corp.Expectant parents got a big break in 2005, with more time off. New moms now have 16 weeks of job-guaranteed leave (up from 12), with eight weeks fully paid (up from six). New dads and adoptive and foster parents get 12 weeks off (two paid for fathers and ...Read More >>Credit Suisse Securities LLCNew moms receive 20 job-guaranteed weeks off as maternity leave, with 12 weeks fully paid. Fathers and adoptive parents also get 20 weeks off, with up to six of them paid. There's a $4,000 reimbursement for those who adopt. Staffers with the firm for five ...Read More >>Deloitte & Touche USA LLPWhen an emergency crops up, parents can send their children to one of 69 backup-care centers across the country. If they need alternative arrangements, the company offers reimbursement for child care provided outside these centers. ...Read More >>Deutsche BankA women's network was formally relaunched in 2005 as Women on Wall Street. Its goal: to address the issues female employees care about most and help them advance in their careers. Networking opportunities, business lunches, conferences and workshops are sponsored by the network. Approximately 15% ...Read More >>Ernst & Young LLPThe company's leave program gives employees ample time to adjust to a new child, retirement or a career hiatus. New moms with one year of service receive eight weeks of maternity leave beyond the 12 weeks offered by FMLA, six of which are fully paid; ...Read More >>Fannie MaeParents considering adoption can use the firm's resource and referral services to investigate their options. If they decide to adopt, they can take four paid weeks off to spend with their child and have $10,000 of their costs reimbursed. ...Read More >>First Horizon National Corp.With 609 U.S. sites, this large financial firm relies on flexible schedules to meet its employees' work/life needs, such as four-day workweeks, job-shares and reduced "prime-time" schedules of 20 to 32 hours a week, with full benefits. In 2005, 46% of employees flexed their hours ...Read More >>First National BankHelping employees stay fit is a priority at First National. An on-site fitness center at headquarters doubled in size this past year, and class offerings increased to 20 a week (up from five). ...Goldman, Sachs & Co.This prestigious investment bank believes its greatest asset is its employees, so it allows them to work part-time, job-share and telecommute. To make the process easier, employees can submit their requests for flexible arrangements online to managers. ...Read More >>Grant Thornton LLPWith employees spread out over 50 locations, a single firmwide child-care solution wasn't possible. Still, technology (laptops, BlackBerrys and videoconferencing) and flexible arrangements allow parents to work from home if their regularly scheduled child care falls through or their child is home sick. ...Read More >>HSBC-North AmericaThis leading financial services firm, where more than half the employees are women, aims to help its working moms manage their professional and personal lives by offering a spectrum of flex programs to meet their needs, from telecommuting to job-sharing. Employees need to work only ...Read More >>JPMorgan ChaseThis leading global financial services firm allows employees to telecommute, job-share, flex hours or work compressed schedules. Part-time employees are eligible for health benefits, scholarships for their children and tuition reimbursement. ...Read More >>KPMG LLPThe firm is among the minority of U.S. companies offering backup child care. Several KPMG offices lease space in or near child-care facilities, where they have a contract for services. ...Read More >>Morgan StanleyEmployees are covered in the event of a child-care emergency, with 80 free hours of in-home backup care and space at 15 national backup facilities. Staffers can also locate full-time care through the firm's resource and referral service. A brand-new parenting network and a wealth of seminars help moms ...Read More >>Northern Trust Corp.Women represent 29% of executive VPs and above and 49% of managers. Half of all mentees in the Executive Networking and Mentoring program in 2005 were female. A leadership forum also regularly provides networking opportunities for women at the VP level and above. ...Read More >>PNC Financial Services Group Inc.From birth to college, employee children have access to programs designed just for them. Infants and toddlers whose mothers enroll them in the Great Start program receive eight consecutive weeks of deeply discounted ($6 a day) child care, while children up to age 13 receive ...Read More >>PricewaterhouseCoopers LLPTo help women be great moms and high-performing professionals, this global accounting firm offers a wide variety of flexible work options that employees can easily apply for online. There's also a 24/7 hotline for those who have questions. Thanks to a new Flexible Fridays policy, ...Read More >>Principal Financial GroupFlexibility is a way of life at this company, where more than half of all employees took advantage of flextime last year. Many who chose to work from home--more than 1,800 employees--were provided with computers, office equipment and software. ...posted by uthan at 10:35 AM 0 Comments Sunday, July 1, 2007insuranceInsurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium. Insurer, in economics, is the company that sells the insurance. Insurance rate is a factor used to determine the amount, called the premium, to be charged for a certain amount of insurance coverage. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.Contents[hide]1 Principles of insurance2 Indemnification3 When is a Policy Really Insurance?3.1 Does the Contract Contain Adequate Risk Transfer?3.2 Is There a Brightline Test?3.3 "Safe Harbor Exemptions"3.4 Risk Limiting Features4 Insurer’s business model5 Gambling analogy6 History of insurance7 Types of insurance8 Types of insurance companies9 Life insurance and saving10 Size of global insurance industry11 Financial viability of insurance companies12 Controversies12.1 Insurance insulates too much12.2 Closed community self-insurance12.3 Complexity of insurance policy contracts12.4 Redlining12.5 Health insurance12.6 Dental insurance12.7 Insurance patents12.8 The insurance industry and rent seeking12.9 Criticism of insurance companies13 Glossary14 Quote15 References16 See also16.1 Lists17 External links//[edit] Principles of insuranceCommercially insurable risks typically share seven common characteristics. [1]A large number of homogeneous exposure units. The vast majority of insurance policies are provided for individual members of very large classes. Automobile insurance, for example, covered about 175 million automobiles in the United States in 2004. The existence of a large number of homogeneous exposure units allows insurers to benefit from the so-called “law of large numbers,” which in effect states that as the number of exposure units increases, the actual results are increasingly likely to become close to expected results. There are exceptions to this criterion. Lloyds of London is famous for insuring the life or health of actors, actresses and sports figures. Satellite Launch insurance covers events that are infrequent. Large commercial property policies may insure exceptional properties for which there are no ‘homogeneous’ exposure units. Despite failing on this criterion, many exposures like these are generally considered to be insurable.Definite Loss. The event that gives rise to the loss that is subject to insurance should, at least in principle, take place at a known time, in a known place, and from a known cause. The classic example is death of an insured on a life insurance policy. Fire, automobile accidents, and worker injuries may all easily meet this criterion. Other types of losses may only be definite in theory. Occupational disease, for instance, may involve prolonged exposure to injurious conditions where no specific time, place or cause is identifiable. Ideally, the time, place and cause of a loss should be clear enough that a reasonable person, with sufficient information, could objectively verify all three elements.Accidental Loss. The event that constitutes the trigger of a claim should be fortuitous, or at least outside the control of the beneficiary of the insurance. The loss should be ‘pure,’ in the sense that it results from an event for which there is only the opportunity for cost. Events that contain speculative elements, such as ordinary business risks, are generally not considered insurable.Large Loss. The size of the loss must be meaningful from the perspective of the insured. Insurance premiums need to cover both the expected cost of losses, plus the cost of issuing and administering the policy, adjusting losses, and supplying the capital needed to reasonably assure that the insurer will be able to pay claims. For small losses these latter costs may be several times the size of the expected cost of losses. There is little point in paying such costs unless the protection offered has real value to a buyer.Affordable Premium. If the likelihood of an insured event is so high, or the cost of the event so large, that the resulting premium is large relative to the amount of protection offered, it is not likely that anyone will buy insurance, even if on offer. Further, as the accounting profession formally recognizes in financial accounting standards (See FAS 113 for example), the premium cannot be so large that there is not a reasonable chance of a significant loss to the insurer. If there is no such chance of loss, the transaction may have the form of insurance, but not the substance.Calculable Loss. There are two elements that must be at least estimatable, if not formally calculable: the probability of loss, and the attendant cost. Probability of loss is generally an empirical exercise, while cost has more to do with the ability of a reasonable person in possession of a copy of the insurance policy and a proof of loss associated with a claim presented under that policy to make a reasonably definite and objective evaluation of the amount of the loss recoverable as a result of the claim.Limited risk of catastrophically large losses. The essential risk is often aggregation. If the same event can cause losses to numerous policyholders of the same insurer, the ability of that insurer to issue policies becomes constrained, not by factors surrounding the individual characteristics of a given policyholder, but by the factors surrounding the sum of all policyholders so exposed. Typically, insurers prefer to limit their exposure to a loss from a single event to some small portion of their capital base, on the order of 5%. Where the loss can be aggregated, or an individual policy could produce exceptionally large claims, the capital constraint will restrict an insurers appetite for additional policyholders. The classic example is earthquake insurance, where the ability of an underwriter to issue a new policy depends on the number and size of the policies that it has already underwritten. Wind insurance in hurricane zones, particularly along coast lines, is another example of this phenomenon. In extreme cases, the aggregation can affect the entire industry, since the combined capital of insurers and reinsurers can be small compared to the needs of potential policyholders in areas exposed to aggregation risk. In commercial fire insurance it is possible to find single properties whose total exposed value is well in excess of any individual insurer’s capital constraint. Such properties are generally shared among several insurers, or are insured by a single insurer who syndicates the risk into the reinsurance market.[edit] IndemnificationAn entity seeking to transfer risk (an individual, corporation, or association of any type, etc.) becomes the 'insured' party once risk is assumed by an 'insurer', the insuring party, by means of a contract, called an insurance 'policy'. Generally, an insurance contract includes, at a minimum, the following elements: the parties (the insurer, the insured, the beneficiaries), the premium, the period of coverage, the particular loss event covered, the amount of coverage (i.e., the amount to be paid to the insured or beneficiary in the event of a loss), and exclusions (events not covered). An insured is thus said to be "indemnified" against the loss events covered in the policy.When insured parties experience a loss for a specified peril, the coverage entitles the policyholder to make a 'claim' against the insurer for the covered amount of loss as specified by the policy. The fee paid by the insured to the insurer for assuming the risk is called the 'premium'. Insurance premiums from many insureds are used to fund accounts reserved for later payment of claims—in theory for a relatively few claimants—and for overhead costs. So long as an insurer maintains adequate funds set aside for anticipated losses (i.e., reserves), the remaining margin is an insurer's profit.[edit] When is a Policy Really Insurance?“Insurance provides indemnification against loss or liability from specified events and circumstances that may occur or be discovered during a specified period.”— FASB Statement of Financial Accounting Standards No. 113, "Accounting for Reinsurance of Short-Duration and Long-Duration Contracts" December 1992An operational definition of insurance is that it isthe benefit provided by a particular kind of indemnity contract, called an insurance policy;that is issued by one of several kinds of legal entities (stock company, mutual company, reciprocal, or Lloyds organization, for example), any of which may be called an insurer;in which the insurer promises to pay on behalf of or to indemnify another party, called a policyholder or insured;that protects the insured against loss caused by those perils subject to the indemnity in exchange for consideration known as an insurance premium.In recent years this kind of operational definition proved inadequate as a result of contracts that had the form but not the substance of insurance. The essence of insurance is the transfer of risk from the insured to one or more insurers. How much risk a contract actually transfers proved to be at the heart of the controversy.This issue arose most clearly in reinsurance, where the use of Financial Reinsurance to reengineer insurer balance sheets under US GAAP became fashionable during the 1980s. The accounting profession raised serious concerns about the use of reinsurance in which little if any actual risk was transferred, and went on to address the issue in FAS 113, cited above. While on its face, FAS 113 is limited to accounting for reinsurance transactions, the guidance it contains is generally conceded to be equally applicable to US GAAP accounting for insurance transactions executed by commericial enterprises.[edit] Does the Contract Contain Adequate Risk Transfer?FAS 113 contains two tests, called the '9a and 9b tests,' that collectively require that a contract create a reasonable chance of a significant loss to the underwriter for it to be considered insurance.9. Indemnification of the ceding enterprise against loss or liability relating to insurance risk in reinsurance of short-duration contracts requires both of the following, unless the condition in paragraph 11 is met:a. The reinsurer assumes significant insurance risk under the reinsured portions of the underlying insurance contracts.b. It is reasonably possible that the reinsurer may realize a significant loss from the transaction.Paragraph 10 of FAS 113 makes clear that the 9a and 9b tests are based on comparing the present value of all costs to the PV of all income streams. FAS gives no guidance on the choice of a discount rate on which to base such a calculation, other than to say that all outcomes tested should use the same rate.Statement of Statutory Accounting Principles ("SSAP") 62, issued by the National Association of Insurance Commissioners, applies to so-called 'statutory accounting' - the accounting for insurance enterprises to conform with regulation. Paragraph 12 of SSAP 62 is nearly identical to the FAS 113 test, while paragraph 14, which is otherwise very similar to paragraph 10 of FAS 113, additionally contains a justification for the use of a single fixed rate for discounting purposes. The choice of an "reasonable and appropriate" discount rate is left as a matter of judgement.[edit] Is There a Brightline Test?Neither FAS 113 nor SAP 62 defines the terms "reasonable" or "significant." Ideally, one would like to be able to substitute values for both terms. It would be much simpler if one could apply a test of an X% chance of a loss of Y% or greater. Such tests have been proposed, including one famously attributed to an SEC official who is said to have opined in an after lunch talk that a 10% chance of a 10% loss was sufficient to establish both reasonableness and significance. Indeed, many insurers and reinsurers still apply this "10/10" test as a benchmark for risk transfer testing.It should be obvious that an attempt to use any numerical rule such as the 10/10 test will quickly run into problems. Suppose a contract has a 1% chance of a 10,000% loss? It should be reasonably self-evident that such a contract is insurance, but it fails one half of the 10/10 test. It does not appear that any "brightline" test of reasonableness nor signifance can be constructed.Excess of loss contracts, like those commonly used for umbrella and general liability insurance, or to insure against property losses, will typically have a low ratio of premium paid to maximum loss recoverable. This ratio (expressed as a percentage), commonly called the "rate on line" for historical reasons related to underwriting practices at Lloyds of London, will typically be low for contracts that contain reasonably self-evident risk transfer. As the ratio increases to approximate the present value of the limit of coverage, self-evidence decreases and disappears.Contracts with low rates on line may survive modest features that limit the amount of risk transferred. As rates on line increase, such risk limiting features become increasingly important.[edit] "Safe Harbor Exemptions"The analysis of reasonableness and signifiance is an estimate of the probability of different gain or loss outcomes under different loss scenarios. It takes time and resources to perform the analysis, which constitutes a burden without value where risk transfer is reasonably self-evident.Guidance exists for insurers and reinsurers, whose CEO's and CFO's attest annually as to the reinsurance agreements their firms undertake. The American Academy of Actuaries, for instance, identifies three categories of contract as outside the requirement of attestation:Inactive contracts. If there are no premiums due nor losses payable, and the insurer is not taking any credit for the reinsurance, determining risk transfer is irrelevant.Pre-1994 contracts. The attestation requirement only applies to contracts that were entered into, renewed or amended on or after 1 January 1994. Prior contracts need not be analyzed.Where risk transfer is "reasonably self-evident.""Risk transfer is reasonably self-evident in most traditional per-risk or per-occurrence excess of loss reinsurance contracts. For these contracts, a predetermined amount of premium is paid and the reinsurer assumes nearly all or all of the potential variablility in the underlying losses, and it is evident from reading the basic terms of the contract that the reinsurer can incur a significant loss. In many cases, there is no aggregate limit on the reinsurer's loss. The existence of certain experience-based contract terms, such as experience accounts, profit commissions, and additional premiums, generally reduce the amount of risk transfer and make it less likely that risk transfer is reaonably self-evident."- "Reinsurance Attestation Supplement 20-1: Risk Transfer Testing Practice Note," American Academy of Actuaries, November 2005. ...[edit] Risk Limiting FeaturesAn insurance policy should not contain provisions that allow one side or the other to unilaterally void the contract in exchange for benefit. Provisions that void the contract for failure to perform or for fraud or material misrepresentation are ordinary and acceptable.The policy should have a term of not more than about three years. This is not a hard and fast rule. Contracts of over five years duration are classified as ‘long-term,’ which can impact the accounting treatment, and can obviously introduce the possibility that over the entire term of the contract, no actual risk will transfer. The coverage provided by the contract need not cease at the end of the term (e.g., the contract can cover occurrences as opposed to claims made or claims paid).The contract should be considered to include any other agreements, written or oral, that confer rights, create obligations, or create benefits on the part of either or both parties. Ideally, the contract should contain an ‘Entire Agreement’ clause that assures there are no undisclosed written or oral side agreements that confer rights, create obligations, or create benefits on the part of either or both parties. If such rights, obligations or benefits exist, they must be factored into the tests of reasonableness and significance.The contract should not contain arbitrary limitations on timing of payments. Provisions that assure both parties of time to properly present and consider claims are acceptable provided they are commercially reasonable and customary.Provisions that expressly create actual or notional accounts that accrue actual or notional interest suggest that the contract contains, in fact, a deposit.Provisions for additional or return premium do not, in and of themselves, render a contract something other than insurance. However, it should be unlikely that either a return or additional premium provision be triggered, and neither party should have discretion regarding the timing of such triggering.All of the events that would give rise to claims under the contract cannot have materialized prior to the inception of the contract. If this "all events" test is not met, then the contract is considered to be a retroactive contract, for which the accounting treatment becomes complex.[edit] Insurer’s business modelProfit = earned premium + investment income - incurred loss - underwriting expenses.Insurers make money in two ways: (1) through underwriting, the process by which insurers select the risks to insure and decide how much in premiums to charge for accepting those risks and (2) by investing the premiums they collect from insureds.The most difficult aspect of the insurance business is the underwriting of policies. Using a wide assortment of data, insurers predict the likelihood that a claim will be made against their policies and price products accordingly. To this end, insurers use actuarial science to quantify the risks they are willing to assume and the premium they American Agents Insurance Company
American Bankers Insurance
American Banker Insurance Companies
American Bankers Insurance Group - Assurant Group
American Benefit Consultants Insurance
American Chambers Life Insurance
American Contractors Insurance Group
American Equity Insurance
American Express Financial Express - ID
Allstate Insurance Companyhas everything you need to do insurance business online for auto, family, home, around the corner, or around the world.
Amica Insurance Company - Offers instant home, term life, and auto insurance quotes. Coverages include car, whole life, flood, and boat insurance
Here's a GREAT resource site for auto insurance tips, based in Ontario, but the advice is good throughout America.
The Arrowhead Group
The Co-operators - A Canadian-owned, multi-line insurance company that provides home, auto, life, farm, business, and group insurance. Also offers financial security products, including RRSPs. Find an agent or request a quote.
This is NOT legal advice but it is a fact: In most courts of law, you cannot prove you have been forced off the road unless some physical contact with the offending vehicle has occurred. I know it is just human nature to dodge the other vehicle at all costs, just remember that YOU are probably responsible for all damages done to your vehicle and anything that it strikes unless some physical contact with the offending vehicle has occurred. I urge you to check the laws in YOUR state, today!
Drag DownThe High Cost of Insurance
Let us help you catch all the insurance protection you need for the money you are spending. Compare what you have to pay now with the family-friendly values we find. See if the savings don't average 46% better than what you expect on ALL Your Insurance Needs for:
Quote Type: Select an insurance typeAuto InsuranceHome FinanceHealth InsuranceHome InsuranceLife InsuranceMotorcycle InsuranceAuto FinanceSmall Business Insurance
Loan Type PurchaseRefinanceHome EquityMobile Home/Manufactured HousingOther
Zipcode:

Car Safety Tips
If your car has remote keyless entry and you lock your keys inside the car you can call a significant other with a duplicate key. Hold your cell phone close to the car door then ask the person with the duplicate key to press the unlock button while holding it close their cell phone. Sweet music will greet your ear as your car unlocks. This will work even if you are in Europe and the other cell phone is in South America. Even if you are only blocks apart this will still save the time it normally takes to drive the key to you.
Don’t just keep paying your car insurance invoice when it comes in. For example, many people needlessly carry full coverage on their old car. They originally purchased the vehicle new, paid for full coverage and to this day, continue to pay the same high rate. Once a vehicle gets old it doesn't matter how much coverage you pay for or even how much your vehicle is really worth you will only be paid a specific (lowball) figure if an accident ever happens. Your annual insurance bill should be an automatic trigger for you to make a few phone calls to see if you can save even more money on your car insurance premiums.
Here's another tip.. Let your fingers do the walking… Shop around -- and do it at least yearly. Here are a few suggestions to help you get the best deal available on your car insurance policy.
Auto Insurance agents really have a lot of leeway when it comes to premium quotes. They can price match and they can offer you many discounts IF THEY WANT TO. There are also many decisions you can make about your policy that will save you a bundle. For example, if you change your deductible on your collision from a $50 deductible to a $1000 deductible, you’re in line for a huge premium savings. If you don’t think you could come up with $1000 out of pocket, then change it to a $500 deductible; you’ll still save a sizable amount on your annual premium payment. You can also get more savings if you change your comprehensive deductible. Let's say your ten year old vehicle may be worth $1000 or less. If you continue to pay $250-$450 every six months (total $500 to $900 dollars a year) too keep full coverage on their old vehicle you are driving yourself into the poor house. If you have an accident and totaled their vehicle, the insurance company will only pay you the actual wholesale value of the vehicle. In other words, you'll be very lucky to receive $1000 and it will probably be -- less.
Another method to save more on your insurance is by combining your vehicles and other insurance together to get you additional savings. All insurance companies offer a multi-car discount (if yours doesn’t, it’s time to switch companies). Further, many will discount more if you have your homeowners or renters policy with them. There are a few other discounts that you may not be taking advantage of. It seems obvious, but make sure you are getting the correct rate for your age. There are discounts for various ages than can save you lots of money. Check with your agent on this one. Also alarm systems on your vehicle are usually good for a discount. Additionally, anti-lock brakes and air bags can also help lower your premiums.



Dairyland Insurance - Offers nonstandard auto and preferred motorcycle insurance products. Farmers Insurance Group of Companies -
Rates are rising for teenaged girl drivers. My sources say it's because so many of them have cell phones and can't quit using them. What are they squealing about? Boys.
Geico Direct
Great American Auto Insurance
GuideOne Insurance
The Hartford Financial Services Group welcomes the opportunity to serve your vehicle insurance needs! It's easy to get a quote online, by telephone and from an agent close to you.
MBA Insurance - RV insurance needs since 1978
Mendota Insurance Company
The Motorists Mutual-American Hardware Insurance Group

Insurance Strategies is a full service transportation insurance agency specializing in transportation insurance, including Trucks, Semi Trucks, Trailers, Buses, Mexican Buses, Medical Transport, Rental Car, Taxi, Shuttle*
Get the latest Insurance News Hot From the DePotand Great Health News you can really use!
Avoid the Speed Traps, in your area.
S


Are you worried, or even frightened because you can't be insured? Check out the best health programs available. Our Patient Advocacy Team can help you through some tough situations.
American Family Insurance
American Family Life Assurance 3700 Crestwood Pkwy NW. Duluth, GA 30096-5599 Phone: (770)935-9330
American Farm Bureau Insurance Services Inc.
American Fidelity Assurance is your financial security solution for annuities, disability, cancer, and life insurance. Phone: (800) 654-8489
American Fidelity Life Insurance Company: 4060 Barrancas Ave., Pensacola FL 32507-3467 Phone: (850) 456-7401
American Financial Group
American Franklin Life Also known to customers as Franklin Life.
American General Annuity has a web site designed to help you learn more about annuities so you can make intelligent decisions.
American General Corporation
American General Life & Accident
American General Life and Accident Insurance Company
AMERICAN GLOBAL INSURANCE COMPANY
American Guaranty and Trust
American American Income Life Insurance Co With over $15 billion of life insurance in force, American Income is nationally recognized as one of the significant carriers of supplemental insurance in North America. Headquartered in Waco, Texas, American Income is licensed in 49 states, the District of Columbia, Canada, and New Zealand.
American Insurance Services Group
American Insurance Association
American Insurance of the Treasure Coast
American International Pacific Insurance
AMERICAN INTERNATIONAL SPECIALTY LINES INSURANCE COMPANY
American Life Insurance of New York
American Medical Security
American Mexican Insurance Service Inc.
American National Insurance Company
American National and its subsidiaries are a multiple-line Insurance Company.
American Public Life whether you are a broker, agent, employer or employee, we want to assist in helping to meet life's challenges. We want to serve your needs. On this site you will find information on our medical supplement plans, disability, cancer, dental and life insurance.
American Psychological Association Insurance Trust
American Re-Insurance Company
American Republic Insurance Company
American Risk and Insurance Association
American Skandia Life
American Specialty Health
American United Life Insurance Company
American Western Life
Great American Life Insurance Co.
Great American Insurance Co
General American Life "While visiting our site you'll learn about us and our broad range of life insurance, health insurance, annuity, investments, and pension and profit sharing plans. We serve individuals, groups, and businesses with a comprehensive portfolio of financial products and services. We invite you to find out more about how we deliver on our promise of "Products to value, people to trust."
Great American Insurance
ISU North American Insurance Agency
Loyal American Family
Mexican Insurance from American Mexican Insurance Services
Mutual of America
Old American Insurance Company: 3520 Broadway KANSAS CITY MO 64111 Phone: (816) 753 4900 The company was founded in 1939. For almost 60 years, its mission has been to provide peace of mind to the senior market and, in turn, enhance the quality of life for both the policyholders and their beneficiaries. Old American has more than one billion dollars of life insurance in force. It operates in 45 states and the District of Columbia and currently has more than 300,000 policyholders. The parent company is Kansas City Life Insurance Company.
Phoenix American Insurance Group
SDG All American Insurance Agency
Van-American Insurance Company
Heritage Life InsuranChartered Health Plan stresses quality medical care by providing our members with a choice of health care providers, health education, and staff dedicated to service excellence. Chartered Health Plan is committed to developing health care resources, which will assist minorities in the District of Columbia to maintain their health and to become totally healthy individuals. The ultimate goal is to strengthen educational and economical development by helping to bridge the digital divide for our community.
Chubb/Life America, Warren, NJ -- Personal Insurance -- How fragile is your dream? How solid is your coverage? Insure with Chubb and receive coverage and service solutions designed for people who expect more.
CIGNA Health Plan, Philadelphia, PA
Columbia Casualty
Commercial Travelers is one of America's oldest and most respected accident and health insurance companies - privileged to serve policyholders coast to coast with a wide range of products.
Compcare Health ServicesContinental General Insurance Company
Combined Benefits Insurance Company
Combined Insurance Company of America
Combined Life Insurance Company of New York - Latham, NY
Commercial Insurance Company of Newark, NJ - New York, NY
ce Co
Connecticut General Insurance
Conseco has 13 million customers.
Continental Assurance Company
Continental Casualty Company
Continental General Insurance Company
Continental Insurance Company of New Jersey Continental Insurance Company of Puerto Rico Continental Insurance Company, The Continental Lloyd's Company Continental Reinsurance Corporation
CoreStar a subsidiary of TrustMark Trustmark offers health and life insurance and benefits administration services to employer groups, primarily through five separate operating divisions:
Cost Care, Inc.
Country Insurance & Financial Services - A full range of insurance and financial planning services. News and information about the company, available policies and services, agent search, a game zone for teaching kids about safety.
Manhattan National Life Insurance Company, The
Mayflower Insurance Company, Ltd., The
M-Care With networks that include thousands of doctors and many leading hospitals, M-CARE has been serving Southeastern Michigan for years. We offer a variety of health care products, including HMO, Open Access, M-CARE PPO, HSA, and Medicaid plans.
Mercy Health Plans Healing in the broadest sense. These powerful words encapsulate the Mercy Health System mission and our organization's commitment to our patients and community members. Healing in the broadest sense is what our 3,856 employees, who we call partners, strive for each and every day.
MMA Insurance Company Whether you’re an individual, business, or church, MMA offers a variety of health, life, and other specialty insurance products to fit your unique needs.
Modern Woodmen of America As a fraternal benefit society, Modern Woodmen provides benefits for members, their families and their communities.
Monumental Life Insurance Company
Mutual Of Omaha is found here. At Mutual of Omaha, we have worked hard to become one of the largest providers of individual health and accident insurance in America, one of the largest group carriers and one of the nation’s largest administrators of Medicare Part A claims. But we point with greatest pride to our 90 years of outstanding service to our policyowners. Our commitment to customer service is second to none – it is the core of our vision and values for success.
Mutual of Omaha Health Plans, Inc.
MVP Healthplan offers a wide range of health benefit products including a preferred provider organization (PPO), an exclusive provider organization (EPO), indemnity health insurance products, the MVP HMO (MVP Health Plan, Inc.) and administrative services for employers who choose to self-insure. MVP will enter the Medicare market in 2007.
Click HERE if you are pregnant and have NO insurance.
A Directory of the Best Health Insurance Companiesstarting with the letter "N"
N Section
National Fire Insurance Company of Hartford
National Preferred Providers Network As one of the largest and fastest growing Preferred Provider Organizations, we are always looking for ways to serve you better.
Nationwide-Health Choosing proper health care management tools is an important decision for all of us. Making smart decisions today can help ensure we'll be living a healthier lifestyle tomorrow. Nationwide Better HealthSM offers a wide variety of products, services and benefit options to suit all of your health care needs. We're here to assist you every step of the way.
New York Life Insurance Company Why Choose Us? Well, for three simple reasons: our award-winning professionally-trained agents, our top-flight customer service, and the highest ratings for financial strength.
Niagara Fire Insurance Company
North American Company for Life and Health
Northern Arizona Healthcare is the parent corporation of Flagstaff Medical Center, Verde Valley Medical Center, VVMC-Sedona Campus and Northern Arizona Homecare. NAH is dedicated to improving the health of the people and communities we serve in Northern and Central Arizona.
A Directory of the Best Health Insurance Companiesstarting with the letter "O"
O Section
ODS Health Plans
Omnicare Health Plan
Optum
Oxford Health Plans, Darien, CT
Oxford Life Insurance Company of Phoenix, Arizona specializes in providing innovative and consumer-friendly life, annuity and health insurance.
beneficiaries a variety of consumer-driven health care and insurance products.
Pacific Insurance Company
PacificSource Health Plan
Pekin Insurance Life and Health
Personal California Care The HMO for Families and Individuals
Physicians Mutual Insurance Co Established in 1902, originally to protect doctors and dentists, we now protect Americans in all professions and from all walks of life.
Pioneer Life Insurance Company
AARP Life Insurance
Acacia Life Insurance Company life, annuities, mutual funds, investments, financial planning.
Advance sells group insurance for dental, disability, term life, accidental death & dismemberment, and dependent life in 38 U.S. states
AEGON is an international pension, insurance, and financial services organization and ranks as one of the largest insurance/financial services groups in the world. Member companies site can be found here,
Aetna Life & Annuity
Aetna Life & Casualty
Aetna Life Insurance and Annuity Co
AFLAC -- American Family Life insuring over 40,000,000 people, worldwide. American consumers expect their major medical plans to be a remedy for all medical and related expenses if they suffer an accident or illness. Many find out the hard way that most major medical plans are designed to pay doctor and hospital bills — not all the uncovered and incidental expenses created by treatment and potential changes in standard of living.
Get the latest Insurance News Hot From the DePotand Great Health News you can really use!
Aid Association for Lutherans
AIG Life
Allianz Life Insurance Co of America
Allmerica Financial
Allstate Canada
Allstate Insurance
Amalgamated Life Insurance Co
Ameritas Life Insurance Company
Ameritas Variable Life Insurance Co
AmerUs Life
Amica - Mutual insurance company
Anthem Life Insurance Company
Assurity Life Insurance Company
Everyday Mysteries, Fun-filled Facts from the Library of Congress. From Armadillos to Zebras, from why does slicing an onion make you cry to Who invented the telephone, this short and saucy little book is one of the best written books I've seen in a long time. Please be sure to RIGHT CLICK on the link as this book is in pdf format so that every computer can read it.
AmeriBest Life Insurance Company
Remember, I have listed those companies with AMERICAN in their name on ONE page.
Find the most competitive Life Insurance rates available.
Atlas Life Insurance Company: is unique in the sense that if they handle your personal insurance or business insurance they know what your financial risks are and can help you to identify how the loss of financial income can affect the protection of your assets. 5062 BRITTONFIELD PRKWY; EAST SYRACUSE NY 13057 Phone: (315) 431-6100 -- Phone: (800) 443-4000 62 MAPLE AVENUE KEENE, NH 03431 Contact Agent Pat Doughtery for the best service.
Aurora National Life Insurance Co
AUSA Life Insurance Company, Inc. 4 MANHATTANVILLE RD PURCHASE NY 10577 Phone: (914) 697-8000 Part of AEGON.
B Section
Banker's Life and Casualty: 222 Merchandise Mart Plz Fl 5 Chicago, IL 60654 (312) 396-6000 Part of Conseco.
Bankers National Life
Banner Life Insurance Co
Bankers Life Insurance Company of New York Our combination of innovation, financial strength, and excellent service has helped position Bankers Life as a premiere insurance carrier in our community.
Banker's United Life Assurance
Baptist Life Association
Beneficial Standard Life Insurance Co
Berkshire Life Insurance Co
Boston Mutual Life Insurance Co
C Section
Canada Life Assurance Co
Catholic Family Life Insurance Co
Catholic Life Insurance Union
Central Reserve Life
Cigna Individual Financial
Clarica
Colonial Life and Accident 21000 Frontage Rd Belgrade, MT 59714-8547 Phone: (406) 388-5608 There are over 200 offices for this company
Colonial Life Insurance Co of Texas
Colonial Penn Life "We believe in making insurance simple to understand and simple to buy. We specialize in offering affordable coverage directly to you. This site makes it easy to get the information you need and the protection you want."
Columbia Universal Life
Columbus Life Insurance Co has consistently grown and prospered for more than 90 years. Today, we have more than 1,500 agents marketing our insurance products and services, supported by a diverse and talented home office team of insurance professionals.
Commonweatlth Insurance
Connecticut General Insurance
Conseco has $93.6 billion in total managed assets.
In addition to our home, auto and life policies, Cotton States also offers a number of specialty coverages, including renters insurance, health coverage, mortgage protection, disability insurance, dental plans, guaranteed issue life plans, mobile home insurance and many other specialty insurance products to meet your insurance needs.
Country Insurance & Financial Services, formerly known as Country Companies, has changed their name and website address. The new address is: www.countryfinancial.com
COVA Financial Services Life Ins Co
Coverna Direct: Term Life insurance offering ease, comfort, savings...online quotes.
Cuna Mutual Life Insurance Co
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
D Section
**
Leave A Million Dollar Legacy: Be Your Own Banker! Money you are already spending can provide a stable income over your whole lifetime, and still leave millions of dollars for your heirs.
E Section
The Empire Life Insurance Company was incorporated on January 11, 1923. Empire has grown considerably since its founding, and today we are among the top 15 life insurance companies in Canada. We have never sold insurance in the U.S. We are proud of our heritage and our reputation for providing Canadians with sound investment opportunities, financial solutions and income security. Phone us at 1-800-561-1268
Employers Modern Life
Epic Life Insurance Company
The Equitable Company
Equitable Life Insurance Company of Iowa
Erie Family Life
F Section
Farm Bureau is the one company I run into most in farming country. I've had my home insured by them and found the cost lower and the service better than any other company I've investigated.
Farmers & Traders Life
Federated Life Insurance Company: We are here to offer risk management and loss prevention services to help you avoid accidents. We are here to help you recover when catastrophes strike. We are here to help you plan for the future of your business.
FIC providing financial security for a lifetime
Fidelity & Guaranty Life
Fidelity Investments Life Insurance Co
Fidelity Security Life was founded out of responsiveness to the need for customized insurance products for niche markets. Over 30 years later, we take pride in being able to say we still do not have shelf products; each plan is tailored to the customer's needs.
Financial Benefit Life Insurance Co believes in continually enhancing its annuity products based on market conditions.
First Colony Life Insurance Company
First Fortis Life Insurance Company
Just how healthy are you? It would probably help to find out BEFORE you fill out the forms. I have created a PRE-INTERVIEW FORM strictly for your own information so you'll know what might be coming at you.
First In Life.
First Penn-Pacific Life
First Unum
First Variable Life Insurance Co
Forethought Life Insurance Company offers funeral planning.
Fort Dearborn Life Insurance Company Blue Cross/Blue Shield of Illinois
Fortis Financial Company Formerly Life of Virginia. Main Phone Number: 1-800-800-2000 This is now part of The Hartford Group.
Franklin Life for mail or phone contact, use Franklin Life Insurance Company: #1 Franklin Square Springfield, IL 62713-0001 Toll Free 800-528-2011
G Section
Garden State Life We sell small face amount life insurance policies direct to the consumer without a medical exam. One of our main goals is to provide life insurance protection to people with smaller life insurance needs that often get overlooked by the larger companies.
GE Life & Annuity
Gerber Life Insurance Company
Gleaner Life Insurance Society has been a friend of the family since 1894. At Gleaner, we guarantee... "Every morning when you wake up, you're worth more than you were the night before."
Globe Life And Accident Insurance Company
Golden American Life Insurance Company
Golden State Mutual Life Ins
Grange Mutual Life Insurance Co
Great American Life Insurance Co We are part of American Financial Group, Inc. (AFG), a larger family of companies with more than 130 years of experience. (Great American Insurance Company dates back to 1872.) AFG subsidiaries market property and casualty insurance. To learn more about property and casualty operations, visit Great American Insurance Group. Our Subsidiaries are: Great American Life Insurance Company® Annuity Investors Life Insurance Company® United Teacher Associates Insurance Company Loyal American Life Insurance Company®
Greater Beneficial Union
Great Southern Life
Great Western Insurance Company located in Ogden, Utah, provides funding for pre-arranged funeral planning. Funeral pre-arrangements allow individuals the opportunity to plan their own funeral, including the selection of merchandise and services, and pay in advance. In many cases, funeral homes provide a guarantee so that the family never pays more for the funeral at the time of death.
Great West Life Assurance Co
Great-West Life & Annuity
Guarantee Life Insurance Co
Guarantee Trust Life Insurance Co
Guardian Life Insurance Company From our day-to-day dealings with our clients, to our involvement in our hometown communities, Guardian strives to enrich the lives of the people we touch. "Let's first of all recognize something very fundamental about Guardian: We are a mutual company. A mutual company is owned by its policy owners. We work for the benefit of the policy owners."
Amica - Mutual insurance company.
The Amwest Surety Insurance Company is in Liquidation. Amwest is determined to assist the Insured, Agents, Principals, Obligees and other Claimants of Amwest Surety Insurance Company with information about the Amwest liquidation process.

The Citadel Assurance Company of Canada

Congregational & General Insurance - UK insurance company providing church, home, commercial, and charity insurance.
Cotton States offers home insurance in 10 southeastern states.
Erie Insurance Group for Homes.
Farm Bureau is the one company I run into most in farming country. I've had my home insured by them and found the cost lower and the service better than any other company I've investigated.
Farmers Insurance Group of Companies

Madison Mutual Insurance Company

Metropolitan Life Insurance Company
Mobile Home Insurance Foremost has insured mobile homes about as long as mobile homes have existed in this country. We insure more than 1 million mobile homes...

Sentry Insurance
Southern United offers a non-standard auto insurance program with NO credit scoring.
USAA Worldwide Insurance
Auto insurance carriers with web sites are listed on this page for free.

Westfield Insurance Company
Westfield National Insurance Company
Zurich
Switzerland
108.1

2
2
Geneva
Switzerland
108.0
=3
3
Vancouver
Canada
107.7
=3
4
Vienna
Austria
107.7
=5
5
Auckland
New Zealand
107.3
=5
6
Düsseldorf
Germany
107.3
7
7
Frankfurt
Germany
107.1
8
8
Munich
Germany
106.9
=9
9
Bern
Switzerland
106.5
=9
9
Sydney
Australia
106.5
11
11
Copenhagen
Denmark
106.2
12
12
Wellington
New Zealand
105.8
13
13
Amsterdam
Netherlands
105.7
14
14
Brussels
Belgium
105.6
15
15
Toronto
Canada
105.4
16
16
Berlin
Germany
105.2
17
17
Melbourne
Australia
105.0
=18
18
Luxembourg
Luxembourg
104.8
=18
21
Ottawa
Canada
104.8
20
20
Stockholm
Sweden
104.7
21
21
Perth
Australia
104.5
22
22
Montreal
Canada
104.3
23
23
Nürnberg
Germany
104.2
=24
25
Calgary
Canada
103.6
=24
25
Hamburg
Germany
103.6
26
31
Oslo
Norway
103.5
=27
24
Dublin
Ireland
103.3
=27
27
Honolulu
USA
103.3
29
28
San Francisco
USA
103.2
=30
29
Adelaide
Australia
103.1
=30
29
Helsinki
Finland
103.1
32
31
Brisbane
Australia
102.8
33
33
Paris
France
102.7
34
34
Singapore
Singapore
102.5
35
35
Tokyo
Japan
102.3
=36
37
Lyon
France
101.9
=36
36
Boston
USA
101.9
38
37
Yokohama
Japan
101.7
39
39
London
UK
101.2
40
40
Kobe
Japan
101.0
41
44
Barcelona
Spain
100.6
=42
45
Madrid
Spain
100.5
=42
51
Osaka
Japan
100.5
=44
41
Washington DC
USA
100.4
=44
41
Chicago
USA
100.4
46
43
Portland
USA
100.3
47
53
Lisbon
Portugal
100.1
48
46
New York City
USA
100.0
=49
51
Milan
Italy
99.9
=49
47
Seattle
USA
99
1
London
77.79

2
New York
73.80

3
Tokyo
68.09

4
Chicago
67.19

5
Hong Kong
62.32

6
Singapore
61.95

7
Frankfurt
61.34

8
Paris
61.19

9
Seoul
60.70

10
Los Angeles
59.05

11
Amsterdam
57.30

12
Toronto
57.11

13
Boston
56.47

14
Sydney
56.26

15
Copenhagen
56.14

16
Madrid
56.06

17
Stockholm
54.51

18
San Francisco
54.36

19
Zurich
54.33

20
Atlanta
54.19

21
Miami
53.76

22
Houston
52.96

23
Washington D.C.
52.68

24
Berlin
52.24

25
Milan
52.23

26
Munich
51.85

27
Montreal
51.35

28
Vancouver
51.10

29
Brussels
51.05

30
Vienna
50.94

31
Dublin
50.72

32
Shanghai
50.33

33
Barcelona
50.15

34
Melbourne
48.89

35
Geneva
48.05

36
Bangkok
47.96

37
Dubai
46.61

38
Kuala Lumpur
45.82

39
Santiago
44.56

40
Budapest
43.75

41
Prague
43.55

42
Mexico City
43.35

43
Rome
43.18

44
Tel Aviv
43.00

45
Mumbai
42.70

46
Beijing
41.94

47
Johannesburg
41.37

48
Sao Paulo
41.14

49
Warsaw
40.56

50
Moscow
39.80