Risk Management Blog
Get the Latest News from SIGMASIGMA’s 2022 Highlights
Obstacles and challenges in the insurance industry abounded in 2022, which presented difficulties globally. As we reflect on the last year, perhaps the largest challenge we faced as a firm was losing our beloved CEO, Timothy Coomer, PhD to a two year cancer battle....
Aggregate Loss Retentions and Changing Exposures
As we approach year end, many companies are finalizing details for their 2023 policy renewal. Such policies may include annual aggregate limits (or retentions) on losses retained as part of a company’s self-insured retention (SIR) or deductible. While the...
Loss Development Factors: A Primer for Captives
Michelle Bradley and Enoch Starnes recently authored an article for Captive International titled “Loss Development Factors: A Primer for Captives”. In it, they summarize the basic attributes of loss development factors, discuss their impact on retained risk, and...
‘An Actuarial Advantage’ Has Been Revised!
Fifteen years ago, Tim Coomer created “An Actuarial Advantage” with the goal of educating his fellow insurance colleagues on actuarial concepts and methodology. With well over 100,000 copies of the book now in circulation, we are excited to publish a new edition...
Visualizing Risk Retention and Variation
Over ten years ago, Tim Coomer developed the “Cone of Uncertainty” graphic and wrote a corresponding article on the decisions surrounding risk assumption and retention levels. When Tim heard about concepts that SIGMA’s clients struggled to comprehend, he would often...
10 Quick Ratios to Health-Check Your Captive
In a recent article published by Captive International, Lori Ussery discusses “10 Quick Ratios to Health-Check Your Captive”. These ratios provide valuable insight into the overall financial viability of a captive and identify areas which may need focused attention....