General Discussion

Re-insurance companies have been pulling back, thus forcing your standard insurance companies to do the same.

I went to Nationwide to see what they had in product/pricing/analytics, the link was no longer active. On Linkedin, a product analyst position will have over 100 applicants. No company is looking to grow outside of auto. There have been mass layoffs and quiet firings/forced retirement everywhere. It's no longer about growth but, shrinking your footprint.

New positions and titles have emerged...Catastrophe Analysts. They are all trying to price for more global climate change issues but don't know how just yet. Too many wake up calls in the insurance industry so they are taking measures to figure it out. The GOP spent ages trying to deny this was happening, well, its happening to everyone's wallet now.