American International Group, Inc.

The Group aspires to provide improved customer solutions, delivering sustainable shareholders returns and providing a ‘must have experience’ for its people. Financially, it is expected a further $75m will be invested into the Optimisation program throughout 2018 after the establishment stage, whilst the sustainable return on equity will increase by 10% and the ordinary dividend payout ratio will increase to 80% of cash earnings. Through succinct structure such goals can be reached, yet the external conditions of the insurance industry much be assessed for an accurate prediction of future financial earnings. Similarly affecting all competitors, the current low yet steady capital intensity (approximately 0.1 units per labour unit) and industry assistance offers an industry threat, whilst both technology/systems and revenue volatility is holding at a medium level, further affecting the 2016 financial year. Additionally, in the industry of insurance, a higher level of revenue volatility implies greater industry risk, thus holding the ability to affect long-term strategic decisions if high fluctuation was to take

Northwestern Mutual is one of the top insurance companies listed on the Fortune 500 whose annual report is effective in showing the company’s value and mission, and in promoting its image. The company has been providing and will continue delivering beneficial insurance and financial products to its customers. By repeating select words in varying contexts, using powerful and illustrative photos of the company’s customers and employees, as well as applying easy-to-navigate and accessible design, Northwestern Mutual created an effective Annual Report of 2011 that benefits its intended readers with important and targeted information.

Aflac has grown not only in the United States but also in Japan, as well. Aflac was sprouted from the idea of three brothers who believed people needed protection when a medical problem arose (“Aflac Supplemental Insurance”, 2015). Their core value was always held to high standards and that was to “put the policyholders first (“Aflac Supplemental Insurance”, 2015).” Aflac also strives themselves to be comprised of a diverse group of individuals. This idea buds the notion that each individual person brings different strengths to the table and for this reason is why Aflac has been so successful over the decades.

We ranked fourth in market share in the U.S. private passenger auto market for 2009 based on net premiums written and believe that we held that position for 2010. There are approximately 360 competitors in this market. Progressive and the other leading 14 private passenger auto insurers, each of which writes over $1.8 billion of premiums, comprise about 75% of this market. For 2009, the industry net premiums written for private passenger auto insurance in the United States was $156.5 billion, and our share of this market was approximately 7.8%, compared to $158.0 billion and 7.3% in 2008, respectively; comparable industry data is not available for 2010 at this time. All industry data, including ranking and market share, was obtained directly from data reported by either SNL Financial or A.M. Best Company, Inc. (“A.M. Best”), or was estimated using A.M. Best data as the primary source.

Mr. Buffett entered into the automobile industry in the very right time, industry soaring and market growing faster with the help of new advanced technology. New acquisitions are also providing the benefits of access critical complementary assets. However, I believe, with this new diversification GEICO will get minor advantages. Because new insurance subscription is all depends on customers’ choice and their existing insurance company benefits, if the customer already owned a car and holding insurance. If Berkshire forced customers to take their primary lender GEICO policy then, Berkshire automotive would disappoint the customers’ choice.

Arthur J. Gallagher & Co. was founded in 1927 in a Chicago, IL suburb. Services provided are a full range of retail and wholesale property/casualty (P/C) and employee benefit products, claims and risk management services. The clients range from businesses of all sizes, not-for-profits, municipalities and individual insureds. They have over 20,000 employees with 100 offices globally. They have an intern program that accepts 150 students each year. “(Working Here”). Arthur J. Gallagher’s 2016 earnings were $5,594,800 in December of 2016 (“Investor’s Relation”).

Nationwide, a mutual insurance company with affiliated companies in the financial services, is one of the largest insurance companies in the US. Insurance is created to protect the safety of a person, home, or business in the event of an unexpected loss. The annual report is used to disclose the company’s activities throughout the preceding year to shareholders and potential investors. Nationwide’s 2012 Annual Report uses three strategies to communicate to investors: displaying repetition of the company logo, “On Your Side,” conveys excellent customer service; utilizing a timeline shows the importance of insurance at different life stages to emphasize company stability and to create lifetime customers; and presenting highlighted numbers showing

To begin, Guardian is considered as a leader in the insurance industry. A couple of examples of the Guardian Insurance Agency’s commitment to its mission statement are its financial results and statistics. Today, Guardian stands at 7.3 Billion Dollars in capital and 1.5 billion in operating income. Additionally, this information can be validated by Investopedia

The Auto Company of America, Inc. (ACA) is exposed to a variety of risks but most outstanding is what has been defined as man-made risk.

The challenge for the insurance companies nowadays is to provide the right type of policy to the customer as per the financial needs of customers. IDBI Federal is yet to prove its worth in the industry. Though IDBI Federal is able to sell the right policy to the right customer but the needs to boost up its advertisements to build a bond of mutual trust between the customers and the company. The products of IDBI Federal require additional features in it.

Since the rapid expansion, the company suffered from poor cash flows, as business did not increase 3 folds as expected. In fact, it has turned for the worse. We believe that if things remained status quo, there will be a high chance

5) AIG failed due to their lack of initial collateral. This is specifically due to their large amounts of credit default swaps that AIG made without any backups. Basically AIG gave out insurance without proper checks on the people they sold it too and due to the crisis with financial institutions there was no way for AIG to pay out all the claims that they received.

in general. Thus cashing in on the upward trend of premiumisation would be key to the maintenance and growth of the company for the near future.

Founded in 1922, this Texas based insurance company, started out when 25 Army officers, San Antonio, Texas, made the agreement to insure one another’s automobiles. Within 90 years, this miniature insurance group has grown to be one of the premier financial service providers in the nation, boasting over 11.4 million members and 28 thousand employees. USAA provides over 47.2 million active products, such as policies for property/casualty and life insurance, personal banking, discount brokerage accounts, investment management services, and other special services such as real estate development and discount shopping. Keeping true to their original

Our choices led to a constant increase in net income over the three years. Short term debt increase by approximately 100% percent but steadily reduced over the next three years. We were happy with the positive growth of the company and the fact that we were able to pay off most of the initial short term funding required by the increase in working capital requirement. Overall the current situation of the company in 2018 is good, although the total value created is less than 20% of that created in phase 1. From this we learned that the value of the firm can be significantly increased more through a reduction in working capital requirement than through increasing the firm’s sales and net income.