Select one of the companies listed in the box (below right), and compare it to Hartford (listed as #1 below) on the basis of the following information:

• Who are they (what companies in their "group") - also, any mergers, acquisitions, or initiatives in past year
• Where are they domiciled - and what countries, states do they write in; and off-shore activity; global markets and issues - new market initiatives
• What do they write - what lines of business, what markets, specialty or traditional, reinsurance or primary (or both); withdrawn from any markets, any initiatives / innovative products / new markets - current events and changes in rating (example)
• How do they Use Technology - major in-sourcing or outsourcing deals in past 5 years, modeling (e.g., catastrophe risk); compliance/regulatory tech usage (operational risk mgmt.); IT governance issues; scope and purpose (example); communications; customer service/information decimation (example)
• How do they use Reinsurance, derivatives, catastrophe bonds, other
• How do they use their Home Website - e,g., Loss Control/Mitigation information, claims management, quote/buy, enhance agent interface, property valuation functionality, client services, other (example)(example)(example)
• What are their Major challenges - legal, regulatory, significant events, other (e.g.., lawsuits) (example of corporate social responsibility report)
• Their (and your) Observations and forecast (how do they manage risk? over the past three years, what are the trends - if public info available-?)

• AM Best *
  • Rating Definitions
  • Rating System & Procedures
• Benfield Group
• Guy Carpenter Reports
• Holes in the Net? Insurers' woes are mounting... (CFO 4/03)
• Hoovers
• Insurance Information Institute
  • Captives & Other Risk-Financing Options
  • Financial and Market Conditions
  • Insolvencies/Guaranty Funds
  • Reinsurance
  • Residual Markets
• Managing the Risks of Outsourcing: A Survey of Current Practices and Their Effectiveness
• Moody's * (ratings page)
• PwC publications (example)
• Protiviti
• Reuters *
  • Company Rankings
• RIMS - Technology Projects
• SwissRe
  • P & C Industry Results at a glance
  • "sigma" publications
• Standard & Poors (e.g., Harbor Point Re Ltd - Chubb)
  • Report Card
  • Rating Definitions
• Weiss Ratings

* contact me for password (special note: KRW = Katrina, Rita, Wilma

1. Hartford Financial Services (SEC filing 10Q)
   Management's discussion...
2. American International Group (AIG) (SEC Filing 10Q)
3. The Chubb Corporation (SEC Filing - 10Q)(HarborPoint Re)
4. Everest Reinsurance Holdings Inc (SEC Filing 10Q) (Everest Re Group LTD)
5. Fireman's Fund (Allianz) SEC filing-2004
6. HannoverRe (news)
7. Harleysville Group Inc (SEC filing 10Q)
8. HCC Insurance Holdings (SEC filing 10Q)
9. Horace Mann Educators Corp (SEC Filing 10Q)
10. Markel Corporation (SEC Filing 10Q)
11. Mercury General Corporation (SEC Filing 10Q)
12. Montpelier Re Holdings Ltd. (SEC Filing 10Q)
13. Ohio Casualty (SEC Filing 10Q)
14. Philadelphia Consolidated Holdings Corp (SEC Filing 10Q)
15. The Progressive Corporation (SEC Filing 10Q)
16. RLI Corporation (SEC Filing 10Q)
17. Safeco Corporation (SEC Filing 10Q)(Reuters)
18. St Paul Travelers (SEC filing 10Q)(Reuters)
19. Zenith National Insurance Corp. (SEC Filing 10Q)

Katrina reports - catastrophe modelers

• RMS
• FitchRatings (AIR)
• S & P (post-Katrina article)

Sample company: Unitrin (SEC Filing 10Q) (sample pdf)

• Kemper Home & Auto
• Way To Grow (Best's Review interview - March 2005)
• The Wall Street Transcript (Oct. 2004)
• Reuters report
• Unitrin Description
• SEC filings (use SIC 6331)
• CSC (Technology)

Financial Services Facts (courtesy III)

AMD Resources

• AMD's Environmental, Health, and Safety programs and performance

Preliminary draft due April 4th, 2007 (see calendar)

Final draft / scheduling of presentations: April 23; presentations through May 4th (see calendar)