What is an insurance DEATH SPIRAL?

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  • Опубликовано: 14 дек 2024

Комментарии •

  • @EtchedActuarial
    @EtchedActuarial  Месяц назад

    What do you think is the biggest challenge actuaries face when trying to prevent a 'death spiral' in insurance? Share your thoughts!

  • @Letslearntogetheruzh7
    @Letslearntogetheruzh7 Месяц назад +1

    Please make a video on what jobs that I can do beforehand in my bachelors and masters please

  • @milesdavis1412
    @milesdavis1412 Месяц назад

    Hey I am a junior in high school and I was wondering where I should start if I wanted to eventually become an actuary

    • @EtchedActuarial
      @EtchedActuarial  Месяц назад

      That’s great to hear you’re interested in becoming an actuary! At this stage, focus on doing well in math classes, especially in areas like algebra and probability. You could also look up what actuaries do to get a better feel for the career. Once you're closer to college, you can explore actuarial exams and courses that go deeper. 😊

  • @davidxu1615
    @davidxu1615 Месяц назад +3

    Government regulations, although they make people feel like it’s the fair thing to have, can sometimes lead to unfair outcomes. The state of California has the P&C version of the Affordable Care Act which essentially forces companies like State Farm and All State to sell home and auto insurance at a capped rate instead of the higher fair market rate, despite the fact that the likelihood of natural disasters and the crime rates are much higher than those of other states. The insurance companies are now considering or have already decided to move their businesses out of California to states like Texas. It’s simply not profitable to sell insurance in California.

  • @philosophyoftrucking
    @philosophyoftrucking Месяц назад

    I hit a deer this week going down the PA Turnpike.

    • @EtchedActuarial
      @EtchedActuarial  Месяц назад

      Oh no! I hope you’re doing okay. Hitting an animal is such a hard experience. I felt terrible when it happened to me, so it’s comforting to know I’m not alone in feeling that way. We’re in this together!

    • @lilmom1062
      @lilmom1062 Месяц назад

      I also hit a deer this week going down the PA turnpike

    • @coffeepandacat
      @coffeepandacat Месяц назад

      Ok

  • @Letslearntogetheruzh7
    @Letslearntogetheruzh7 Месяц назад +1

    Please make a video on what jobs that I can do beforehand in my bachelors and masters please

  • @Letslearntogetheruzh7
    @Letslearntogetheruzh7 Месяц назад +1

    Please make a video on what jobs that I can do beforehand in my bachelors and masters please

    • @EtchedActuarial
      @EtchedActuarial  Месяц назад

      Hi! I'll absolutely keep this in mind for a future video :) Thanks for the suggestion!