Through The Smoke: A Look At Industry Trends

2016 ◽  
Author(s):  
Matt Eaton ◽  
Kim Lucin ◽  
Blake White ◽  
John Footen
Keyword(s):  
Industry Trends

Arctic projects

Globus ◽  
2020 ◽  
Author(s):  
D. Kulpin ◽  
Keyword(s):  
Economic Activity ◽  
Russian Arctic ◽  
Industry Trends

The article briefly examines a number of Russian Arctic projects, each of which lays down some industry trends, and in General gives an idea of the current and promising directions of economic activity in the region in the form that the initiators see it. Certain generalizations on the nature and direction of projects are made, a number of conclusions are formulated and individual recommendations are given.

Loss reserve variability and loss reserve errors

2014 ◽  
Vol 15 (3) ◽  
pp. 248-263 ◽  
Author(s):  
Enoch Nii Boi Quaye ◽  
Charles Andoh ◽  
Anthony Q.Q. Aboagye
Keyword(s):  
Insurance Companies ◽  
Content Type ◽  
Main Research ◽  
Loss Reserve ◽  
Smooth Flow ◽  
Regulatory Standards ◽  
Sources Of Variation ◽  
Regulatory Bodies ◽  
Property And Liability Insurance ◽  
Industry Trends

Purpose – The purpose of this study is to assess the level and variability of Ghanaian property and liability insurer’s reserve estimates to examine its sources and ascertain if reserve errors are random or not (i.e. manipulated or not). Design/methodology/approach – It uses information on insurer claim reserve provisions, claims outstanding, claims incurred and claims paid for the period of 2000-2010. Categorizing the sources of variation as endogenous and exogenous, the authors use the panel correlated standard error regression model to determine sources and magnitude of industry reserve error. Findings – The study finds that size, age, lag of loss reserve error, inflation rate and real gross domestic product are significant in determining the degree of reserve error variation. Type of ownership (domestic or foreign) is, however, not a significant source of variation. Further, the authors found that industry reserve errors are random (not manipulated) across firms, suggesting that sampled insurers act independently on reserve error decision making and are not influenced by industry trends and competition. Research limitations/implications – The main research study limitation is the difficulty involved in obtaining annual statements from insurance companies in Ghana. Reluctance of companies to make statements available impeded on the smooth flow of the study during data collection. Practical implications – Policy-wise, this suggest that regulatory bodies can uniquely set reserve error levels for existing firms with little influence on competition. Further, the Ghanaian insurance regulator does not to focus on the type of ownership (foreign or local) when setting regulatory standards. However, size of the company and age (length of operation) should be considered. Originality/value – This paper is the first empirical study to examine the loss reserve error and loss reserve variability of Ghanaian property and liability insurance companies.

Quantum Computing and the Architectural, Engineering and Construction (AEC) Industry: Trends, Challenges, Near-Term Practical Opportunities and Future Outlook

2021 ◽  
Author(s):  
Oliver Barima ◽  
Keyword(s):  
Quantum Computing ◽  
Future Research ◽  
Communication Tools ◽  
Architectural Engineering ◽  
Complex Problems ◽  
Potential Impact ◽  
Near Term ◽  
Communication Methods ◽  
Industry Trends ◽  
Aec Industry

Digital computing and allied communication tools have been phenomenal, but they are fast reaching their technical limits and also their capacity to solve certain extant complex problems. Quantum computing has now emerged with a touted potential to deal with aspects of the latter complex problems and also significantly transform extant computing and communication methods. Yet, little studies exist in the Architectural, Engineering and Construction (AEC) industry related literature on quantum computing to boost awareness and also explore its prospective impact on the AEC industry. This study discusses the underpinning basic concepts, technologies and trends in the quantum computing domain to build awareness to boost Architecture, Engineering and Construction (AEC) industry capacity on the topic. The research dissects the challenges in this novel area. And also examines the near-term practical opportunities and potential impact of quantum computing on the AEC industry. The study concludes with suggestions for practice and future research.

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