Research on United Services Automobile Association

According to A.M. Best Rating, in 2017, the Financial Strength Rating (FSR) for USAA is A++ (Superior) and Long-term Issuer Credit Rating (ICR) is “aaa”. The ratings show that the company’s operation is stable. In fact, historical data shows that USAA’s FSR and ICR maintain “A++” and “aaa” respectively from 2012 to 2017, except in year 2016 (AMB Credit Report, 2017).

AMB Credit Report writes that, USAA has a low cost structure, favorable operating proficiencies and excellent business profile (AMB Credit Report, 2017). The application of direct-to-consumer business model contributes to USAA’s low cost structure and operational efficiencies. As a result, USAA builds a solid brand relationship with consumers and maintains an expense advantage in the personal lines sector. Additionally, USAA includes different property and casualty members. These members provide many types of products and services that satisfy consumers.

Cyber Risk & Cyber Insurance


Cyber risk is defined to be risks associated with digital devices like computers, cell phones, and media. It is a group of risks that impact everyone from individuals to business organizations or even our government. It usually brings financial loss to a business organization by interrupting its operation or stole valuable information from them. Alongside with the financial losses, there always comes with damage to the organization’s reputation, which could potentially force the affected organization out of the business.

Cyber insurance has a potentially huge market in recent years. One PwC report shows that “cybercrime costs the global economy more than $400 billion a year and the costs will continue to grow” (Insurance 2020 & beyond: Reaping the dividends of cyber resilience). Eliminating or reducing the cyber crime costs is a tough issue for companies and it’s not difficult to predict that cyber insurance is becoming more and more indispensable. While the information technology becomes more and more advanced and complex, cooperations nowadays are beginning to realize the significance of cyber insurance, especially when their system meet with cyber risk. According to an article published on Business Insurance, the current global cyber insurance market size is nearly $3 billion, and is predicted to be $14 billion in 2022, growing at a compound annual growth rate of around 28%(Cyber Insurance Market to See Rapid Growth Through 2022). The data indicates that a quantity of business transfer their cyber risk by buying cyber insurance and this trend is developing speedily. Moreover, the most serious, or the most high-demand countries, are Australia, New Zealand, Singapore, South Korea, and Japan, collectively known as the “Cyber Five”.


About Myself

Detail-Oriented, strategic, multilingual Actuarial Science Student highly regarded for strong quantitative/qualitative research and statistical analysis skills. Recognized for enormous success utilizing technology to support business objectives. Collaborates effectively with business managers to resolve variances, refine forecasts, and identify opportunities for process improvements. Seen as a self-starter with excellent oral and written communication skills. Proven team player with the ability to work with people at all levels of a corporation. Out-of-the-box, analytical thinker who pushes creative limits to solve complex issues, optimizing project outcomes.