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The Not Unreasonable Podcast
How Insurers Hide From Themselves With Rob Johnson
October 22, 2017 David Wright

Rob has been an important mentor to me through most of my career here at Beach. I wanted to take an opportunity to record some of my favourite stories of his and the key lessons he's taught me. This interview covers:

  1. The beginnings of Rob's career and the dawn of the P&C actuary in Australia;
  2. The paper he wrote in 1980, which to me really gets to the essence of Rob's analytical style, which we discuss;
  3. Rob's view on risk tolerance of insurance companies (less than they think!) and how he came to that view;
  4. How the culture of insurers is based on hiding their true profitability from themselves and Rob's view on this (he doesn't like it);
  5. Why Rob thought he'd never work in insurance again and what he did about it.

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