Construct · 1 fields · 1 citations

underwriting cycle: a standalone construct

One name. One construct. A landmark on the map.

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Insurance economics

recurring swings in property-liability insurance prices and profits between soft markets with ample capacity and hard markets with tight capacity.

In insurance economics, underwriting cycle refers to recurring swings in property-liability insurance prices and profits between soft markets with ample capacity and hard markets with tight capacity. This meaning comes from Cummins (1987) in The Journal of Risk and Insurance.[1]

Unit
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Nearby constructs

capacity5 fields · 8 citationsjingle · one word, four limits cycle4 fields · 4 citationsjingle · one word, four constructs hardening2 fields · 2 citationsjingle · one word, two constructs

References

Cummins, J. D., & Outreville, J. F. (1987). An International Analysis of Underwriting Cycles in Property-Liability Insurance. The Journal of Risk and Insurance, 54(2), 246. https://doi.org/10.2307/252856

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