Insurancee Market Cyeles: Insurancee and Carriers looking to new manners

Much has been written about the insurance market conditions. This paper aims at understanding the reasons of insurance cycle and ways of stabilizing it. In this paper, author dixcusses the Trend of two main factors affecting the market: namely, underwriting results and investment returns and emphasizes on needs to adjust underwriters behaviors and relying more on analytical predictions and data mining in insurance industry. The paper argues that, the challenge for reinsures and insurers is to build, with each client, a comprshensive, mutual understanding of techical fundamentals of the reinsurance and insurance business.

کلیدواژه ها:

insurance ، reinsurance ، soft and hard market ، investment ، underwriting ، loss ratio