The
underwriting cycle is caused by interest rates and other investment opportunities in financial markets (Kang, 2007).
The insurance market
underwriting cycle is turning unfavorable in many United States commercial market segments, including directors and officers (D&O) liability insurance, New York City-based Fitch Ratings says.
Wipro has developed point solutions leveraging its impressive BASE)))TM platform to help insurers improve customer experience & reduce
underwriting cycle time.
The results of the second-order autoregressive model largely support the existence of the
underwriting cycle in Asia because
underwriting cycles are found in at least one line of all five Asian countries tested.
He said that CFPI agrees that the "recent excesses in the marketplace have had a negative impact on agent and company alike," but he denied that his company has been "a part of the pricing or availability problems inherent in the
underwriting cycle.
As observed in the last
underwriting cycle, Samsung F&M will benefit most in the industry once the motor loss ratio starts to improve.
Lighter utilization of medical services, including a less severe flu season earlier this year compared with 2009, and an upturn in the industry
underwriting cycle are believed to be helping managed-care companies' results this year.
There is a risk that the
underwriting cycle in general insurance is turning negative in the UK, but motor rates are on the rise and the division provides a defensive earnings stream should conditions deteriorate.
The non-life insurance
underwriting cycle continues to negatively impact the industry's long-term financial results.
Further ahead, good performance is likely to be underpinned by the syndicate's focus on management of capacity through the
underwriting cycle, its comprehensive reinsurance programme and the Omega group's strong risk monitoring and control infrastructure.
Number four is a common threat: mismanaging the non-life
underwriting cycle, which is listed as "arguably the number one cause of insolvency in the non-life" market.
Against the backdrop of an increasingly demanding regulatory environment, greater customer expectations, mobility of capital, a rise of regional markets and a complex
underwriting cycle, the delivery of this plan remains fundamental to Lloyd's future.
