insurance cycle

Life insurance in Australia – profits falling

On: January 19, 2014

In: Demography, Economics, Insurance, Risk management

A few months ago, I posted about some press actuaries had received about their crystal balls proving inadequate in the life insurance industry. Well the news hasn’t been getting any better. Recent reports from two of Australia’s major life reinsurers have continued the bad news. Most recently, APRA released theirContinue Reading

The insurance cycle and the efficient market hypothesis – which one wins?

On: March 6, 2010

In: Economics, Insurance, Risk management

The insurance cycle is something that is well known to general insurers (property and casualty, if you are in the US). For many classes of business, the price of insurance fluctuates much more than the underlying cost. The general consensus is that it is about availability of capital. If theContinue Reading