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Other Fields Homework Help Insurance Topic started by: JamesLu on Jul 5, 2017



Title: The property and liability insurance industry fluctuates between periods of increasing insurance ...
Post by: JamesLu on Jul 5, 2017
The property and liability insurance industry fluctuates between periods of increasing insurance rates and tight underwriting standards, and decreasing insurance rates and loosening underwriting standards. Profitability in the industry follows these cyclical movements. What is this pattern of fluctuations called?
A) the claims cycle
B) the underwriting cycle
C) the business cycle
D) the accounting cycle


Title: Re: The property and liability insurance industry fluctuates between periods of increasing insurance ...
Post by: Toni_Annette on Jul 5, 2017
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