TIME DELAYS AND THE UNDERWRITING CYCLE

Ovidiu Solomon and Carmen Pricină
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Ovidiu Solomon: Romanian American University
Carmen Pricină: Romanian American University

Romanian Economic Business Review, 2008, vol. 3, issue 4, 35-43

Abstract: We shall consider the concept of time delays and the extent to which this is a common feature in many general insurance systems. We shall then present an example of a model of an insurance system with delays that helps to explain the phenomenon of underwriting cycles.

Keywords: insurance; time delays; underwriting cycle; forecasting; rating formula (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (1)

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