Relationships between Property-Liability Insurance Stock Returns and the Business and Underwriting Cycles

Carol Lancaster and Mark L. Cross

Journal of Insurance Issues, 1994, vol. 17, issue 1, 89-106

Abstract: This research examines quarterly excess returns for a property-liability (P&L) insurance stock portfolio over the period 1975-90. The excess portfolio returns are not correlated with the general business cycle. This study concludes that excess returns do occur during periods of increased underwriting profitability.

Date: 1994
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.insuranceissues.org/PDFs/X.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wri:journl:v:17:y:1994:i:1:p:89-106

Access Statistics for this article

Journal of Insurance Issues is currently edited by James Barrese

More articles in Journal of Insurance Issues from Western Risk and Insurance Association
Bibliographic data for series maintained by James Barrese ().