TY - GEN
T1 - The test and calculation of the underwriting cycle in property-liability insurance of China
AU - Bai, Manying
AU - Zhao, Rui
PY - 2007
Y1 - 2007
N2 - The supply and demand of insurance interact with each other. Generally speaking, the result of this interaction is the appearance of underwriting cycle with cyclical fluctuation of insurance premium and the supply and demand of insurance as its main characteristic. Based on the ratios of premiums-to-claims data, the research of this paper sets up a recession model to test the existence of the underwriting cycle in property-liability insurance of China and calculate its length. We found that, first, the underwriting cycle does not follow second order auto regression process. Second, according to the result, the length of underwriting cycle in property-liability insurance of China is 1.83 year. It plays an important role for the development of insurance of china to study internationally the actual situation of the underwriting cycle and take corresponding measures to stabilize and mitigate the cyclical fluctuation of insurance supply and demand.
AB - The supply and demand of insurance interact with each other. Generally speaking, the result of this interaction is the appearance of underwriting cycle with cyclical fluctuation of insurance premium and the supply and demand of insurance as its main characteristic. Based on the ratios of premiums-to-claims data, the research of this paper sets up a recession model to test the existence of the underwriting cycle in property-liability insurance of China and calculate its length. We found that, first, the underwriting cycle does not follow second order auto regression process. Second, according to the result, the length of underwriting cycle in property-liability insurance of China is 1.83 year. It plays an important role for the development of insurance of china to study internationally the actual situation of the underwriting cycle and take corresponding measures to stabilize and mitigate the cyclical fluctuation of insurance supply and demand.
UR - https://www.scopus.com/pages/publications/52249088822
U2 - 10.1109/cisw.2007.4425567
DO - 10.1109/cisw.2007.4425567
M3 - 会议稿件
AN - SCOPUS:52249088822
SN - 0769530737
SN - 9780769530734
T3 - Proceedings - CIS Workshops 2007, 2007 International Conference on Computational Intelligence and Security Workshops
SP - 600
EP - 603
BT - Proceedings - CIS Workshops 2007, 2007 International Conference on Computational Intelligence and Security Workshops, CISW 2007
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2007 International Conference on Computational Intelligence and Security Workshops, CIS 2007
Y2 - 15 December 2007 through 19 December 2007
ER -