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Time Delays And The Underwriting Cycle

Author

Listed:
  • Ovidiu Solomon

    (Romanian American University)

  • Carmen Pricină

    (Romanian American University)

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.

Suggested Citation

  • Ovidiu Solomon & Carmen Pricină, 2008. "Time Delays And The Underwriting Cycle," Romanian Economic Business Review, Romanian-American University, vol. 3(4), pages 35-43, Winter.
    • Handle: RePEc:rau:journl:v:3:y:2008:i:4:p:35-43
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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI08/REBE-WI08-A3.pdf
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    Cited by:

    1. Ronnie J. Phillips & David Nickerson, 2011. "Underwriting in Property-Casualty Insurance Markets: Regulation, Risk and Volatility," NFI Working Papers 2011-WP-19, Indiana State University, Scott College of Business, Networks Financial Institute.

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