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Short-tail and long-tail reinsurance: for IPC_Holdings (IPCR)
Short-tail and long-tail reinsurance:
These excerpts taken from the IPCR 10-K filed Feb 27, 2009.
Short-tail and long-tail reinsurance:
Reinsurance products can be categorised as “short-tail” or “long-tail”. In general terms, short-tail and long-tail refer to the length of time between the assumption of a risk and the payment of claims in respect of that risk. Long-tail risks are those...
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Short-tail and long-tail business for Chubb Ltd (ACE)
ACE » Topics » Short-tail and long-tail business
This excerpt taken from the ACE 10-K filed Feb 25, 2010.
Short-tail and long-tail business
Short-tail business
Short-tail business generally describes product lines for which losses are usually known and paid shortly after the loss actually occurs. This would include, for example, most property, personal accident, aviation hull, and automobile...
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long-tail risk exposure phenomenon have caused some ...
long-tail risk exposure phenomenon have caused some insurance companies to invest in shorter- term assets that have lower yields and thus generate lower premium earnings. In addition, increased coverage in areas with higher uncertainty of losses has occurred within the industry. 23. What does the expense ratio measure? Identify and explain the two major sources of expense risk to a...
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Date: 2015-04-29 21:07:58
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