Causal Relationships Between Premiums and Losses, and Causes of the Underwriting Cycles

TY - JOUR

T1 - Causal Relationships Between Premiums and Losses, and Causes of the Underwriting Cycles

AU - Chung, Ronald K.

AU - Fung, Hung-Gay

AU - Lai, Gene C.

AU - Witt, Robert C.

N1 - Downloadable! This research explored two major insurance-market issues. First, it investigated the dynamic interactions between premiums and losses using vector autoregressive (VAR) models. Second, it showed how premiums respond to shocks to losses, surplus, interest rates, the variance in losses, and the variance in interest rates.

PY - 1994/7/14

Y1 - 1994/7/14

UR - https://ideas.repec.org/p/wpa/wuwpri/9407008.html

M3 - Article

JO - Risk and Insurance

JF - Risk and Insurance

ER -