Abstract
This paper will illustrate how the insurance marketplace is characterized by relatively fixed demand and has many of the aspects of a commodity market. It will also discuss how this leads to the pricing cycles that are characteristic of commodity markets.
Page
1-5
Year
1998
Syllabus year
2010
Syllabus exam
5
Categories
Actuarial Applications and Methodologies
Ratemaking
Trend and Loss Development
Competitive Analysis
Publications
CAS Exam Study Note
