A cointegration analysis of the relationship between underwriting margins and interest rates: 1930-1989.: An article from: Journal of Risk and Insurance

This digital document is an article from Journal of Risk and Insurance, published by American Risk and Insurance Association, Inc. on September 1, 1993. The length of the article is 4846 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Profits in the property-liability insurance industry from 1930 to 1989 are analyzed to review the cyclic changes observed. Cointegration analysis is used to evaluate the data in order to differentiate short-term and long-term trends. Research evidence shows that there is a negative cointegrating relationship between underwriting margins and risk-free interest rate within the said time period. This demonstrates that these two entities exist at equilibrium with one anther.

Citation Details
Title: A cointegration analysis of the relationship between underwriting margins and interest rates: 1930-1989.
Author: Haley. Joseph D.
Publication:Journal of Risk and Insurance (Refereed)
Date: September 1, 1993
Publisher: American Risk and Insurance Association, Inc.
Volume: v60 Issue: n3 Page: p480(14)

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