Property Casualty
How about an observation based on the United States?
Property casualty companies can give us a lesson here.
- How many years ago was it that we could go to our auto insurance company to buy a five-year policy?
- Not terribly long ago, but it's difficult now to find a policy that's not repeated every quarter.
The investment portfolios and the cash flow analyses that are going into property casualty lines of business are shortening.
-- MR. SWAGER
1982 - THE EXPERIENCE OF LIVING UNDER SUSTAINED INFLATION, Society of Actuaries (rsa82v8n19) - 18p