M curious asked:
There is no question the economic cycle affects insurance companies. When there’s less money around like now in the early 2009, insurance companies suffer.
There is no question the economic cycle affects insurance companies. When there’s less money around like now in the early 2009, insurance companies suffer.
But I learned that the more uncertainty about things, the better insurance firms perform, because they capitalize on uncertainties about the future. whether it’s a person’s life or natural hazards.
So my best guess for the question is a lot of cash flow in the market and a lot of uncertainty and fear about things for which they can be insured. Am I missing any thing else?
What can you say are optimal conditions for insurance companies to grow???