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Insurance Cycles: Are They Predictable?
Program Code:
C-14
Date:
Wednesday, May 26, 2010
Time:
8:00 AM to 9:30 AM
EST
MODERATOR
:
Benoit Carrier, Vice President and Casualty Pricing Manager, Zurich North America
PANELIST
(S):
Joseph V. Monaghan IV, Senior Managing Director, AON Benfield
Steven N. Weisbart, Vice President and Chief Economist, Insurance Information Institute
Description
Are insurance cycles predictable? Do we behave differently after the lessons learned from previous cycles?
The first speaker Steven Weisbart will make a retrospective analysis of his 2008 CAS Spring Meeting presentation on Market and Cycle, comparing what he predicted with what actually occurred.
The second speaker Joseph Monaghan will comment on market behavior. Is the insurance market more disciplined now or are the same dominating forces making the history repeat itself?