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Short-tail and long-tail business for Chubb Ltd (ACE)
ACE » Topics » Short-tail and long-tail business
This excerpt taken from the ACE 10-K filed Feb 25, 2010.
Short-tail and long-tail business
Short-tail business
Short-tail business generally describes product lines for which losses are usually known and paid shortly after the loss actually occurs. This would include, for example, most property, personal accident, aviation hull, and automobile...
Related topics : long tail and short tail business / long tail insurance business / long tail business examples / difference between short tail and long tail insurance / long tail short tail insurance
Short-tail and long-tail reinsurance: for IPC_Holdings (IPCR)
Short-tail and long-tail reinsurance:
These excerpts taken from the IPCR 10-K filed Feb 27, 2009.
Short-tail and long-tail reinsurance:
Reinsurance products can be categorised as “short-tail” or “long-tail”. In general terms, short-tail and long-tail refer to the length of time between the assumption of a risk and the payment of claims in respect of that risk. Long-tail risks are those...
Related topics : short tail and long tail risks / long tail short tail claims / long tail casualty insurance / long tail insurance products / long tail insurance risks
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