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...

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long-tail risk exposure phenomenon have caused some ...

long-tail risk exposure phenomenon have caused some insurance companies to invest in shorter- term assets that have lower yields and thus generate lower premium earnings. In addition, increased coverage in areas with higher uncertainty of losses has occurred within the industry. 23. What does the expense ratio measure? Identify and explain the two major sources of expense risk to a...

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Occurrence vs. Claims-made Coverage | JUA

Occurrence vs. Claims-made Coverage

There are two types of coverages available in medical professional liability insurance: Claims-made and Occurrence. Your clear understanding of both types of coverage is essential to making a fully informed decision on which type of coverage to buy. Some carriers offer only Claims-made. Others offer both, but may limit access to Occurrence coverage to a few...

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Website: http://www.scjua.com

Related topics : long tail insurance coverage / long tail insurance claims / long tail risk coverage / long tail insurance liabilities

Medical Malpractice Insurance for ... - Gallagher Healthcare

Gallagher Healthcare is staffed with experts who know how to deliver top-quality insurance services in the most cost-effective manner possible. We are passionate about protecting our clients' best interests, and we will work closely with you to meet your exact needs.

We can be your single source for exploring your coverage options, so you won't need to deal with the hassles of trying to research...

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Related topics : long tail insurance coverage / long tail risk coverage