A few weeks ago, the Penguin family had a very enjoyable time at Rocket Car Day, in inner-city Sydney. Our car, the Silver Surfer, won its heat, and was a respectable third place in its repechage final (also in the SMH here). The day was very enjoyable. It was entirely frequented by inner-west geeks (or [...]
Archive for the ‘insurance’ Category
Riskiness
Posted in Economics, insurance, Risk management on 27 June, 2010 | 4 Comments »
Nearly there, Dad
Posted in Economics, insurance on 13 March, 2010 | 7 Comments »
My dad, who isn’t competitive at all, asked me recently how old he would have to be before he had outlived 50% of his contemporaries. He suspects he may have passed that age sometime in the past few years. So I’ve been exploring the ABS mortality statistics. If you look at the most recently produced [...]
The insurance cycle
Posted in Economics, insurance, Risk management on 6 March, 2010 | Leave a Comment »
The insurance cycle is something that is well known to general insurers (property and casualty, if you are in the US). For many classes of business, the price of insurance fluctuates much more than the underlying cost. The general consensus is that it is about availability of capital. If the insurance market as a whole [...]
An Actuarial Eye
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