A hard market is the upswing in the insurance market cycle, when premiums increase, coverage terms are restricted, and capacity for most types of insurance decreases.
Hard insurance markets may be caused by any number of factors, including falling investment returns for insurers, increases in frequency or severity of losses, and regulatory intervention deemed to be against the interests of insurers.
Author: Duncan Muller
Last Updated:
Views: 6390
Rating: 4.9 / 5 (59 voted)
Reviews: 90% of readers found this page helpful
Name: Duncan Muller
Birthday: 1997-01-13
Address: Apt. 505 914 Phillip Crossroad, O'Konborough, NV 62411
Phone: +8555305800947
Job: Construction Agent
Hobby: Shopping, Table tennis, Snowboarding, Rafting, Motor sports, Homebrewing, Taxidermy
Introduction: My name is Duncan Muller, I am a enchanting, good, gentle, modern, tasty, nice, elegant person who loves writing and wants to share my knowledge and understanding with you.
