...Chao‐Chun Leng; Ursina B. Meier Purpose The paper sets out to use the loss ratio series of Switzerland, Germany, the USA and Japan, to test whether underwriting cycles still exist internationally and to identify possible structural changes. Design/methodology/approach Based on financial theory...

...Ursina B. Meier; J. François Outreville Purpose This article aims to examine the existence of an underwriting cycle in property‐liability insurance for France, Germany and Switzerland (primary markets) and for the European reinsurance industry. It is also aimed to test how the two markets...