MLchartDataset catalogue

Market cycles

Term · Insurance and risk management · MLC-T-INS-002131

The recurring patterns of hardening and softening within the insurance industry, characterized by fluctuations in premium rates, coverage availability, and underwriting standards. During a hard market, premiums rise, capacity shrinks, and terms become more restrictive. Conversely, a soft market sees lower premiums, increased capacity, and broader coverage options.

Table 1. Record
IdentifierMLC-T-INS-002131
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002131",
  "term": "Market cycles",
  "field": "Insurance and risk management",
  "definition": "The recurring patterns of hardening and softening within the insurance industry, characterized by fluctuations in premium rates, coverage availability, and underwriting standards. During a hard market, premiums rise, capacity shrinks, and terms become more restrictive. Conversely, a soft market sees lower premiums, increased capacity, and broader coverage options.",
  "url": "https://mlchart.com/terminology/insurance/market-cycles/"
}

Record 2,107 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.