The tendency to swing between profitable and unprofitable periods over time is commonly known as the underwriting or insurance cycle.
Read more about Insurance Cycle: What Is The Insurance Cycle, History, Description of The Cycle, Dealing With The Insurance Cycle, The Future of The Insurance Cycle
Famous quotes containing the words insurance and/or cycle:
“Before I get through with you, you will have a clear case for divorce and so will my wife. Now, the first thing to do is arrange for a settlement. You take the children, your husband takes the house, Junior burns down the house, you take the insurance and I take you!”
—S.J. Perelman, U.S. screenwriter, Arthur Sheekman, Will Johnstone, and Norman Z. McLeod. Groucho Marx, Monkey Business, terms for a divorce settlement proposed while trying to woo Lucille Briggs (Thelma Todd)
“Only mediocrities progress. An artist revolves in a cycle of masterpieces, the first of which is no less perfect than the last.”
—Oscar Wilde (1854–1900)