TERMIUM Plus®

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HARD INSURANCE MARKET [1 record]

Record 1 2024-09-20

English

Subject field(s)
  • Insurance
  • Market Prices
  • Market Structure (Trade)
CONT

To put it simply, a hard market is a period of time when there is a high demand for insurance, but a lower supply of coverage available.

French

Domaine(s)
  • Assurances
  • Prix (Commercialisation)
  • Morphologie des marchés (Commerce)
CONT

Le contraire d'un marché mou dans le secteur de l'assurance est un marché dur. Cette dernière se caractérise par la concurrence entre les acheteurs et la faible disponibilité des fonds parmi les compagnies d'assurance.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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