Kessler, Denis - In: Revue d'Économie Financière 80 (2005) 3, pp. 159-170
[eng] Today recent upheavals seem to damage theories stemmed from insurance and reinsurance practice which allow to document on the activity cycle. The regular past cycle may be outdated. It changes into a more divided cycle in which the price of each risk will evolve uncorrelated, area by area,...