Friday 20 February 2009

Shark attacks a cyclical indicator

It appears that shark attacks have declined in line with the economy. The theory is that fewer people go on coastal holidays. putting less people in the water with sharks. This got me thinking about how many other things we aren't doing and how that should be improving the outlook for insurers. Fewer car trips, fewer plain flights. As a whole the risk profile of the population should be looking better. I wonder if home cooked meals will take on!

From CNN:

Economy puts bite on shark attacks, researcher says


Shark attacks on humans were at the lowest levels in half a decade last year, and a Florida researcher says hard economic times may be to blame.
... When the economy improves, shark attack numbers are likely to go up again, according to Burgess, predicting the number of attacks in the next decade will surpass those of the past 10 years.

No comments:

Post a Comment