Die neuen Vorschriften zur Eigenmittelausstattung von Versicherungsunternehmen– besser bekannt unter dem Terminus Solvency II – werdendie grundlegenden Prinzipien des versicherungswirtschaftlichen Geschäftsmodellsin derart starkem Maße verändern, dass sich die Versicherungswirtschaftim...

This morning, I would like to give a few practical commentson capital adequacy from an insurance companyperspective. In doing so, I will present two views on capitaladequacy and capital allocation in the insurance industry.The first view is the regulatory perspective, that is, themotivations...

Das Thema Kundenzufriedenheit nimmt bei Unternehmen eine immer wichtigere Rolle ein. Die Autorin konzentriert sich auf die Versicherungsbranche und misst den Einfluss der Dienstleistungsqualität auf die Kundenzufriedenheit. Zur Messung von Servicequalität wird SERVQUAL, ein von der...

This paper provides evidence on the determinants of the diversification status as well as the extent of diversification for Spanish non-life insurers in the period 2000-2007. Operating efficiency, risk pooling, internal capital markets, conflict of interests and external markets control are the...

The growing need for diversification in Italian banks can easily look to the insurance market, which has interesting opportunities from both the point of view of size and growth rate, and also from the point of view of the multiple nature and various kinds of relations that are being set up,...

In a well-designed enterprise risk management (ERM) program, the firm integrates risk management into the strategic planning process, addressing strategic risk, financial risk, operational risk, and hazard risk under a single overarching process. This is particularly important to large financial...