Our study analyses the extent of integration of the EU market for life and non-life insurance. The main integration … even less advanced for life than for non-life insurance and that mergers and acquisitions are the dominant strategy to … access a foreign market. Besides summarising the liberalisation history of the European insurance sector and discussing …

The collapse of Colonial Life Insurance Company (Trinidad) Limited caused one of the most significant financial events … unlike a typical insurance company. The paper provides useful analysis for those in need of information regarding the failure …

but not reported (IBNR) claims (in property casualty insurance) from residuals in a dynamic claims forecast model is … through insurance accounting relationships for adjusted underwriting results; and loss ratio or pure premium calculations …

An optimal asset allocation is crucial for non-life insurance companies. The most previous studies focused on this … utility. As non-life insurance company is a complex system, it has many stakeholders other than shareholders. So, the … technical efficiency of European non-life insurance companies. The empirical application conducts a comparison between the …

a new insurance product in rural China. Specifically, we conduct a set of insurance games with a random subset of … farmers. Our findings show that playing insurance games improves insurance take-up in real life by 48%. Exploring the … probability of disasters, or learning of insurance benefits, but is driven mainly by the experience acquired in playing the …

, increases in loadings are not necessarily followed by increases in deductibles, since in equilibrium insurance may be Giffen …

Human behavior, rational or irrational one, influences one of the most complex markets worldwide: the insurance market …. In most situations, insurance markets are not competitive and risk neutral insurers negotiate under asymmetric … an insurance contract under risk aversion conditions (in static and dynamic approach). Risk aversion influence was …

This paper provides empirical evidence of advantageous selection in insurance markets. By using a novel insurance … inability to distinguish moral hazard from selection. In the US market for area yield crop insurance, payouts are based on … average county yields. Moreover, area yield insurance is only offered in counties where no farmer is large enough to affect …

agricultural insurance program on household level production, borrowing, and saving. The empirical strategy includes both … difference-in-difference and triple difference estimations. I find that, first, introducing insurance increases the production … area of insured crops by around 20% and decreases production diversification; second, provision of insurance raises the …

In today’s insurance market there is a void that is any one person can have several insurance policies, this entails … different providers, different payment schemes etc. There is an opportunity for an insurance company to unite all policies and … create a universal insurance (UI) policy, an all in one so to speak. There is an argument that such an policy would be very …