Europe and the globalization of insurance markets let to an intense competition with shrinking gross revenue and benefits …, Globalisierung sowie Substitutionskonkurrenz führten zu einem verschärften Wettbewerb um Marktanteile bei sinkenden Gewinnmargen …In recent years the insurance industry has been subject to a deeply structural change. The deregulation of markets in …

can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …

are used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique … remittances, which supports the idea that remittances act as self-insurance. We also show that other risk management strategies … influence the purchasing of formal funeral cover. Finally, we find that determinants of informal insurance differ from those of …

We examine how long-term life insurance contracts can be designed to incorporate uncertain future bequest needs. An … individual who buys a life insurance contract early in life is often uncertain about the future financial needs of his or her …. We derive two equivalent long-term life insurance contracts that are incentive compatible and achieve a higher welfare …

kt in the Lee-Carter model, we assess the impact of macroeconomic fluctuations on the solvency of a life insurance …

Whole life insurance plays an important role in household saving. However, empirical evidence on its determinants is … scarce. This paper studies two natural experiments to identify the effects of tax incentives and bequest motives on life-insurance … the demand for life insurance reacted strongly to this change. With regard to bequest motives, we analyze the demand for …

Compact tariffs are not only used in pension insurance, but also in life insurance. However, in many cases it is … necessary to have separate views on those tariffs, since policy management systems developed for life insurance companies are … particulars relevant for life insurance and important aspects with regard to accounting are explained. Finally, an algorithm is …