The German insurance market was liberalized in 1994 by the introduction of the 'single passport' allowing European … insurers to operate throughout the entire European Union. The European directive put also an end to price and insurance … contract terms regulation. These measures were meant for removing the obstacles to competition within and between the insurance …

In recent years the insurance industry has been subject to a deeply structural change. The deregulation of markets in … Europe and the globalization of insurance markets let to an intense competition with shrinking gross revenue and benefits …. This change led to changes in the management of assets and liabilities of insurance companies. This new era of risk …

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 …

national regulations on the posting of workers had to be 'acceptable to the Community'. Especially in Germany this led to …

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 … demand. An unanticipated tax reform in 2000 halved the tax exemption limit for capital income in Germany. We document that …

examples discussed here concerning the regulations governing both the insurance business and truck transportation, regulations …

provide a first attempt to assess its consequences on the insurance industry in Germany, the largest insurance market within … the European Union. For this purpose we apply a Data Envelopment Analysis on a panel of German insurance companies and …