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Abstract Helmut Gründl discusses in his paper the effects of the present low interest rate environment on the German life insurance industry. By referring to a recent study of the “International Center for Insurance Regulation”, he assesses insolvency probabilities for life insurers with...
Persistent link: https://www.econbiz.de/10014630826
We present a Bayesian approach to compare models for forecasting mortality rates under the framework of the Lee … marginal likelihoods for the model selection. The approach is applied to Japanese male mortality rates from 1970 to 2003. The … results show that the stochastic trend model is most appropriate for forecasting mortality rates both for the normal and the …
Persistent link: https://www.econbiz.de/10014585458
. Es erweist sich, dass die Divergenz in den Wachstumsraten der USA und der EU seit 1997 fast zur Gänze auf …
Persistent link: https://www.econbiz.de/10014609054
This article presents a method for the rough set which attributes priority arrangement of cancellations in the life insurance. The number of canceled documents on the rise plus they're oscillatory and also the rates of cancellations in constant fluctuation, which requires searching in the...
Persistent link: https://www.econbiz.de/10012043787
This research was conducted to examine the effects of electronic word of mouth (eWOM) and traditional word of mouth (tWOM) on the level of consumers' trust in deciding to buy life insurance products in Indonesia. It involved 430 respondents who were online community members in two of Indonesia's...
Persistent link: https://www.econbiz.de/10012044337
We analyzes the optimal asset allocation problem for life insurers that are required to cope with significant background risks originating from life insurance businesses among a set of stochastic investment opportunities including foreign equities. The insurer is assumed to maximize the expected...
Persistent link: https://www.econbiz.de/10014585423
Along with competence, ethical behavior is a key component of professionalism. In carrying out their duties, all life insurance professionals encounter a variety of ethical dilemmas as well as a number of factors that can present challenges to their efforts to resolve these dilemmas in an...
Persistent link: https://www.econbiz.de/10014585429
The purpose of this research is to discuss Japanese financial instability and both private life insurance and public life insurance (Kampo) demand. At the same time, we also consider Kampo’s main role and what Kampo should be as an insurance service provider in the future. From empirically...
Persistent link: https://www.econbiz.de/10014585438
Purpose – The role of financial institutions and financial intermediaries in fostering the economic growth by improving the efficiency of capital accumulation, encouraging savings and ultimately improving the productivity of the economy has been well accepted by now. Recent studies show that...
Persistent link: https://www.econbiz.de/10014838310
Purpose – The methodology of mobile commerce as a significant application for both enterprises and customers are becoming crucial, but few studies discuss the usage attitude toward and customer satisfaction with mobile application (app) services in the life insurance industry. The purpose of...
Persistent link: https://www.econbiz.de/10014860263