Bancassurance has grown to currently become a completely consolidated insurance distribution channel in the global … led to the specific incorporation of this channel in the Insurance and Reinsurance Distribution Act. However, the …

We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate … different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is …

This paper provides an overview on the existing systems of natural hazards insurance in Europe, their structural … system change are numerous, including failure to recognise the role of state guarantees in enabling private insurance markets …, mistaken legal objections against mandatory insurance, distributional conflicts between central and state governments and re …

In a two-stage model insurance companies first decide upon risk classification and then compete in prices. I show that … insurance market individual application of classification schemes induces welfare losses due to cream skimming. Classification …

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 …

Based on a sample of 946 German insurance intermediaries, the factors that affect the quality of the information … or certificates) to reduce asymmetric information with respect to the service quality of insurance intermediaries is … concentrate on increasing transparency about intermediaries' (in-)dependence from insurance companies and improve consumers …

Insurance products are distributed both by independent and dependent agents, although the use of independent agents is …. -- Insurance intermediation ; service quality ; distribution systems …

Since 2007, all insurance intermediaries face negligence liability that is supposed to reallocate risks and set …

This paper provides an overview on the existing systems of natural hazards insurance in Europe, their structural … system change are numerous, including failure to recognise the role of state guarantees in enabling private insurance markets …, mistaken legal objections against mandatory insurance, distributional conflicts between central and state governments and re …