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credible. This article provides an empirical investigation of insurance product ratings in Germany, with an emphasis on the … disability insurance products from two rating agencies over a 15-year period. Using the existing literature as a guide, we test a …. Our results suggest no major concerns regarding the credibility of insurance product ratings …
Persistent link: https://www.econbiz.de/10013403497
and scope. We use detailed survey data of German property-liability insurance companies that allows us to construct …
Persistent link: https://www.econbiz.de/10012897603
During the past two years, private equity funds have acquired substantial portfolios of nonperforming loans from banks in Germany. Typically a private equity investor does not commit funds unless exit strategies are clearly defined. The usual exit strategies for distressed debt investors are...
Persistent link: https://www.econbiz.de/10003750294
With this paper we seek to contribute to the literature on pension insurance systems. The financial literature tends to … focus exclusively on the US pension insurance system. This is the first major empirical study to address the German … occupational pension insurance (PSVaG) plan in Germany. The study is based on a Merton-type one-factor model, in which we determine …
Persistent link: https://www.econbiz.de/10010295914
of risk, return and maturity. The major types of institutional investors in Germany are insurance companies and …
Persistent link: https://www.econbiz.de/10010298239
In diesem Beitrag werden mögliche ordnungspolitische Konsequenzen der Finanzmarktkrise in Folge der Turbulenzen auf dem US-amerikanischen Hypothekenkreditmarkt diskutiert. Zunächst erläutern die Autoren theoretisch und empirisch die Phänomene der Bankenkrisen und der Ansteckung in einem...
Persistent link: https://www.econbiz.de/10010300411
This article presents an overview of the contemporary German insurance market, its structure, players, and development … trends. First, brief information about the history of the insurance industry in Germany is provided. Second, the contemporary … market is analyzed in terms of its legal and economic structure, with statistics on the number of companies, insurance …
Persistent link: https://www.econbiz.de/10010275782
improve the commonstate of insurance. We present new empirical evidence on the acceptance of natural disaster insurances and … typically covered by such an insurance, thelevel of the deductible to be paid by the household, state support for paying off the …
Persistent link: https://www.econbiz.de/10014433109
In diesem Beitrag werden mögliche ordnungspolitische Konsequenzen der Finanzmarktkrise in Folge der Turbulenzen auf dem US-amerikanischen Hypothekenkreditmarkt diskutiert. Zunächst erläutern die Autoren theoretisch und empirisch die Phänomene der Bankenkrisen und der Ansteckung in einem...
Persistent link: https://www.econbiz.de/10003635538
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 …
Persistent link: https://www.econbiz.de/10003886293