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 …

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 …

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 …

service industry. We assess its consequences on productivity development in the German insurance industry, one of the largest … insurance markets within the European Union, by applying Data Envelopment Analysis to a panel of German insurance companies. We …

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 …

interest rates. Evidence from the German insurance sector is consistent with such an amplification mechanism …