Interest rates have been very low for several years, which is particularly challenging for life insurers. Since 2001, German life insurers have had to set an additional reserve due to low interest rates to ensure the protection of policyholders. However, the method introduced at that time to...

The Volkswagen emissions scandal is by far the largest case of emissions cheating in automotive history and had wide-reaching consequences for the industry throughout the world. This study examines the spillover effects to competitors and suppliers following Volkswagen's public admission of...

In diesem Beitrag untersuchen wir die Auswirkungen von COVID-19 auf die digitale Transformation des Versicherungsvertriebs. Wir fokussieren uns explizit auf die traditionellen Wege des Verkaufs von Versicherungsprodukten und analysieren, ob COVID-19 dort die Nutzung digitaler Technologien und...

This study examines spillover effects following Volkswagen's admission of emissions cheating. We first estimate initial operational losses of 8.45% of Volkswagen's equity market capitalization on the date before the announcement, reputational losses up to five times these losses, and significant...