Underwriting is a vital stage in the life insurance process and involves accepting individuals into an insurance fund on particular terms. The purpose of this chapter is to provide an overview of the underwriting development and its associated processes since the nineteenth century to the...

Households buy life insurance as part of their liquidity management. The option to surrender such a policy can serve as a buffer when a household faces a liquidity need. In this study, we investigate empirically which individual and household specific sociodemographic factors influence the...

Part I - Market Picture and Development Challenges -- European Life Insurance Market – Analysis of Current Situation and Development Prospects -- Social Determinants of Life Insurance in the European Union -- The Challenges Faced by Life Insurance Companies in the Baltic States -- The Turkish...