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Changes in mortality rates have an impact on the life insurance industry, the financial sector (as a significant …. Thus, the pricing of financial, pension and insurance products that are contingent upon survival or death and which is … life insurance), and the actuarial reserve. Finally, several tables and figures illustrate the main findings of this paper …
Persistent link: https://www.econbiz.de/10012902135
risk. This paper focuses on the transmission of sovereign risk to insurance companies as some of the largest institutional … investors in the sovereign bond market. We use a firm level panel dataset that covers large insurance companies, banks and non … reflected in current insurance regulation (incl. upcoming Solvency II in Europe). …
Persistent link: https://www.econbiz.de/10011373080
variables directly related to the insurance product (e.g., a regulatory restriction of insurance acquisition costs) as well as … importance of insurance distribution in banks. Significant risk factors (statistically significant) which determine gross … cooperation between banks and insurers as well as the specificity of insurance products distribution (also local) in the …
Persistent link: https://www.econbiz.de/10012598986
little research has investigated the perceptions and attitudes expressed by insurance policyholders. Therefore, to bridge … insurance policyholders in Gauteng. This will inevitably assist insurers to retain more clients as they will have a better … understanding of what influences the risk perception of their insurance policyholders. Exogenous factors relate to external factors …
Persistent link: https://www.econbiz.de/10014436084
-sharing institutional evolution. Particularly, through a comparative study of marine insurance development in China and Europe, we address a …
Persistent link: https://www.econbiz.de/10015063916
the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since … results point to a relatively low insurance sector wide risk. Dependence among insurers is higher than among reinsurers. …
Persistent link: https://www.econbiz.de/10011349192
Versicherung in der Landwirtschaft. Demzufolge haben wir versucht die wichtigsten Aspekte von Versicherungen als … to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader …
Persistent link: https://www.econbiz.de/10009754277
Reputational risk has become a critical concern for most organizations. Insurers, who rely on trust to generate business, are particularly vulnerable. Maintaining a positive reputation, however, is costly, leading to the potential for moral hazard in the form of choosing a lowercost strategy...
Persistent link: https://www.econbiz.de/10013088818
We present a model for P/L insurance companies based on Asset-Liability-Management (ALM). We show analytically for …
Persistent link: https://www.econbiz.de/10013091567
Decision-makers who usually face model/parameter risk may prefer to act prudently by identifying optimal contracts that are robust to such sources of uncertainty. In this paper, we tackle this issue under a finite uncertainty set that contains a number of probability models that are candidates...
Persistent link: https://www.econbiz.de/10012900182