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 …

worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …

How should intermediaries influence the insurance demand decision? The answer must refer to the interdependence of … essential for the insurance demand decision. Undoubtedly, consumers lack information about certain variables, and therefore … and to provide the correct information. Since the information in the insurance market is asymmetrically distributed, an …

purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most … lines of insurance base indemnity on the insured's actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …

Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of … by insurance companies. The rationale for the latter is the fact that a fee paid by uninformed consumers limits the …

transmission of this information will not cause any concern. Such a form of insurance is based on the principle of mutuality …. Research limitations/implications: Mutuality-based insurance is therefore a path based on solutions of the past (primary forms … of insurance), but at the same time is seen as a response to the lack of adaptation of insurance products to the actual …

The insurance industry plays a substantive vitality in the growth of the economy. However, there is limited literature … on the activities of the insurance industry and economic growth in Ghana. As one of the fastest-growing economies in sub … economy, of which insurance cannot be underscored. Moreover, proxies used to measure insurance for developing economies …

often interpreted as insurance: by decreasing the probability of future drops in the provision of ecosystem services … "insurance" and a simple ecological-economic model, we derive the economic insurance value of ecosystem resilience and study how … insurance value of resilience is negative (positive) for low (high) levels of resilience, (ii) it increases with the level of …

This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy … trusting plays an important role. Trust is clearly associated with greater willingness to pay for insurance. Unlike in previous … of breach is negligible. However, as for much B2C insurance marketing, face-to-face selling plays a crucial role in our …

We characterize how public insurance schemes are constrained by hidden financial transactions. When non …-exclusive private insurance entails increasing unit transaction costs, public transfers are only partly offset by hidden private … of insurance on unobservable effort and saving choices as well as the relative cost of public and private insurance …