Bundled insurance contracts, providing protection based on several loss coverages, are attractive because they allow …. Without combined deductibles, it is straightforward to value bundled insurance contracts as the sum of contracts from each … insurers to focus on the needs of the policyholder. A common contract feature is a deductible set so that the insurance pays …

In this paper we analyze insurance demand when the utility function depends both upon final wealth and the level of … documented in real insurance markets. …

worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …This paper focuses on the relation between worker's productivity and retirement decision. Assuming that productivity … of income and benefits is set to maximize lifetime utility. In such framework we find the retirement threshold of …

development of the country. This study examined the factors affecting survival and failure of non-life insurance firms in the …Insurance insolvency is a global phenomenon and a national issue. It is an interesting part of the field of study … because insurance sector plays an important role not only in the business’ risk management but also in fuelling the economic …

transformations resulting from insurance and option strategy. …