safety revolution occurred that saw shipping losses and insurance rates on oceanic routes almost halved thanks to steady …

and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

Why did shareholder liability disappear? We address this question by looking at its use by British insurance companies …) shareholders saw an opportunity to expunge something they disliked when insurance companies grew in size. Using hand … merger movement increased the size of insurance companies which meant that they were better able to pool risks. …

Based on a sample of 946 German insurance intermediaries, the factors that affect the quality of the information … or certificates) to reduce asymmetric information with respect to the service quality of insurance intermediaries is … concentrate on increasing transparency about intermediaries' (in-)dependence from insurance companies and improve consumers …

Insurance products are distributed both by independent and dependent agents, although the use of independent agents is …. -- Insurance intermediation ; service quality ; distribution systems …

This paper provides an overview on the existing systems of natural hazards insurance in Europe, their structural … growing number of natural disasters. Using the case of Germany as an example, the paper demonstrates that the obstacles facing … system change are numerous, including failure to recognise the role of state guarantees in enabling private insurance markets …

Since 2007, all insurance intermediaries face negligence liability that is supposed to reallocate risks and set …

provide a first attempt to assess its consequences on the insurance industry in Germany, the largest insurance market within … the European Union. For this purpose we apply a Data Envelopment Analysis on a panel of German insurance companies and …

In a two-stage model insurance companies first decide upon risk classification and then compete in prices. I show that … insurance market individual application of classification schemes induces welfare losses due to cream skimming. Classification …