The German insurance market was liberalized in 1994 by the introduction of the "single passport" allowing European … insurers to operate throughout the entire European Union. The European directive put also an end to price and insurance … contract terms regulation. These measures were meant for removing the obstacles to competition within and between the insurance …

Germany. In 2007/2008, insurance intermediaries became regulated by law. That law states, among other things, the four basic …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 …