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 … and by considering individuals' situation and economic circumstances. The economic theory provides determinants that are …

Dynamic hybrid products emerged in 2007 and are now well established in the German life insurance market. In this … sold by the same insurance company. The key question we investigate is whether the presence of dynamic hybrid products has … a negative effect on the payout of traditional insurance products. We do so by using data drawn from a Monte Carlo …