Diese sigma-Ausgabe untersucht die Todesfalldeckung, das Kernprodukt der Lebensversicherung. Neben einer Analyse der Marktentwicklung in sechs Ländern wird die Deckungslücke im Todesfall geschätzt. Dabei handelt es sich um die Differenz zwischen den zur Aufrechterhaltung des Lebensstandards...

Dieser Bericht analysiert den Markt des Third-Party-Asset-Mangements, also der externen Vermögensverwaltung, für Versicherer. Am Jahresende 2001 verfügten die Versicherer weltweit über Vermögen in Höhe von 11,5 Billionen USD. 82% dieser Summe entfielen auf die Lebensversicherer....

Insurers, banks and other financial intermediaries are changing in response to a variety of social and economic forces. Financial deregulation has made it easier for intermediaries to cross industry and national boundaries. Technological progress has reduced costs while stimulating innovation....

Do investors confuse the quality of a firm with its attractiveness as an investment? If so, shares of well-run companies will be bid up too high and subsequently earn negative abnormal returns. Our analysis of Fortune magazine's annual survey of quot;America's Most Admired Companiesquot; for...

The electronic purse, a new payments instrument offering advantages to both consumers and merchants, may soon replace currency in many routine transactions. Widespread use of the electronic purse could, however, raise concerns about consumer protection and the safety and soundness of the instrument

The relationship between corporate reputation and investment results is the subject of ongoing debate. Some argue that high-quality firms ultimately provide superior stock price performance; others counter that stock prices already reflect these firms' prospects for growth and profitability. This...

Do investors confuse the quality of a firm with its attractiveness as an investment? If so, shares of well-run companies will be bid up too high and subsequently earn negative abnormal returns. Our analysis of Fortune magazine?s annual survey of quot;America's Most Admired Companiesquot; for...