Die Analyse und Beurteilung der Kapitalanlagepolitik deutscher Lebensversicherer istvon außen – insbesondere für Anteilseigner und Versicherte – sehr schwierig, da hierzuim Allgemeinen nur wenige Informationen zur Verfügung stehen. Der folgende Beitragwidmet sich diesem Informationsmangel...

Common features in life insurance contracts are an interest rate guarantee andpolicyholder participation in the returns of insurers’ reference portfolio, which canbe of substantial value. The aim of this paper is to analyze the model risk involvedin pricing and risk assessment that arises from...

This document is a flow chart form is created to give a high-level view of the Life Insurance business from a shareholder’s point of view. This explains the role of capital that shareholders inject in relation to the achievement of profit and how risk management helps in the optimization of...

Catastrophe bonds (cat bonds) often use index triggers, such as, for instance, parametric descriptions of a catastrophe. This implies the problem of the so-called basis risk, resulting from the fact that, in contrast to traditional reinsurance, this kind of coverage cannotbe a perfect hedge for...

This paper investigates the impact of insurance on stock market development in 37 developing countries over the period 1987-2011. By controlling for the potential endogeneity bias, we show that the insurance premiums significantly increase stock market value traded. This result is robust to the...

This study analyses the long- and short-term dynamics of the determinants of insurance penetration for the period 1999Q1 to 2019Q4 in 15 West African countries. The panel auto regressive distributed lag model was used on the quarterly data gathered. A cointegrating and short-run momentous...

This paper examines the dimensions of risk in the Nigerian Business environment with the objective of identifying the various types of risks facing the businesses operating in Nigeria. Empirical data for the paper was secondary and collected from the Kaduna branch of the Nigerian Stock Exchange...

The goal of this paper is to provide a critical overview of Moroccan insurance/pension fund investments in alternative assets through data analysis techniques. The results show that the risk of reserve depletion and the investment restrictions imposed by the regulator are not the real reasons...

The insurance industry plays an important role for European economic stability and the threats and opportunities it faces should be carefully determined. In this paper we highlight the main challenges by using a Political, Economic, Social and Technological (PEST) analysis. This work applies...

Risk culture is the engine to drive the entire enterprise risk management (ERM) program in any organization and, therefore, is of paramount importance to be a focus point.Australian Prudential Regulation Authority (APRA) has greatly focused on developing risk culture in banks and insurance...