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results, the industry experienced positive total factor productivity (TFP) growth during the observation period, which is … presence of increasing returns to scale led to efficiency gains of the firms. -- Insurance markets ; Total factor productivity …
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Since 1994 the highly regulated German insurance market have been deregulated. Insurers have been allowed to calculate their premiums and to offer contracts without regulation. Especially in the motor vehicle insurance several innovations were introduced: age of car, garage, kilometers per year...
Persistent link: https://www.econbiz.de/10001666323
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Since 1994 the highly regulated German insurance market have been deregulated. Insurers have been allowed to calculate their premiums and to offer contracts without regulation. Especially in the motor vehicle insurance several innovations were introduced: age of car, garage, kilometers per year...
Persistent link: https://www.econbiz.de/10001678875
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Persistent link: https://www.econbiz.de/10011585293
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