Download or read book Innovation in the European Insurance Industry written by Andreas Eckstein and published by . This book was released on 2019-03-29 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Requirements Disclosure and Supervision in the European Insurance Industry written by M. Starita and published by Springer. This book was released on 2015-12-17 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital Requirements, Disclosure, and Supervision in the European Insurance Industry provides an in-depth analysis of Solvency II's issues by combining both a theoretical approach and evidence of the empirical implications and effects on the European insurance industry.
Download or read book The European Insurance Industry written by Antonella Cappiello and published by Springer Nature. This book was released on 2020-03-04 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the methodologies and functions of a systemic approach to risk governance and internal control capable of tackling the complexity of the insurance business. It focuses on the main trends currently impacting the insurance industry, characterized by new operators, new products and services, new tools, new styles of competition, and new risks. It provides tips and empirical contributions addressing the role of sound internal control and risk management models within an ongoing revision of prudential regulation to better deal with the evolving scenario where insurance activities are becoming increasingly risky and complex. The book is of particular interest to scholars and students of insurance and financial services and practitioners in the insurance industry.
Download or read book Insurance Regulation in the European Union written by Pierpaolo Marano and published by Springer. This book was released on 2017-10-13 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the profound transformation that has taken place in European insurance legislation since January 2016. Expert contributions discuss the changes that have taken place in the supervision of insurance and reinsurance undertakings through an economic risk-based approach. They outline the European insurance market before going on to show how Solvency II and Insurance Distribution Directive (IDD) are expected to generate significant benefits and have a positive impact on all parties involved in the insurance industry, the supervisory authorities and the insured. They also show how Solvency II is likely to benefit the economy as a whole, promoting more efficient allocation of capital and risk in a financial stability framework. This volume will be of interest to academics and researchers in the field of insurance regulation.
Download or read book Corporate Governance in the European Insurance Industry written by O. Ricci and published by Springer. This book was released on 2014-10-21 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate scandals at the beginning of the 2000s and the recent global financial crisis have renewed the attention of academics, regulators and practitioners to agency problems and possible solutions in the financial sector. Since that time, much thought has been given to new regulations and international corporate governance standards, in an attempt to guarantee prudent and sound financial management. While much of this thought has been focussed on the banking sector, Corporate Governance in the European Insurance Industry provides a unique perspective on the subject, focusing on the insurance industry and asking some important theoretical and practical questions. Are insurance companies systemically relevant, and does the existing regulation provide adequate protection for customers and guarantee financial stability? Is regulatory intervention consistent with economic and financial theories? And crucially, is this intervention consistent with empirical evidence of the behaviour and performance of insurance companies? The first part of this book provides the reader with a comprehensive review of current academic studies on the topic; the second part moves on to examine the regulation of corporate governance and its recent evolution after the global financial crisis. Within a context of vivid debate in the financial services industry, the issues explored in this book will be of value to anyone with an interest in insurance corporate governance and regulation. It is also a key source of research for academics in insurance and finance, as well as PhD students and post-graduate students in relevant subjects.
Download or read book Life Insurance in Europe written by Marta Borda and published by Springer. This book was released on 2021-10-23 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the challenges for the life insurance sector in Europe arising from new technologies, socio-cultural and demographic trends, and the financial crisis. It presents theoretical and applied research in all areas related to life insurance products and markets, and explores future determinants of the insurance industry’s development by highlighting novel solutions in insurance supervision and trends in consumer protection. Drawing on their academic and practical expertise, the contributors identify problems relating to risk analysis and evaluation, demographic challenges, consumer protection, product distribution, mortality risk modeling, applications of life insurance in contemporary pension systems, financial stability and solvency of life insurers. They also examine the impact of population aging on life insurance markets and the role of digitalization. Lastly, based on an analysis of early experiences with the implementation of the Solvency II system, the book provides policy recommendations for the development of life insurance in Europe.
Download or read book Digitalization in the Insurance Industry written by Tatianna Rodriguez and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Restructuring the European Insurance Industry written by Elizabeth Stevens and published by . This book was released on 1992 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Creating Value in Insurance Mergers and Acquisitions written by Andreas Schertzinger and published by Springer Science & Business Media. This book was released on 2009-06-30 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Andreas Schertzinger identifies determinants of successful transactions, such as transaction timing and diversifying transaction strategy, through a multivariate statistical analysis. Two case studies illustrate success factors specifically related to the conduct of transactions in greater detail.
Download or read book Solvency II in the Insurance Industry written by Maria Heep-Altiner and published by Springer. This book was released on 2019-02-22 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book illustrates the EU-wide Solvency II framework for the insurance industry, which was implemented on January 1, 2016, after a long project phase. Analogous to the system for banks, it is based on three pillars and the authors analyze the complete framework pillar by pillar with a consistent data model for a non-life insurer, which was developed by the Research Group Financial & Actuarial Risk Management (FaRis) at the Institute for Insurance Studies of the TH Köln - University of Applied Sciences. The book leverages the long-standing and close cooperation between the University of Limerick (Ireland) and the Institute for Insurance Studies at TH Köln - University of Applied Sciences (Germany).
Download or read book Global Perspectives on Insurance Today written by C. Kempler and published by Springer. This book was released on 2010-11-14 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many risks face the global insurance industry today, including the aging populations of developed countries, competition from other financial institutions, and both disparate and quickly changing regulatory demands, to name a few. The book s contributors offer their unique perspectives on challenges confronting the insurance industry and how attendant risks can be most effectively managed.
Download or read book Economies of Scope in Financial Services written by Remo Dominioni and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the existence of economies of scope in the insurance industry by focusing on 14 European countries over the period of 2007-2014. The paper seeks to determine whether it is advantageous for insurers to offer both property-liability and life-health insurance products or to specialize in either of the two major industry segments. So far, only little research specifically comparing the efficiency of specialized insurers to the corresponding business lines of conglomerates has been conducted. In this paper, this research gap is closed by applying a two-stage approach in which first cost, revenue, and profit efficiencies are estimated by means of data envelopment analysis (DEA). Subsequently, the obtained efficiency scores are regressed on a set of control variables that represent firm characteristics. The empirical evidence clearly supports the conglomeration hypothesis which claims that insurance companies can add value by offering a portfolio of insurance products. In both the property-liability and the life-health industry segment, diversified insurers manage to exploit economies of scope on the cost side. On the revenue side, however, the empirical analysis revealed efficiency disadvantages of diversified insurers in both major industry segments. Finally, analyzing the net effect of cost economies and revenue diseconomies of scope, the obtained measures for profitability indicate diversification advantages both in property-liability and in life-health insurance.
Download or read book Is There Market Discipline in the European Insurance Industry written by Martin Eling and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards a Single European Insurance Market written by Thomas Hess and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the path to the single European insurance market and discusses the consequences of the EU framework for insurance regulation, which was established on July 1,1994. Furthermore, it investigates the upcoming impact of the European Economic and Monetary Union on the insurance industry, focusing on insurers' financing and investment policy.
Download or read book The Insurance Industry in the Countries of the EEC written by Sam Aaronovitch and published by Luxembourg : Office for Official Publications of the European Communities. This book was released on 1985 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Brexit and the European Insurance Market written by Antonia Müller and published by Springer Nature. This book was released on with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Compliance Risk in the European Insurance Industry written by Matteo Sottocornola and published by . This book was released on 2016 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the concept of compliance risk in the European insurance industry. In the absence of a common definition and subsequent blurred perimeter at European and national level, I propose a shared definition and a clear indication on which risks have to be included under the umbrella of the compliance risk. I approach the topic via a survey extended to insurance companies based in Germany and Austria by posing a set of questions on the perception, materiality, approaches, models and foreseen evolution on the compliance risk. Within the limitation of the approach and of the sample, the survey spots the lower priority assigned by the companies to the compliance risk in the year of enforcement of Solvency II and the subsequent initial stage of evolution of the models and the approaches in place to manage it. The survey allows inferring a clear and shared definition of the compliance risk among the insurers and provides valuable indication for setting its perimeter.
