Non Life Insurance Industry Profile
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Insurance and Issues in Financial Soundness
Author | : Nigel Davies |
Publisher | : International Monetary Fund |
Total Pages | : 45 |
Release | : 2003-07-01 |
Genre | : Business & Economics |
ISBN | : 1451856008 |
This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic implications. Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. Building on this experience and the experience gained under the FSAP, the paper proposes key indicators that should be compiled and used for surveillance of financial soundness of insurance companies and the insurance sector as a whole.
Understanding the Insurance Industry 2015 Edition
Author | : A M Best Company |
Publisher | : |
Total Pages | : 66 |
Release | : 2015-10-21 |
Genre | : |
ISBN | : 9781517461676 |
An Overview for Those Interested In the Insurance Industry. A.M. Best Company publishes Understanding the Insurance Industry to provide an explanation of how the insurance industry operates, generates revenue and provides opportunities for people of a wide range of talents and interests. It's designed to provide readers with an overview of the insurance industry, particularly how it operates in the United States. It's also designed to be an easy-to-follow introduction to the insurance industry for students, new employees, prospects and those who would like to learn more about one of the world's most interesting and important financial service industries. We've designed this book in six sections: the overview, property/casualty sector (also known as nonlife insurance), life, health, reinsurance and alternative risk transfer, and the function of A.M. Best in the industry.
OECD Insurance Statistics 2020
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 179 |
Release | : 2021-03-11 |
Genre | : |
ISBN | : 9264810439 |
This annual publication shows official insurance statistics for all OECD countries including data on premiums collected, claims, and commissions by type of insurance; investments by type of investment; and numbers of companies and employees...
Non-Life Insurance Pricing with Generalized Linear Models
Author | : Esbjörn Ohlsson |
Publisher | : Springer Science & Business Media |
Total Pages | : 181 |
Release | : 2010-03-18 |
Genre | : Mathematics |
ISBN | : 3642107915 |
Non-life insurance pricing is the art of setting the price of an insurance policy, taking into consideration varoius properties of the insured object and the policy holder. Introduced by British actuaries generalized linear models (GLMs) have become today a the standard aproach for tariff analysis. The book focuses on methods based on GLMs that have been found useful in actuarial practice and provides a set of tools for a tariff analysis. Basic theory of GLMs in a tariff analysis setting is presented with useful extensions of standarde GLM theory that are not in common use. The book meets the European Core Syllabus for actuarial education and is written for actuarial students as well as practicing actuaries. To support reader real data of some complexity are provided at www.math.su.se/GLMbook.
Solvency II in the Insurance Industry
Author | : Maria Heep-Altiner |
Publisher | : Springer |
Total Pages | : 236 |
Release | : 2019-02-22 |
Genre | : Business & Economics |
ISBN | : 3319770608 |
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).
Handbook of International Insurance
Author | : J. David Cummins |
Publisher | : Springer Science & Business Media |
Total Pages | : 1000 |
Release | : 2007-12-23 |
Genre | : Business & Economics |
ISBN | : 0387341633 |
Handbook of International Insurance: Between Global Dynamics and Local Contingencies analyzes key trends in the insurance industry in more than 15 important national insurance markets that represent over 90 percent of world insurance premiums. Well-known academics from Europe, the Americas and Asia examine their own national insurance markets, including the competitive structure, product and service innovations, and regulatory developments. The book provides academics and executives with an unprecedented range of information about today’s insurance markets. This book also provides important 'new' information on the evolution of the financial sector worldwide and comprehensive chapters on reinsurance, Lloyd’s of London, alternative risk transfer, South and East Asian insurance markets, and European insurance markets. Setting the stage is an overview chapter by the editors focusing on overall conclusions on globalization.
Insurance and Behavioral Economics
Author | : Howard C. Kunreuther |
Publisher | : Cambridge University Press |
Total Pages | : 343 |
Release | : 2013-01-28 |
Genre | : Business & Economics |
ISBN | : 0521845726 |
This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.
Insurance Distribution Directive
Author | : Pierpaolo Marano |
Publisher | : Springer Nature |
Total Pages | : 439 |
Release | : 2021 |
Genre | : Bank marketing |
ISBN | : 3030527387 |
This open access volume of the AIDA Europe Research Series on Insurance Law and Regulation offers the first comprehensive legal and regulatory analysis of the Insurance Distribution Directive (IDD). The IDD came into force on 1 October 2018 and regulates the distribution of insurance products in the EU. The book examines the main changes accompanying the IDD and analyses its impact on insurance distributors, i.e., insurance intermediaries and insurance undertakings, as well as the market. Drawing on interrelations between the rules of the Directive and other fields that are relevant to the distribution of insurance products, it explores various topics related to the interpretation of the IDD - e.g. the harmonization achieved under it; its role as a benchmark for national legislators; and its interplay with other regulations and sciences - while also providing an empirical analysis of the standardised pre-contractual information document. Accordingly, the book offers a wealth of valuable insights for academics, regulators, practitioners and students who are interested in issues concerning insurance distribution.--