Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/23421
Authors: 
Maurer, Raimond H.
Somova, Barbara
Year of Publication: 
2005
Series/Report no.: 
Working paper series / Johann-Wolfgang-Goethe-Universität Frankfurt am Main, Fachbereich Wirtschaftswissenschaften : Finance & Accounting 156
Abstract: 
This article presents an overview of the contemporary German insurance market, its structure, players, and development trends. First, brief information about the history of the insurance industry in Germany is provided. Second, the contemporary market is analyzed in terms of its legal and economic structure, with statistics on the number of companies, insurance density and penetration, the role of insurers in the capital markets, premiums split, and main market players and their market sha res. Furthermore, the three biggest insurance lines?life, health, and property and casualty?are considered in more detail, such as product range, country specifics, and insurance and investment results. A section on regulation outlines its implementation in the insurance sector, offering information on the underlying legislative basis, supervisory body, technical procedures, expected developments, and sources of more detailed information.
Subjects: 
German insurance industry
market participants
market trends
regulation
JEL: 
G34
G22
G28
Document Type: 
Working Paper

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