Life Insurance in Europe: Risk Analysis and Market Challenges

This book explores the challenges for the life insurance sector in Europe, including new technologies, socio-cultural and demographic trends, and the financial crisis. It presents theoretical and applied research on life insurance products and markets, and highlights novel solutions in insurance supervision and consumer protection. It also examines the impact of population aging on life insurance markets and the role of digitalization, and provides policy recommendations for the development of life insurance in Europe.

Format: Hardback
Length: 214 pages
Publication date: 22 October 2020
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the multifaceted challenges confronting the European life insurance sector, stemming from emerging technologies, evolving socio-cultural dynamics, and the aftermath of the financial crisis. It offers a rich tapestry of theoretical and applied research across various domains related to life insurance products and markets, while also exploring the future trajectory of the insurance industry by spotlighting innovative solutions in insurance supervision and emerging trends in consumer protection. Drawing upon their extensive academic and practical expertise, the contributors meticulously identify and analyze critical issues such as risk analysis and evaluation, demographic hurdles, consumer safeguarding, product distribution, mortality risk modeling, the integration of life insurance into contemporary pension systems, financial stability and solvency of life insurers, and the profound impact of population aging on life insurance markets. Furthermore, they examine the transformative power of digitalization and its implications for the industry.

In the final chapter, the book provides insightful policy recommendations aimed at fostering the growth and development of life insurance in Europe. These recommendations are grounded in a thorough analysis of early experiences with the implementation of the Solvency II system, offering valuable insights and guidance for policymakers, industry executives, and stakeholders alike.

By undertaking a comprehensive examination of these pressing challenges and emerging opportunities, this book serves as a valuable resource for scholars, professionals, and policymakers seeking to navigate the complex terrain of the European life insurance sector. It provides a roadmap for sustainable growth, enhanced consumer protection, and improved financial stability, ensuring that the life insurance industry continues to play a pivotal role in meeting the evolving needs of individuals and societies across Europe.

Weight: 460g
Dimension: 164 x 242 x 21 (mm)
ISBN-13: 9783030496548
Edition number: 1st ed. 2020