European Life Insurance Market: Analysis of Current Situation and Development Prospects

Marta Borda (), Magdalena Chmielowiec-Lewczuk () and Ilona Kwiecień ()
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Marta Borda: Wroclaw University of Economics and Business
Magdalena Chmielowiec-Lewczuk: Wroclaw University of Economics and Business
Ilona Kwiecień: Wroclaw University of Economics and Business

Chapter Chapter 1 in Life Insurance in Europe, 2020, pp 3-17 from Springer

Abstract: Abstract With the knowledge that we are living in dynamic time, the purpose of this introductory chapter is to depict a picture of the European life insurance market position and structure and to discuss its size, main features and most important factors, as well as the potential and development prospects. First, we consider the position of the Europe as a region against the backdrop of the world. Next, the main market measures based on the value of gross written premiums and paid benefits are examined in order to indicate new trends or to confirm existing trends. The importance of macroeconomic factors in the development of the European life insurance sector is also considered. Finally, the new risks and challenges for life insurance business are discussed, including the latest regulatory changes.

Keywords: Life insurance market; Insurance premium; Europe; Market development (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-030-49655-5_1

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DOI: 10.1007/978-3-030-49655-5_1

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