Challenges Confronting Insurance

Peter Zweifel () and Roland Eisen ()
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Peter Zweifel: University of Zurich

Chapter 10 in Insurance Economics, 2012, pp 393-422 from Springer

Abstract: Abstract This chapter is devoted to foreseeable future developments that will pose challenges to the insurance systems of industrial countries. These challenges will call for adjustments by both private insurance (PI) and social insurance (SI), likely also affecting their division of labor. As a matter of principle, the need for adjustment will confront both PI and SI. The reason is that the changes in the economic environment discussed below result in modifications of risk behavior on the part of insurance buyers (IB).

Keywords: Private Insurance; Moral Hazard; Insurance Contract; Tail Dependence; Insurance Company (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-20548-4_10

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DOI: 10.1007/978-3-642-20548-4_10

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