2014
DOI: 10.1007/s13385-013-0084-6
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Discontinued business in non-life insurance: an empirical test of the market development in the German-speaking countries

Abstract: Although every company has discontinued business, its active management is a relatively new topic in practice and an entirely new field of study in academia. Based on a survey of 85 non-life insurers from Germany, Switzerland, Austria, and Luxembourg, we empirically test the market development and find indication that Swiss insurers seem to have more experience with the active management of discontinued business than insurers in other countries. We explain this phenomenon by that country's more advanced solven… Show more

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