Thesis (M.B.A.)--Boston University / PLEASE NOTE: Boston University Libraries did not receive an Authorization To Manage form for this thesis or dissertation. It is therefore not openly accessible, though it may be available by request. If you are the author or principal advisor of this work and would like to request open access for it, please contact us at open-help@bu.edu. Thank you. / 2999-01-01

published_or_final_version / Business Administration / Master / Master of Business Administration

i Abstract: This thesis assesses the impact of economic, institutional and demographic factors on the life and non-life gross written premiums of insurance companies. A dynamic panel data regression using the system generalized method of mo- ments is applied on data of 29 European countries collected by EIOPA covering the period from 2005 to 2013. The results reveal that economic and institutio- nal factors drive both life and non-life insurance industry. On the other hand, we cannot confirm that demographic factors are significant determinants of the growth in GWPs. Subsequently, the hypothesis that there are substantial cross-countries differences among the importance of different macroeconomic determinants on the insurance sector development is explored and confirmed. This work shines new light on the development of the quantitative macro- prudential framework used to determine different economic scenarios affecting insurance companies' balance sheets. Moreover, a broader set of panel data and more variables explaining the growth in insurance sector bring new contributi- ons to the current discussion in academic literature.

The structure of life insurance products is very complicated. For election one of the types of life insurance is essential to have at least a basic idea about the product and in cooperation with an expert to refine this idea more and realize the purchase insurance .Orientation between the products is not easy. People often do not know how to choose the right product and also insurance broker. On these questions I was trying to find the answer. In the first part, I was interested in historical and contemporary role of life insurance. I have assessed the development of selected values of life insurance over the last few years and described tax advantages of life insurance, which can be applied under certain conditions. This part deals with the basic description of life insurance and some potential pitfalls arising from the premature termination of life insurance. To create a full picture, some chapters are enhanced about the examples of life insurance. Following this chapter I talking about insur and about the method of determining the sum insured. Next I talked about insurance brokers and also compared the savings insurance products with potential competitors. Finally, I devided potential clients into groups according to their age and I evaluated the financial capabilities of individuals in a given period.

by Chui Pui-Wah, Wong Wing-Ho, Wu Xiujuan. / Thesis (M.B.A.)--Chinese University of Hong Kong, 2003. / Includes bibliographical references (leaves 88-89). / Questionnaires in Chinese. / ABSTRACT / ACKNOWLEDGEMENTS / LIST OF TABLES AND FIGURES / TABLE OF CONTENTS / CHAPTER / Chapter I. --- INTRODUCTION --- p.3 / Chapter II. --- METHODOLOGY --- p.6 / Primary Research --- p.6 / Exploratory Study --- p.6 / On-site Interview --- p.7 / Questionnaire --- p.7 / Secondary Research --- p.10 / Limitations --- p.11 / Chapter III. --- COMPANY BACKGROUND AND INDUSTRY ANALYSIS --- p.12 / Company Background --- p.12 / Life Insurance Market Environment in China --- p.14 / Strong Economic Growth --- p.14 / Economic Reform Creates Needs for Private Insurance --- p.15 / Opportunities for Foreign Life Insurer upon China's WTO Accession --- p.16 / Future Development of life Insurance in China --- p.22 / Nanjing ´ؤ An Attractive Market for AIA --- p.24 / Chapter IV. --- AIA IN THE MAINLAND CHINA --- p.27 / Business Expansion --- p.27 / Market Share --- p.28 / Promotion by Building Good Will --- p.29 / New Concepts brought to China Insurance Market --- p.30 / Problems Faced --- p.30 / Chapter V. --- DATA ANALYSIS --- p.32 / Demographics --- p.32 / General Findings --- p.35 / Consumer Behavior Analysis --- p.40 / AIA and its rivals --- p.45 / Further Findings Tested by Null Hypothesis --- p.54 / Conclusions --- p.58 / Chapter VI. --- RECOMMENDATIONS FOR AIA --- p.61 / Target Customers --- p.62 / Product --- p.62 / Pricing --- p.64 / Promotion --- p.65 / Distribution --- p.67 / Chapter VII. --- APPENDIX --- p.69 / Chapter VIII. --- BIBLIOGRAPHY --- p.88

This thesis deals with analysis of development in insurance penetration of the Czech republic. The importance of insurance is growing in years, what is numerically expressed in values of insurance penetration indicators. This thesis is focused on development in the Czech republic between years 2000-2010. To review values in the broader context will be indicators compared with EU countries. The thesis is finished by summary of the insurance penetration in the Czech republic and by the prognosis of the further development.

摘要 我國自民國91年4月實施財產保險費率自由化三階段，整個產險業界保費，有逐年下滑的趨勢，但於民國86年經由主管機關，核准由產險公司承做的傷害險，保費卻有逐漸累積的趨勢，在民國98年保費收入已達105億，約為當年度產值10.4%，讓產險業界對產險經營健康險的未來，有相當大的鼓舞，期待成為潛力的險種。 健康險開放產險經營，以一年期以下的健康險經營為主，與壽險長年期健康險不同；壽險業健康險近年來大幅度的成長，就民國98年看，有近29.7%的成長，且有不錯的平均損失率；如何增進核保與理賠技術、選擇行銷健康險的利基點，及透過壽險公司學習經營管理經驗等，成了健康險的新加入者－「產險業界」重要的課題，本論文以此為研究課題，以期可以更瞭解產險業者產值擴增的可能機會。 本論文透過產險及壽險的比較，探討產險業者經營的優點及可能面臨的相關問題，不僅積極業務發展，並了解潛在的風險，做到足夠風險防範的管理；接著再透過個案公司的健康險發展做法，在不同的金融控股公司性質及通路特性，做為其它業者在健康險發展的觀摩和可能的借鏡。最後，經本文研究後，提出個人的建議，希望在產險業者、主管機關的共同努力之下，除了讓產險業界正面的發展，更提供消費者多一個風險轉移的管道。 / Since Taiwan’s Non-life Rate Deregulation Plan has put into practice effectively from April 1, 2002 with three phases, there is a descending tendency in total premiums. In 1997, property insurance industry was approved by competent authority to provide personal accident insurance services. Instead of decreasing, the accumulated premium in Personal Accident Insurance had increased gradually. In 1998, the premium income had reached 10.5 billion, about 10.4% of total premium income in non-life insurance industry. The result quite inspired us to expect well performance in providing health insurance, the potential insurance in the future, by non-life insurance companies. The major insurance period of health insurance provided by non-life insurance companies is one year or less than one year, differing from the health insurance sold in life insurance companies. There is substantial growth of health insurance in life insurance in recent years. In 2009, there was nearly 29.7% increase with good average loss ratio. It was the important issues of non-life insurance companies to improve skills of underwriting and claiming, select niche in health insurance marketing etc, so we select it as the main research topic of this paper. The purpose of this study was to find out the advantages and possible risks in non-life insurance companies when they are running health insurance. Not only to develop business vigorously but also to understand potential risks and manage it well. Then, the paper takes the health insurance development progress of the corporation in the case to offer new perspective to ponder over some potential problems when other non-life insurance companies are developing health insurance. Last but not least, this paper proposed some personal opinions, hoping that non-life insurance companies, competent authority could make joint efforts, in addition to making non-life insurance industry progress positively, this research also providing another risk transfer method to consumers.

The thesis deals with current trends in insurance. The aim of the thesis is to find and analyse the development trends, which has affected the insurance market the most in the last years. The first part is defined by the evolution of Czech insurance market in terms of premiums written. The next two chapters are devoted to trends in non-life and life insurance and trends in motor vehicle insurance. For non-life insurance, the development of catastrophic events, and as a result of the increasing importance of alternative instruments of risk. The chapter on trends in life insurance is about one-off and regular insurance policies, as well as the decision of the Court of Justice of the EU ban on sex discrimination in the calculation of insurance premiums and administration including creation of insurance for women only. The last chapter deals with the new Solvency II regulatory concept. Explaining his goals, three pillars, as well as the Lamfalussy legislative process, according to which it is created. In conclusion, there are also evaluated its effects.

The marketing of personnel assessment services by a variety of individuals and groups has developed into a highly competitive, somewhat unstable, and unusually controversial major American merchandising effort. This study contains a review of the promotional materials and activities of several commercial assessment organizations. Emphasis has been placed upon various "scientific breakthroughs" in the field, including, when possible, the descriptive as well as the predictive utilities that are claimed to result from their use. Three procedures were studied under actual industrial conditions, using tenure and productivity measures as criteria. None of the procedures was found to be significantly predictive in this instance.

The diploma thesis deals with the issue of insurance risks in the area of life insurance from the perspective of the client. The first part is devoted to the basic concepts of life insurance. Then the basic ideas of optimization are described. The second part focuses on creating a model for an easier understanding of concept of life insurance and on the setting of the most optimal insurance options that respond to the client. Emphasis is put on maximizing client benefits. The created model is based on with real data and is processed in the MS Excel spreadsheet.