The scope of this paper is to analyse duration as a risk measure of life insurance liabilities from traditional life insurance products using a simple model to assess the problem. First, the liabilities are defined. Then the concept of Macauley duration as a measure for interest rate risk with respect to life insurance liabilities is derived. This concept is discussed with respect to its useful...

In life insurance medicine the mortality of the applicants with in the period of insurance is assessed on the basis of present risk factors or diseases. Unlike hypertension or overweight, where risk assessment of the medical values is possible directly, the risk assessment of diabetes is a complex problem. If a person is diabetic then to find out the mortality of insurer for life insurance medi...

BACKGROUND Population aging has become increasingly serious in China. The demand for medical insurance of the elderly is increasing, and their health status and life satisfaction are becoming significant issues. This study investigates the effects of medical insurance on the health status and life satisfaction of the elderly. METHODS The national baseline survey data of the China Health and R...

In this paper, we investigate the nexus between life insurance and suicide behavior using OECD cross-country data from 1980 to 2002. Through semiparametric instrumental variable regressions with fixed effects, we find that for the majority of observations, there exists a positive relationship between suicide rate and life insurance density (premium per capita). Since life insurance policies pay...

this study is conducted to measure the actual efficiency comparison of life insurance company between bangladesh and malaysia. total 15 life insurance companies’ were selected for the study where 10 conventional life insurance companies’ from bangladesh and 5 takaful lifeinsurance companies’ from malaysia. authors tried toindicate the problems and way to get exact solutions by using data envelo...

This study aims to probe into the analysis of online word-of-mouth in the insurance industry of Taiwan. By treating the top four insurance companies as key words, the researcher extracts users’ learning from blogs and online forums between January 1, 2010 and July 5, 2011. After eliminating improper samples, there are 914 valid articles. The research findings demonstrate that, the characteristi...

This study examines the relationship between the life insurance and economic growth in India. The total life insurance premium (TLIP), and total life insurance investment (TLII), are used as proxy for life insurance and Gross Domestic Product (GDP) is used for the economic growth. The data has been compiled from the Handbook on Indian Insurance Statistics, IRDA annual reports and economic surve...

Innovative life insurance products such as unit-linked life insurance, hybrid life insurance, and variable annuities are rapidly gaining popularity and becoming a major part of new business in Germany. However, since traditional life insurance products still dominate the portfolios of life insurance companies, discussions about the standard formula for determining the solvency capital requireme...