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Contribution Details

Type Master's Thesis
Scope Discipline-based scholarship
Title A Comparative Study of Demand Drivers for Life Insurance in Western and Eastern Europe
Organization Unit
Authors
  • Borislav Panorov
Supervisors
  • Cosimo Munari
Language
  • English
Institution University of Zurich
Faculty Faculty of Business, Economics and Informatics
Number of Pages 63
Date 2018
Abstract Text I first make a thorough review of the academic literature dedicated to life insurance and outline the evolution of scientific thought since the mid-1960s. Afterwards, I show how the European life insurance legislation evolved over the same period. Additionally, I explore how the life market developed during and after the last financial crisis. Finally, I use the econometrics of panel data on two samples of ten EU member states in the period 1995-2015 to determine the life insurance demand drivers common to Eastern and Western European countries. I find evidence that the drivers in Eastern Europe are different from those observed in Western Europe.
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