The COVID-19 pandemic has the global economy under control. This paper deals with the economic consequences in Germany and shows the measures taken by the German government to support especially small and medium-sized export companies. The structure of the German economy and foreign trade...

Insurance companies are making an ever increasing effort to tailor their products more to the needs of their customers. A successful realization of these projects could result in a substantial competitive Advantage compared to their peers. Customer understanding differs fundamentally, depending...

Purpose: The purpose of this paper is to show how an insurance company can maximize the policyholder’s utility by setting the level of the interest rate guarantee in line with his preferences. Design/methodology/approach: The authors develop a general model of life insurance, taking...