Brandner, Peter - In: WIFO Monatsberichte (monthly reports) 64 (1991) 6, pp. 345-351
In 1989 and 1990, the expansion of the private insurance sector fell short of overall economic growth. For the first time in the eighties premium revenues rose less fast than nominal GDP. The tax reform of 1989 and the high level of interest rates let life insurance premium yields even decline...