The stormy years following introduction of the single market appear to be over at last. In spite of the fact that the premium level in the main segments was cut for good, insurers were for the first time able to impose substantial increases in premium rates in 2001, a development which is...

In 2002, private insurers saw their revenues from premiums grow in alignment with GDP at current prices. Due to price increases, property and liability insurance once again expanded its traditional dominance. For 2003, revenues from premiums are expected to rise slightly above the growth rate of...

The Single Market Project of the European Commission was supposed to change the financial service industry markedly. We provide a first attempt to assess its consequences on the insurance industry in Germany, the largest insurance market within the European Union. For this purpose we apply a...