The Insurance Distribution Directive (IDD) aims to regulate insurance distribution in the EU regardless of distribution … channels and means. Although new technologies affect insurance distribution, the IDD does not explicitly regulate this digital … risks. However, the IDD exempts ancillary insurance intermediaries from its scope when they meet certain conditions. The …

can be obtained. The degree of market incompleteness, in turn, depends on two factors: (i) the richness of insurance … review a broad collection of empirical evidence--from econometric tests of "full insurance," to quantitative and empirical … analyses of the permanent income ("self-insurance") model that examine how it fits the facts about life cycle allocations, to …