Using a representative sample of an entire country's population and a measure of insurance knowledge developed and validated by an insurance supervisor, this study tests the determinants of individuals’ insurance knowledge and the impact of this knowledge on the holding of insurance products...

Using a representative sample of an entire country's population and a measure of insurance literacy developed and validated by an insurance supervisor, this study tests the impact of insurance literacy on the holding of insurance products. We show that insurance literacy influences insurance...

The risk of compliance comes from the failure to comply with laws, regulations, rules, self-regulatory standards, and codes of conduct. This article focuses on the evolving scenario of the compliance function within banks, investment and insurance companies operating in Italy. We developed four...