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International Insurance Markets: Between Global Dynamics and Local Contingencies—An Introduction -- The United States Insurance Market: Characteristics and Trends -- The Japanese Insurance Market and Companies: Recent Trends -- The UK Insurance Industry—Structure and Performance -- The...
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This paper evaluates the extent of adverse selection in life insurance and annuities in international markets, for both group and individual products. We also compare results with prior analyses of adverse selection in international annuity markets, focusing on the US, the UK, and Japan. Our...
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