This book examines the challenges for the life insurance sector in Europe arising from new technologies, socio-cultural and demographic trends, and the financial crisis. It presents theoretical and applied research in all areas related to life insurance products and markets, and explores future...

Standardized longevity risk transfers often involve modeling mortality rates of multiple populations. Some researchers have found that mortality indexes of selected countries are cointegrated, meaning that a linear relationship exists between the indexes. Vector error correction model (VECM) was...

Part I - Market Picture and Development Challenges -- European Life Insurance Market – Analysis of Current Situation and Development Prospects -- Social Determinants of Life Insurance in the European Union -- The Challenges Faced by Life Insurance Companies in the Baltic States -- The Turkish...