IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2013i3p166-176.html
   My bibliography  Save this article

Life Insurance Business Continues to Suffer from Low Interest Rates

Author

Listed:
  • Thomas Url

    (WIFO)

Abstract

The Austrian insurance market contracted in 2012, mainly due to a decline in life insurance simple premium payments. In private health and non-life insurance, however, the number of insured risks increased. In both areas, the influence of price increases during the year was stronger than the slightly positive volume effect. Persistently low interest rates pose a severe challenge to insurance companies' investment policy. In 2012, low write-offs allowed for an increase in the return on assets.

Suggested Citation

  • Thomas Url, 2013. "Life Insurance Business Continues to Suffer from Low Interest Rates," Austrian Economic Quarterly, WIFO, vol. 18(3), pages 166-176, November.
    • Handle: RePEc:wfo:wquart:y:2013:i:3:p:166-176
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/46998
    File Function: abstract
    Download Restriction: Payment required
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Thomas Url & Franz Sinabell, 2008. "Flood Risk Exposure in Austria – Options for Bearing Risk Efficiently," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 128(4), pages 593-614.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thomas Url, 2014. "Weak Growth Weighs on Private Insurance Business in 2013," WIFO Bulletin, WIFO, vol. 19(14), pages 132-141, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thomas Url, 2013. "Lebensversicherung leidet weiterhin unter niedrigem Zinsniveau," WIFO Monatsberichte (monthly reports), WIFO, vol. 86(9), pages 769-779, September.
    2. Thomas Url, 2017. "Private Insurance Premium Income Declined in 2016," WIFO Bulletin, WIFO, vol. 22(14), pages 133-142, September.
    3. Thomas Url, 2017. "Schwache Einmalerläge dämpfen 2016 Prämieneinnahmen der Privatversicherungswirtschaft," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(9), pages 701-711, September.
    4. Heinschink, Karin & Sinabell, Franz & Url, Thomas, 2017. "Elements of an index-based margin insurance – an application to wheat production in Austria," 91st Annual Conference, April 24-26, 2017, Royal Dublin Society, Dublin, Ireland 258625, Agricultural Economics Society.
    5. Thomas Url, 2011. "Private Versicherungen als Finanzierungsquelle für den Pflegebedarf im Alter," WIFO Studies, WIFO, number 41358.
    6. Thomas Url, 2022. "Die gesamtwirtschaftliche Bedeutung der österreichischen Versicherungswirtschaft," WIFO Studies, WIFO, number 69819.
    7. Reimund Schwarze & Gert G. Wagner, 2009. "Natural Hazards Insurance in Europe - Tailored Responses to Climate Change Needed," Working Papers 2009-06, Faculty of Economics and Statistics, Universität Innsbruck.
    8. repec:wfo:wquart:y:2013:i:3:p:157-167 is not listed on IDEAS

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:2013:i:3:p:166-176. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.