Insurance League: Italy vs. U.K.
ANDREA CONSIGLIO
(Associate professor of mathematical finance at the University of Palermo in Palermo, Italy. consiglio@unipa.it)
DAVID SAUNDERS
(Assistant professor of mathematics at the University of Pittsburgh in Pittsburgh, PA. saunders@math.pitt.edu)
STAVROS ZENIOS
(Professor of business and public administration at the University of Cyprus in Nicosia, Cyprus; the director of HERMES European Center of Excellence on Computational Finance and Economics; the director of RiskLab Cyprus at the University of Cyprus; and a senior fellow at The Wharton Financial Institutions Center, University of Pennsylvania. zenioss @ auy.ac.cy)
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Abstract
Insurers are competing by adopting product innovations that provide the insured with integrated coverage for actuarial and financial risks. This article compares the contract structures of blended life policies between the insurance markets in Italy and the United Kingdom within the context of asset‐liability management and welfare analysis.
Citation
CONSIGLIO, A., SAUNDERS, D. and ZENIOS, S. (2003), "Insurance League: Italy vs. U.K.", Journal of Risk Finance, Vol. 4 No. 4, pp. 47-54. https://doi.org/10.1108/eb022973
Publisher
:MCB UP Ltd
Copyright © 2003, MCB UP Limited