{"id":118380,"date":"2024-01-22T21:04:07","date_gmt":"2024-01-22T20:04:07","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/118380\/"},"modified":"2024-11-07T04:55:45","modified_gmt":"2024-11-07T03:55:45","slug":"life-insurance-business-continues-to-suffer-from-low-interest-rates","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/118380\/","title":{"rendered":"Life Insurance Business Continues to Suffer from Low Interest Rates"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-118380","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"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.","onlinedate":"2013-11-13 12:00:00","lang":"English","publication_series":"","publication_date":"20131101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Private insurance Insurance business Life insurance Non-life insuracne Private health insurance\"]","jelcodes":"[]","related_publications":"[]","pdf":350239,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"18","monthly_report_pages":"166-176","monthly_report_pages_sort":"166","issue":"3","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":"2013-11-13 12:00:00","types":[183747],"research_groups":[3500],"collaboration":"","persons":[3899],"persons_data":"[{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Url, T.<\\\/span> (2013). <span>Life Insurance Business Continues to Suffer from Low Interest Rates<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>18<\\\/em>(3), 166-176. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/46998\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/46998<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Url T<\\\/span>. <span class=\\\"title\\\"><span>Life Insurance Business Continues to Suffer from Low Interest Rates<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2013 Nov;18(3):166-176.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{38821005cd8a4434b4e4ea8da57e3e8e,<\\\/div><div>  title    = \\\"Life Insurance Business Continues to Suffer from Low Interest Rates\\\",<\\\/div><div>  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.\\\",<\\\/div><div>  keywords = \\\"Private insurance Insurance business Life insurance Non-life insuracne Private health insurance, Private insurance Insurance business Life insurance Non-life insuracne Private health insurance\\\",<\\\/div><div>  author   = \\\"Thomas Url\\\",<\\\/div><div>  note     = \\\"Private Insurance Business 2012\\\",<\\\/div><div>  year     = \\\"2013\\\",<\\\/div><div>  month    = nov,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"18\\\",<\\\/div><div>  pages    = \\\"166--176\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Life Insurance Business Continues to Suffer from Low Interest Rates<\\\/p><p>AU  - Url, Thomas<\\\/p><p>N1  - Private Insurance Business 2012<\\\/p><p>PY  - 2013\\\/11<\\\/p><p>Y1  - 2013\\\/11<\\\/p><p>N2  - 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.<\\\/p><p>AB  - 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. 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