Arbeitspapier
Gauging the impact of a low-interest rate environment on German life insurers
A low interest rate environment can pose a key risk to the life insurance sector. A deteriorating return on investment holdings jeopardizes the guaranteed return on life insurance contracts. In this paper, we examine the effect of low interest rates on German life insurers by applying various adverse scenarios to a simple model of life insurers' balance sheets. A low return on investment can lead to a depletion of the bonus and rebate provisions. As a result, life insurers resilience may deteriorate. By way of this analysis, we can model approximately when the bonus and rebate provisions will be depleted.
- ISBN
-
978-3-86558-681-0
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Paper Series 2 ; No. 2011,02
- Klassifikation
-
Wirtschaft
Information and Market Efficiency; Event Studies; Insider Trading
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
- Thema
-
Life insurance
low-interest rate environment
financial stability
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kablau, Anke
Wedow, Michael
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsche Bundesbank
- (wo)
-
Frankfurt a. M.
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kablau, Anke
- Wedow, Michael
- Deutsche Bundesbank
Entstanden
- 2011
Ähnliche Objekte (12)
How is the low-interest-rate environment affecting the solvency of German life insurers?
Interest rate risk of life insurers: Evidence from accounting data
Lethal lapses: How a positive interest rate shock might stress German life insurers
German banks' behavior in the low interest rate environment
German banks' behavior in the low interest rate environment
Why are interest rates on bank deposits so low?
Why are interest rates on bank deposits so low?
The effects of a low interest rate environment on life insurers
The effects of a low interest rate environment on life insurers
The effects of a low interest rate environment on life insurers
Negative interest rate policy led to negative interest rates on corporate deposits and higher fees
Implications of negative interest rates for the net interest margin and lending of euro area banks
How is the low-interest-rate environment affecting the solvency of German life insurers?
Interest rate risk of life insurers: Evidence from accounting data
Lethal lapses: How a positive interest rate shock might stress German life insurers
German banks' behavior in the low interest rate environment
German banks' behavior in the low interest rate environment
Why are interest rates on bank deposits so low?
Why are interest rates on bank deposits so low?
The effects of a low interest rate environment on life insurers
The effects of a low interest rate environment on life insurers
The effects of a low interest rate environment on life insurers
Negative interest rate policy led to negative interest rates on corporate deposits and higher fees
Implications of negative interest rates for the net interest margin and lending of euro area banks
How is the low-interest-rate environment affecting the solvency of German life insurers?
Interest rate risk of life insurers: Evidence from accounting data
Lethal lapses: How a positive interest rate shock might stress German life insurers
German banks' behavior in the low interest rate environment
German banks' behavior in the low interest rate environment
Why are interest rates on bank deposits so low?
Why are interest rates on bank deposits so low?
The effects of a low interest rate environment on life insurers
The effects of a low interest rate environment on life insurers
The effects of a low interest rate environment on life insurers
Negative interest rate policy led to negative interest rates on corporate deposits and higher fees