Expanded Definitions

In general it could be said, that the more complex (unique) the risk, the larger the businesses the more likely the coverage can be categorised to be an industral insurance, above all, when it is a cross boarder risk.

Using the wrong terms for expressing the size of broker businesses could mislead investor's decision making processes.

The german insurance association (GDV) publishes yearly figures about the German insurance market. The structure they use may not be intuitive nor logically coherent. This post will provide guidance to easily navigate through the jungle of data being provided

The value chain of the insurance market consists of value chain steps and within each step various functional processes that are depicted in this post