Surprises in a Growing Market Niche: An Evaluation of the German Annuities Market | Munich Center for the Economics of Aging - MEA
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Surprises in a Growing Market Niche: An Evaluation of the German Annuities Market

Content High replacement rates from public old age insurance might lead to the belief that little room is left for private sector annuities in Germany. Taking a closer look, we find a small market with a surprisingly large variety of products. Due to the recent pension reform and future ones to come the market is projected to grow substantially in the upcoming years. This paper describes the available annuity contracts and determines their money?s worth for different subgroups of the population.
Publication Details
csm_csm_gaudecker_8e341107bc_c609c62c85

Hans-Martin von Gaudecker

Carsten Weber

2004
S. 394 - 416
29
The Geneva Papers on Risk and Insurance - Issues and Practice