The development of marine insurance has been imperative for the expansion of longdistance maritime trade. Without marine insurance, the Dutch Republic would not have been able to enlarge its trade networks and in all likelihood would not have prospered as it did in the early modern era. The emergence and early development of marine insurance in the Netherlands has been fairly well documented. T...

OBJECTIVES The aim of this study was to identify the effects of community-based home healthcare projects that influence service performances with regard to Korean national long-term care insurance services in older adults. METHODS The project's applicants were 18 operational agencies in national long-term care institutions in Korea, and participants were care recipients (n = 2263) registered ...

__ Collaborative robot systems can be applied in the „Power and Force Limiting“ function without conventional protective devices such as fences and light curtains. Concerning the requirements of standards, rules and regulations and the implementation of research results, there is a need for practical guidance for manufacturers, system integrators, users, accident insurance Institutions and cert...

With the adoption of national health insurance in 1977, Korea has been utilizing fee-for-service payment with contract-based healthcare reimbursement system in 2000. Under the system, fee-for-service reimbursement has been accused of augmenting national healthcare expenditure by excessively increasing service volume. The researcher examined in this paper two major alternatives including diagnos...

This article analyzes the consequences for risk distribution of the French Flood Prevention Action Programme (PAPI). By redirecting floods from the most vulnerable to the least vulnerable areas, PAPIs expose farmers to greater flood risks. This has led local water management institutions to introduce compensation payments. The article outlines the results of an exhaustive survey of all PAPIs in...

In this paper we examine the scope of cross-country variation in institutions related to social insurance. Building on the variation we find we assess the value of new micro data that is comparable across countries to help identify key parameters of individual behavior. We present multiple aspects of labor force participation, including disability benefit receipt, as well as wealth accumulation...

The Financial Modernization Act (FMA) of 1999 permits banks, securities ®rms, and insurance companies to combine and compete with each other in all types of ®nancial services. No longer are the names of ®nancial institutions synonymous with their particular products. This suggests moving from an``institutional perspective'' that focuses upon the historical specializations of institutions, to a ...

Moral hazard is one of the most basic concepts in economics: If someone pays you for your accidents, you will expend less effort trying to avoid them. Insurance companies understand this perfectly well. That's why most insurance contracts include customer deductibles and limited coverage. This seems straightforward enough. Why is it, then, that policymakers appear to have missed this important ...

Another feature is the large and growing share occupied by the government. Government financial institutions also have specialized business areas, such as export and import, overseas investment, development, small businesses, agriculture, forestry and fisheries, and housing. Post offices absorb funds through postal savings, insurance schemes and pension plans (see Chart 1 , llOrganization Chart...