July 2018
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49 Reads
New regulations prohibiting insurers form using gender criterion when determining premiums and benefits in life insurance came into force at the end of 1 March 2011 caused significant changes in the life insurance market in Europe and Poland. Additionally, a comparative analysis of the valuation of sample life insurance products before and after the adjustment has been made for the purpose of this study. The study presents an analysis of the changes based on the theory of interventionism. The main conclusion is the claim that non-market regulations cause far-reaching consequences disrupting the functioning of free market.