Questions for IDD-points – Webinar Life Insurance Across Europe – An Overview from an Actuarial Perspective Questions for IDD-points - Webinar Life Insurance Across Europe – An Overview from an Actuarial Perspective Part 1Questions for IDD-points - Webinar Life Insurance Across Europe – An Overview from an Actuarial PerspectivePart 1Please enter your full name here:* Please enter your full name here:*Which guarantees can insurance companies give in a unit-linked life insurance contract in Austria?* Which guarantees can insurance companies give in a unit-linked life insurance contract in Austria?*A. Any guarantee with a risk that is manageble by the insurerB. No financial guaranteesC. No biometric guarantees (mortality tables)D. No guarantees at all allowed The German Pension Reform Act will …* The German Pension Reform Act will …*A ...introduce products without guarantees and withdrawal plans into the segment of government-subsidized old-age provisionB. ...forbid life insurance companies to provide life lone annuitiesC. ...change taxation rules in the third pillar of old-age provisions.What was a key change introduced by the revised Swiss life insurance disclosure framework from 2024 onwards?* What was a key change introduced by the revised Swiss life insurance disclosure framework from 2024 onwards?*A. Introduction of mandatory Value-for-Money testsB. Introduction of a maximum cost cap for life insurance productsC. Mandatory annual premium reductionsD. Replacement of fixed illustration rates (e.g., 3%, 6%, 9%) by risk-based projectionsWhat characterises the Danish life and pensions market?* What characterises the Danish life and pensions market?*A. Individualised unit-linked products and flexible investment choicesB. Widespread capital-heavy, guaranteed savings products C. High retail focus, consumer choice and high customer turnoverD. Customer-focus, labour-market focus, annual tax on pensions savingsWhy are Italian Participating (with-profit) products currently under pressure?* Why are Italian Participating (with-profit) products currently under pressure?*A. Their guarantees are no longer legally enforceableB. Their returns are highly volatile due to mark-to-market accountingC. Their yields tend to lag government bond yields in a higher-rate environment D. Their asset allocation is predominantly equity-based