IDEAS home Printed from https://ideas.repec.org/a/cup/buhirw/v82y2008i01p59-86_03.html
   My bibliography  Save this article

Regulatory Regimes and Multinational Insurers before 1914

Author

Listed:
  • Pearson, Robin
  • Lönnborg, Mikael

Abstract

At the end of the twentieth century, the global diffusion of one important financial service, insurance, was encouraged by deregulation, but it also encountered difficulties where deregulation remained incomplete and where there were many nonregulatory barriers to entry. International insurance was already well developed before 1914. The growth in the global insurance trade, however, occurred against a background of increasing national regulation and fiscal burdens in many countries, making international business affordable only for the largest companies with the deepest reserves. This paper offers some preliminary estimates of the extent of the international insurance trade during the half-century before the First World War, and assesses the impact of national regulatory regimes and nonregulatory factors on the development of this business. The analysis is placed within the framework of modern theories of regulation and multinational enterprise.

Suggested Citation

  • Pearson, Robin & Lönnborg, Mikael, 2008. "Regulatory Regimes and Multinational Insurers before 1914," Business History Review, Cambridge University Press, vol. 82(1), pages 59-86, April.
    • Handle: RePEc:cup:buhirw:v:82:y:2008:i:01:p:59-86_03
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S000768050003751X/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. van der Heide, Arjen & Kohl, Sebastian, 2022. "Private insurance, public welfare, and financial markets: Alpine and Maritime countries in comparative-historical perspective," MPIfG Discussion Paper 22/4, Max Planck Institute for the Study of Societies.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:buhirw:v:82:y:2008:i:01:p:59-86_03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/bhr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.