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A Comparison of Large Firm Dominance in Property and Liability Insurance with Major Industries

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  • Edward Nissan
  • Regina Caveny

Abstract

This paper compares the concentration of property and liability insurance by line with a host of other industries. Measurements used are the Herfindahl and the concentration ratio. It was found that four of the lines distinguish themselves as the most concentrated among the top property and liability insurance, far exceeding in concentration all others.

Suggested Citation

  • Edward Nissan & Regina Caveny, 2001. "A Comparison of Large Firm Dominance in Property and Liability Insurance with Major Industries," Journal of Insurance Issues, Western Risk and Insurance Association, vol. 24(1/2), pages 58-73.
    • Handle: RePEc:wri:journl:v:24:y:2001:i:1:p:58-73
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    File URL: http://www.insuranceissues.org/PDFs/241NC.pdf
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    Cited by:

    1. Hofmann, Annette & Nell, Martin, 2008. "The impact of intermediary remuneration in differentiated insurance markets," Working Papers on Risk and Insurance 22, University of Hamburg, Institute for Risk and Insurance.
    2. Michael Sonnenholzner & Achim Wambach, 2009. "On the Role of Patience in an Insurance Market With Asymmetric Information," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 76(2), pages 323-341, June.

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