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A State Controlled Market: the German Case

In: The Economics of Insurance Regulation

Author

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  • Jörg Finsinger

Abstract

All major parameters of the German insurance markets are supervised or controlled by a Government agency.1 The instruments of control and their impact will be examined. After a brief outline of the history of regulatory intervention and of the basic regulatory framework, studies of the automobile insurance market and of the life insurance market are presented in Sections 3 and 4, respectively. The two studies are self-contained and can be read independently. Simple cost function estimates as well as analyses of price differences are reported. In Sections 3.2.5 and 3.2.6 various market share models are estimated.

Suggested Citation

  • Jörg Finsinger, 1986. "A State Controlled Market: the German Case," Palgrave Macmillan Books, in: Jörg Finsinger & Mark V. Pauly (ed.), The Economics of Insurance Regulation, chapter 4, pages 111-160, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18397-5_4
    DOI: 10.1007/978-1-349-18397-5_4
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