IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

The asset portfolio composition of British life insurance firms, 1900 1965

  • BAKER, MAE
  • COLLINS, MICHAEL
Registered author(s):

    This article examines the investment practices of life assurance firms within the United Kingdom, through an analysis of the asset holdings of the sector over the period 1900 to 1965. The data are drawn from the detailed annual returns to the Board of Trade. Aggregate, sectional and individual company data are used in the study. Major trends in investment practice are identified and analysed; and cross-sectional comparisons are made. The main emphasis is on the contribution of the life assurance sector towards provision of financial support to the British industrial sector. From the beginning of the period a significant proportion of life firms investments was held in corporate securities, although over time the composition moved away from fixed-interest stock towards share holdings. The study highlights the great variation in investment practice across individual life assurance firms, with no strong evidence of convergence over time excepting investments in equity holdings.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://journals.cambridge.org/abstract_S0968565003000131
    File Function: link to article abstract page
    Download Restriction: no

    Article provided by Cambridge University Press in its journal Financial History Review.

    Volume (Year): 10 (2003)
    Issue (Month): 02 (October)
    Pages: 137-164

    as
    in new window

    Handle: RePEc:cup:fihrev:v:10:y:2003:i:02:p:137-164_00
    Contact details of provider: Postal: Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK
    Web page: http://journals.cambridge.org/jid_FHR
    Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:cup:fihrev:v:10:y:2003:i:02:p:137-164_00. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Keith Waters)

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.