IDEAS home Printed from
   My bibliography  Save this article

Competition, Market Structure and Market Power in the Insurance Industry in Lesotho


  • H M Bello
  • M Sepiriti
  • E M Letete


The study analyzes the degree of competition, market structure and market power in the insurance industry in Lesotho. Data used for the study was collected from the existing insurance firms in Lesotho between 2000 and 2005. Trends of fluctuations were studied for this period. The entropy index was computed and used along with the actual number of firms and agents that existed in the industry, to determine the concentration levels and the degree of competition. The results reveal that the market is found to be oligopolistic in which there is existence of market power with some firms in the industry.

Suggested Citation

  • H M Bello & M Sepiriti & E M Letete, 2009. "Competition, Market Structure and Market Power in the Insurance Industry in Lesotho," The IUP Journal of Financial Economics, IUP Publications, vol. 0(1), pages 7-21, March.
  • Handle: RePEc:icf:icfjfe:v:07:y:2009:i:1:p:7-21

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.


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

    Cited by:

    1. Mahmoud Moeinaddin & Shahnaz Nayebzadeh & Masoumeh Ghasemi, 2013. "The Relationship between Product Market Competition and Capital Structure of the Selected Industries of the Tehran Stock Exchange," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(3), pages 221-233, July.
    2. Sedat Göçen & Mesut Albeni & Şevket Yirik & Hakan Yildiz & Mesut Akdere, 2017. "Competition, market structure and market power within the hotel-supplier sector in Antalya, Turkey," Tourism Economics, , vol. 23(3), pages 647-668, May.

    More about this item


    Access and download statistics


    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:icf:icfjfe:v:07:y:2009:i:1:p:7-21. 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: (G R K Murty). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.