IDEAS home Printed from https://ideas.repec.org/a/taf/bushst/v59y2017i2p292-310.html
   My bibliography  Save this article

Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)

Author

Listed:
  • Pablo Gutiérrez González
  • Jerònia Pons Pons

Abstract

Reinsurance allows insurance companies to diversify their risks. However, from this original role, insurance companies have developed various reinsurance strategies in order to expand their market share. From the last decades of the nineteenth century to the 1940s, Spanish insurance companies used reinsurance in a largely unregulated context. This article analyses the reinsurance practices and their adaptation to the singularities of the Spanish market, namely: the difficulties for the consolidation of a core of pure reinsurers; the management of reinsurance in the internationalisation process; and the use of reinsurance by mutual societies to overcome their lack of equity capital.

Suggested Citation

  • Pablo Gutiérrez González & Jerònia Pons Pons, 2017. "Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)," Business History, Taylor & Francis Journals, vol. 59(2), pages 292-310, February.
  • Handle: RePEc:taf:bushst:v:59:y:2017:i:2:p:292-310
    DOI: 10.1080/00076791.2016.1187136
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00076791.2016.1187136
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/00076791.2016.1187136?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:taf:bushst:v:59:y:2017:i:2:p:292-310. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FBSH20 .

    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.