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2021 | OriginalPaper | Buchkapitel

9. Regulation of Insurance

verfasst von : Peter Zweifel, Roland Eisen, David L. Eckles

Erschienen in: Insurance Economics

Verlag: Springer International Publishing

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Abstract

This chapter deals with a fact that has been largely neglected up to this point: the insurance industry is one of the most tightly regulated. The arguments proffered for justifying this regulation are reviewed in Sect. 9.1, which also introduces the distinction between two types of insurance regulation. Section 9.2 outlines three theories of regulation designed to explain the changing intensity of insurance regulation and some of its consequences. Empirical evidence regarding the effects of regulation on the industry and consumers is presented in Sect. 9.3. Finally, Sect. 9.4 contains a discussion of recent trends in insurance regulation.

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Vorheriges Kapitel Insurance Markets and Asymmetric Information

Nächstes Kapitel Social Insurance

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Titel: Regulation of Insurance
verfasst von: Peter Zweifel
Roland Eisen
David L. Eckles
Verlag: Springer International Publishing
Buch: Insurance Economics
Print ISBN: 978-3-030-80389-6

Electronic ISBN: 978-3-030-80390-2

Copyright-Jahr: 2021
DOI: https://doi.org/10.1007/978-3-030-80390-2_9