The Role of Foreign Reinsurance in the Setting of Insurance in Spain (1960–2000)

Leonardo Caruana de las Cagigas ()
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Leonardo Caruana de las Cagigas: University of Granada

Chapter Chapter 8 in Role of Reinsurance in the World, 2021, pp 173-195 from Palgrave Macmillan

Abstract: Abstract The reinsurance industry will be mainly in hands of foreign companies or explained in another way, they are the leaders in the process in Spain. In all moment they will sustain the risk of the insurance industry. This paper will concentrate in the second half of the twentieth century to explain how the international reinsurance companies diminish the risk and reinforce the insurance business in a useful way to make it possible that Spain joins the developed countries in this matter. In many ways, this is a general process in many countries, because reinsurance is mainly a business that is concentrated in few countries that expand in all the world, and in fact we should mainly refer to few companies that control or support the reinsurance development in the world and naturally main purpose, the insurance industry.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-030-74002-3_8

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DOI: 10.1007/978-3-030-74002-3_8

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