Price Regulation and Segmented Insurance Markets

J. François Outreville

Chapter 11 in Risk, Information and Insurance, 1991, pp 221-229 from Springer

Abstract: Abstract The topic of regulation and deregulation of insurance markets is currently of great interest to regulators concerned (1) with the protection of the consumer against insolvency of insurance firms and (2) with the availability of insurance at equitable prices to all groups of the population. Discussion about the liberalization of controlled markets frequently assumes that the removal of price restrictions and trade barriers will lead rapidly to increased marketed output. Managers and investors are also more and more concerned with the efficiency and profitability of their companies and the general conclusion is that deregulation is more likely to increase marketing efficiency than to increase the quantities produced or consumed.

Keywords: Equilibrium Price; Demand Curve; Insurance Market; Segmented Market; Supply Curve (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-94-009-2183-2_11

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DOI: 10.1007/978-94-009-2183-2_11

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