Growth, crisis and change in the insurance industry: a retrospect

Robin Pearson

Accounting History Review, 2002, vol. 12, issue 3, 487-504

Abstract: The insurance industry currently finds itself in a revolutionary situation characterized, in part, by the impact of new direct marketing techniques, facilitated by new technologies; by corporate restructuring and the creation of international mega-corporations; and by the accelerating globalization of the industry. This article surveys recent research on insurance history with the aim of placing these developments in their long-run context. Three areas are examined for evidence of continuities and discontinuities with the past: namely, the impact of technology, the interaction between markets and organizational change, and the globalization of insurance and its relationship to economic growth.

Keywords: Insurance; Reinsurance; Risk; Technology; Mergers; Globalization (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1080/09585200210164610

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