Developing Insurance Markets : Does Fragmentation and a Reliance on Compulsion Hinder Innovation, Growth and Development? (anglais)

Highly competitive markets or fragmented insurance markets are usually characterized by some irrational competition. In less developed non‐life insurance markets, this competition may be most visible in loss making compulsory motor insurance. Usually it is a large proportion of the business mix. Irrational price wars erode profits. A strict or penal treatment of claimants erodes trust. The societal and policy objectives of the compulsory lines of...

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INFORMATION

Auteur

Thorburn,Craig Walton;
Date du document
2020/08/04
Type de document
Document de travail
Numéro du rapport
144668
Volume
1
Total Volume(s)
1
Pays
Monde,
Région
Autres,
Date de publication
2020/08/04
Disclosure Status
Disclosed
Titre du rapport
Developing Insurance Markets : Does Fragmentation and a Reliance on Compulsion Hinder Innovation, Growth and Development?
Mots clé
growth and development

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Developing Insurance Markets : Does Fragmentation and a Reliance on Compulsion Hinder Innovation, Growth and Development? (anglais)

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