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A comprehensive chronicle of thetransformation of the intensely competitive British insurance industry in response to evolving economic, social, technological and political conditions. It analyzes the fast-changing shape of the distribution system, the role of the state and the shifting boundaries of insurability and risk transfer.
List of contents
PART I: FIRST HALF OF CENTURY From the End of the Victorian Era to 1914 World War 1 The Interwar Years World War 2 PART II: LINES OF BUSINESS From Austerity to Prosperity Life Insurance Commercial Insurances Reinsurance Risk Management Lloyd's of London International Business& Europe PART III: MARKET INFRASTUCTURE Competition& Mergers Trade Associations& Other Bodies Insurance Distribution Channels Insurance Regulation Looking Ahead Time-line Bibliography Notes Index
About the author
ROBERT L CARTER OBE is Emeritus Professor of Insurance Studies at the University of Nottingham, UK. He has acted as a consultant for the Association of British Insurers, LAUTRO, the World Bank, OECD and others.
PETER FALUSH is a consultant economist, with 40 years experience in the insurance industry and elsewhere. He worked as a consultant for the Association of British Insurers and the OECD and as a financial journalist.
Summary
A comprehensive chronicle of thetransformation of the intensely competitive British insurance industry in response to evolving economic, social, technological and political conditions. It analyzes the fast-changing shape of the distribution system, the role of the state and the shifting boundaries of insurability and risk transfer.
Additional text
'This book is a magisterial compendium of historical information. As the British economy enters the most dramatic period of change since the Industrial Revolution, it is valuable to have a reference point as to how things were in the recent past. The whole scene is set out here: life and general insurance, reinsurance and the changing pattern of legislation and regulation. No-one is better qualified than these writers to bring all this material together and this book again confirms their standing as absolute leaders in their field.' - Dr David E Bland OBE, former director general of the Chartered Insurance Institute and Chairman of Viapost Ltd, UK
Report
'This book is a magisterial compendium of historical information. As the British economy enters the most dramatic period of change since the Industrial Revolution, it is valuable to have a reference point as to how things were in the recent past. The whole scene is set out here: life and general insurance, reinsurance and the changing pattern of legislation and regulation. No-one is better qualified than these writers to bring all this material together and this book again confirms their standing as absolute leaders in their field.' - Dr David E Bland OBE, former director general of the Chartered Insurance Institute and Chairman of Viapost Ltd, UK
