Centro de Documentacion de Fundación MAPFRE - The Effect of regulation on insurance pricing : the case of Germany

MAP20120019294

The Effect of regulation on insurance pricing : the case of Germany / Thomas R. Berry-Stölzle, Patricia Born

Sumario: This article analyzes the impact of policy from regulation on the unit price of insurance and determinants of premium changes using the 1994 deregulation of the German property-liability market as a natural experiment. Our result shoe that policy from regulation did not increase prices above competitive levels. Factors influencing premium changes are significantly different for two periods, pre-and post-deregulation, indicating that regulation affects insurance pricing. Focusing on highly competitive lines after deregulation, we find a significant price decrease, and this decrease is offset by higher prices in the remaining other lines

En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 01/03/2012 Tomo 79 Número 1 - 2012 , p. 129-164

1. Property . 2. Liability . 3. Regulación económica . 4. Precios . 5. Mercado de seguros . 6. Alemania . I. Born, Patricia . II. Title.