The Effect of regulation on insurance pricing : the case of Germany
Título: The Effect of regulation on insurance pricing : the case of Germany / Thomas R. Berry-Stölzle, Patricia Born
Autor: Berry-Stölzle, Thomas R.
Notas: 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
Autores secundarios: Born, Patricia
Otras clasificaciones: 219
Derechos: In Copyright (InC): http://rightsstatements.org/vocab/InC/1.0/