The Effect of regulation on insurance pricing : the case of Germany

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<title>Effect of regulation on insurance pricing</title>
<subTitle>: the case of Germany</subTitle>
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<namePart>Born, Patricia</namePart>
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<dateIssued encoding="marc">2012</dateIssued>
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<abstract displayLabel="Summary">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</abstract>
<note type="statement of responsibility">Thomas R. Berry-Stölzle, Patricia Born</note>
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<topic>Property</topic>
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<topic>Liability</topic>
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<topic>Regulación económica</topic>
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<topic>Precios</topic>
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<topic>Mercado de seguros</topic>
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<geographic>Alemania</geographic>
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<title>The Journal of risk and insurance</title>
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<publisher>Nueva York : The American Risk and Insurance Association, 1964-</publisher>
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<identifier type="issn">0022-4367</identifier>
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<text>01/03/2012 Tomo 79 Número 1 - 2012 , p. 129-164</text>
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