Escaping from the State? Historical Paths to Public and Private Insurance

Pearson, Robin

Abstract

The history of insurance has been characterized in most countries by the coexistence of a wide range of organizational forms. The reasons for this plethora of vehicles remain unclear, as does the impact of this diversity on the development of insurance around the world. Drawing on the latest research, this paper examines, first, the different functions of the state in relation to insurance in a wide range of national markets from the early modern period to the present century; second, the path-dependent effects that determined the historical distribution of public and private forms of insurance; and third, the relation between public and private insurance and its impact on market development.

Citation

Pearson, R. (2021). Escaping from the State? Historical Paths to Public and Private Insurance. Enterprise & society, 22(4), 1037-1066. https://doi.org/10.1017/eso.2020.26

• Journal Article Type: Article
• Acceptance Date: Jun 30, 2020
• Online Publication Date: Jul 27, 2020
• Publication Date: Dec 27, 2021
• Deposit Date: Aug 17, 2020
• Publicly Available Date: Aug 17, 2020
• Journal: Enterprise and Society
• Print ISSN: 1467-2227
• Electronic ISSN: 1467-2235
• Publisher: Oxford University Press
• Peer Reviewed: Peer Reviewed
• Volume: 22
• Issue: 4
• Pages: 1037-1066
• DOI: https://doi.org/10.1017/eso.2020.26
• Keywords: Insurance; Finance; Regulation; Path dependency
• Public URL: https://hull-repository.worktribe.com/output/3559053
• Publisher URL: https://www.cambridge.org/core/journals/enterprise-and-society/article/escaping-from-the-state-historical-paths-to-public-and-private-insurance/AD6E92D38D042FD7A9FD42EA77196B19