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

Pearson, Robin



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.


Pearson, R. (2021). Escaping from the State? Historical Paths to Public and Private Insurance. Enterprise & society, 22(4), 1037-1066.

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 Oct 27, 2022
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
Keywords Insurance; Finance; Regulation; Path dependency
Public URL
Publisher URL


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