1 søkeresultater funnet, viser 1 - 1
2 / 1994 |
Forsikringshistorie, Annen skadeforsikring, Forbrukerspørsmål, Markedsføring og konkurranse, Tilsyn |
Alexander Boksjö, Mikael Lönnborg-Andersson
The present structure of the Swedish
insurance industry is the result
of a long historical process,
in which relational contracting
between companies is of crucial
importance. The policies adopted
by the firms towards each
other — their market conduct —
were early characterised by a
mix of collaboration and competition.
On balance, this resulted
in a market development, which
in many ways is unique compared
with other financial markets.
The mutual interdependence of an oligopolistic market often results in
agreements, which aim to cope with structural uncertainty; this is evident in the
insurance business. Formal contracting was widespread, and many cartel agreements
were signed, of differing spans and covering diverse areas of activity.
Knowledge of insurance cartels is very incomplete. We neither know the persistence
nor the frequency of cartel agreements. Another area where our knowledge
is very random is with regard to which insurance branches the cartels have been
founded and how this changed over time. Thus the purpose of this paper is to
describe and analyse cartels of the Swedish insurance industry 1947—1980.