IDEAS home Printed from https://ideas.repec.org/a/sae/loceco/v32y2017i3p156-163.html
   My bibliography  Save this article

Will Brexit affect the insurance industry? An Irish study

Author

Listed:
  • Richard Brophy

Abstract

Brexit has thrown up a lot of uncertainties for many industries and sectors. Within financial services and more specifically insurance, many UK-based insurers are considering their options post-Brexit. This viewpoint reviews the positions taken along with examining the effect of Brexit on the UK’s nearest neighbour and where it shares a land border, the Republic of Ireland. Using data from regulators and industry bodies, this review looks at the effect of Brexit upon the UK insurance sector operating in the EU and also reviews the effect of Brexit on the Irish insurance industry.

Suggested Citation

  • Richard Brophy, 2017. "Will Brexit affect the insurance industry? An Irish study," Local Economy, London South Bank University, vol. 32(3), pages 156-163, May.
    • Handle: RePEc:sae:loceco:v:32:y:2017:i:3:p:156-163
    DOI: 10.1177/0269094217706307
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0269094217706307
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0269094217706307?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Richard Brophy, 2013. "Bancassurance: an insurance concept from a Irish perspective," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 21(4), pages 319-333, November.
    2. Oliver Westall, 1997. "Invisible, Visible and 'Direct' Hands: An Institutional Interpretation of Organisational Structure and Change in British General Insurance," Business History, Taylor & Francis Journals, vol. 39(4), pages 44-66.
    3. Nauro F. Campos & Fabrizio Coricelli, 2017. "The Economics of UK-EU Relations. From the Treaty of Rome to the Vote for Brexit," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02923009, HAL.
    4. Ricardo A. Halperin, 2017. "The Influence of Uncertainty in a Changing Financial Environment," Springer Books, Springer, number 978-3-319-48778-6, July.
    5. Richard Brophy, 2012. "Development of insurance regulation in Ireland," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 20(3), pages 248-263, July.
    6. Fenn, Paul & Vencappa, Dev & Diacon, Stephen & Klumpes, Paul & O'Brien, Chris, 2008. "Market structure and the efficiency of European insurance companies: A stochastic frontier analysis," Journal of Banking & Finance, Elsevier, vol. 32(1), pages 86-100, January.
    7. Richard Brophy, 2014. "Financial services education," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 22(2), pages 78-95, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Richard Brophy, 2015. "A collection of insurance brands: The story of RSA in Ireland," Cogent Business & Management, Taylor & Francis Journals, vol. 2(1), pages 1067567-106, December.
    2. Fumitoshi Mizutani & Eri Nakamura, 2017. "How do governance factors affect inefficiency? Stochastic frontier analysis of public utility firms in Japan," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 44(3), pages 267-289, September.
    3. Shoaib Alam Siddiqui & Ali Shaddady, 2023. "How Profit Efficient is Indian Life Insurance Industry: A DEA Study," SAGE Open, , vol. 13(4), pages 21582440231, December.
    4. Kwaku Ohene-Asare & Jones Kofi Anyimadu Asare & Charles Turkson, 2019. "Dynamic cost productivity and economies of scale of Ghanaian insurers," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 44(1), pages 148-177, January.
    5. Ryu, Doojin & Yu, Jinyoung, 2020. "Hybrid bond issuances by insurance firms," Emerging Markets Review, Elsevier, vol. 45(C).
    6. Jacob A. Bikker, 2017. "Performance of the life insurance industry under pressure: efficiency, competition and consolidation," Chapters, in: Jacob A. Bikker & Laura Spierdijk (ed.), Handbook of Competition in Banking and Finance, chapter 9, pages 152-182, Edward Elgar Publishing.
    7. Emmanuel Mamatzakis & Christos Staikouras & Christos Triantopoulos & Zhi Cheng Wang, 2024. "Measuring the efficiency and productivity of U.K. insurance market," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 1097-1114, January.
    8. Nauro Campos & Corrado Macchiarelli, 2020. "Brexit and the Euro," LEQS – LSE 'Europe in Question' Discussion Paper Series 154, European Institute, LSE.
    9. Shirley J. Ho & Hsiu-Hao Hsu, 2021. "The effect of microinsurance on the insurance market: evidence from Taiwan," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 46(1), pages 130-145, January.
    10. Adnan Kasman & Evrim Turgutlu, 2011. "Performance of European insurance firms in the single insurance market," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(3), pages 363-378.
    11. Matabaro Borauzima, Luc & Muller, Aline, 2023. "Bank risk-taking and competition in developing banking markets: Does efficiency level matter? Evidence from Africa," Emerging Markets Review, Elsevier, vol. 55(C).
    12. Ilyes Abidi & Mariem Nsaibi & Boutheina Regaieg, 2020. "Challenges of Islamic Insurance," International Journal of Economics and Financial Issues, Econjournals, vol. 10(4), pages 69-79.
    13. Kazimierz Ortynski, 2021. "Market Power of Non-Life Insurers in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 4), pages 248-259.
    14. Cecilia Dassatti & Rodrigo Lluberas, 2020. "The costs of annuitising: are retirees fairly charged?," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 45(3), pages 535-557, July.
    15. Kuan-Chen Chen & Chung-I Lin, 2020. "Studies on the Determinants of Efficiency in Taiwanese Life Insurance Industry - Application of Bootstrapped Truncated Model," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 10(1), pages 1-4.
    16. Leverty, J. Tyler & Grace, Martin F., 2010. "The robustness of output measures in property-liability insurance efficiency studies," Journal of Banking & Finance, Elsevier, vol. 34(7), pages 1510-1524, July.
    17. Sebsatiaan Lambalk & Frank Jan de Graaf, 2017. "Explaining the relationship between firm performance and corporate governance of Dutch non-life insurance companies: Dutch mutual and commercial companies compared," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 7(2), pages 197-231, April.
    18. Kramarić Tomislava Pavić & Miletić Marko, 2019. "The Boone Indicator as Determinant of Croatian Insurance Market Soundness," South East European Journal of Economics and Business, Sciendo, vol. 14(2), pages 1-12, December.
    19. Shirley J. Ho & Hsiu-Hao Hsu, 0. "The effect of microinsurance on the insurance market: evidence from Taiwan," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 0, pages 1-16.
    20. J. Cummins & Georges Dionne & Robert Gagné & A. Nouira, 2009. "Efficiency of insurance firms with endogenous risk management and financial intermediation activities," Journal of Productivity Analysis, Springer, vol. 32(2), pages 145-159, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:loceco:v:32:y:2017:i:3:p:156-163. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.lsbu.ac.uk/index.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.