IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-10439-0_12.html
   My bibliography  Save this book chapter

Obstacles to International Trade in Insurance

In: The Future of Financial Systems and Services

Author

Listed:
  • Robert Carter

Abstract

Insurance provides a means whereby a person or organisation exposed to possible financial losses arising from the occurrence of uncertain events may, in return for the payment of a premium, transfer that risk to an insurer. It satisfies a demand for financial security, and life insurance is also an important form of long-term personal saving. All private insurances operate by: 1. spreading the risk of loss over time, and between persons and organisations,1 and, unlike social security schemes 2. pooling the premiums collected from policyholders to create a fund from which claims can be paid at a later date.

Suggested Citation

  • Robert Carter, 1990. "Obstacles to International Trade in Insurance," Palgrave Macmillan Books, in: Edward P. M. Gardener (ed.), The Future of Financial Systems and Services, chapter 12, pages 205-221, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10439-0_12
    DOI: 10.1007/978-1-349-10439-0_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-1-349-10439-0_12. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.