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The Role of Foreign Reinsurance in the Setting of Insurance in Spain (1960–2000)

In: Role of Reinsurance in the World

Author

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  • Leonardo Caruana de las Cagigas

    (University of Granada)

Abstract

The reinsurance industry will be mainly in hands of foreign companies or explained in another way, they are the leaders in the process in Spain. In all moment they will sustain the risk of the insurance industry. This paper will concentrate in the second half of the twentieth century to explain how the international reinsurance companies diminish the risk and reinforce the insurance business in a useful way to make it possible that Spain joins the developed countries in this matter. In many ways, this is a general process in many countries, because reinsurance is mainly a business that is concentrated in few countries that expand in all the world, and in fact we should mainly refer to few companies that control or support the reinsurance development in the world and naturally main purpose, the insurance industry.

Suggested Citation

  • Leonardo Caruana de las Cagigas, 2021. "The Role of Foreign Reinsurance in the Setting of Insurance in Spain (1960–2000)," Palgrave Studies in Economic History, in: Leonardo Caruana de las Cagigas & André Straus (ed.), Role of Reinsurance in the World, chapter 0, pages 173-195, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-74002-3_8
    DOI: 10.1007/978-3-030-74002-3_8
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