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International Business and Europe

In: The British Insurance Industry Since 1900

Author

Listed:
  • Robert L. Carter

    (University of Nottingham)

  • Peter Falush

Abstract

At the commencement of the twentieth century British insurers already had a major overseas presence, not only in the countries of the Empire, but in the US, Europe and also on other Continents. Most of this was in nonlife — fire, accident and marine — business with relatively few life operations. However, no statistical data exist covering this period, beyond some company information. In his history of the Royal Exchange Assurance, Supple quotes that by 1905 ‘the nine leading British companies which between them accounted for about two-thirds of all fire premiums, earned half their £15.6m premium income in the United States’ (Supple, p. 213).

Suggested Citation

  • Robert L. Carter & Peter Falush, 2009. "International Business and Europe," Palgrave Macmillan Studies in Banking and Financial Institutions, in: The British Insurance Industry Since 1900, chapter 11, pages 135-145, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-23952-4_11
    DOI: 10.1057/9780230239524_11
    as

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