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The Regulation of Insurance

In: The British Insurance Industry Since 1900

Author

Listed:
  • Robert L. Carter

    (University of Nottingham)

  • Peter Falush

Abstract

The regulatory and legislative activity described in this chapter is characterised for most of the twentieth century by the policy of minimum intervention to encourage innovation, healthy competition, and the minimisation of the cost of the regulatory burden. It is what used to be called ‘freedom with publicity’. However, in the closing decades of the century there was some departure from that guiding principle towards more regulation to underpin consumer protection.

Suggested Citation

  • Robert L. Carter & Peter Falush, 2009. "The Regulation of Insurance," Palgrave Macmillan Studies in Banking and Financial Institutions, in: The British Insurance Industry Since 1900, chapter 15, pages 191-201, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-23952-4_15
    DOI: 10.1057/9780230239524_15
    as

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