Die Abschaffung der Monopole in der deutschen Gebäudeversicherung: Lehren für die Schweiz
Details
State: Public
Version: Final published version
License: Not specified
Serval ID
serval:BIB_13AC53F789B7
Type
Report: a report published by a school or other institution, usually numbered within a series.
Publication sub-type
Working paper: Working papers contain results presented by the author. Working papers aim to stimulate discussions between scientists with interested parties, they can also be the basis to publish articles in specialized journals
Collection
Publications
Institution
Title
Die Abschaffung der Monopole in der deutschen Gebäudeversicherung: Lehren für die Schweiz
Institution details
Université de Lausanne - HEC - DEEP
Issued date
03/2000
Language
german
Number of pages
26
Abstract
We study, what Switzerland can learn from the disappearance of the property insurance monopolies in Germany. We show that the German insurance monopolies did not fight hard enough to defend their interests.
a) Most of them knew that they would be bought up by another public insurance company. The monopoly was not for them a question of survival.
b) The German monopolies did not have their own interest group. They were defended by the Association of Public Insurers. This association has much wider interests to defend than just the monopolies in the property insurance market.
c) For the small customer the disappearance of the state monopolies was a painful event. Within five years their premium rates rose by about 50%, and the contributions paid by the insurance companies for fire prevention fell massively. It is well known, however, that consumers do not constitute a powerful pressure group.
a) Most of them knew that they would be bought up by another public insurance company. The monopoly was not for them a question of survival.
b) The German monopolies did not have their own interest group. They were defended by the Association of Public Insurers. This association has much wider interests to defend than just the monopolies in the property insurance market.
c) For the small customer the disappearance of the state monopolies was a painful event. Within five years their premium rates rose by about 50%, and the contributions paid by the insurance companies for fire prevention fell massively. It is well known, however, that consumers do not constitute a powerful pressure group.
Keywords
Property insurance, Germany, state monopoly, deregulation, premium rate
Publisher's website
Create date
25/08/2011 16:18
Last modification date
07/03/2025 8:15
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