Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)

Reinsurance allows insurance companies to diversify their risks. However, from this original role, insurance companies have developed various reinsurance strategies in order to expand their market share. From the last decades of the nineteenth century to the 1940s, Spanish insurance companies used r...

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Authors: Gutiérrez González, Pablo, Pons Pons, Jerònia
Format: article
Status:Versión aceptada para publicación
Publication Date:2017
Country:España
Institution:Universidad de Sevilla (US)
Repository:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/155043
Online Access:https://hdl.handle.net/11441/155043
https://doi.org/10.1080/00076791.2016.1187136
Access Level:Open access
Keyword:Insurance
Reinsurance
Spain
Risk-management
Internationalisation
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spelling Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)Gutiérrez González, PabloPons Pons, JeròniaInsuranceReinsuranceSpainRisk-managementInternationalisationReinsurance allows insurance companies to diversify their risks. However, from this original role, insurance companies have developed various reinsurance strategies in order to expand their market share. From the last decades of the nineteenth century to the 1940s, Spanish insurance companies used reinsurance in a largely unregulated context. This article analyses the reinsurance practices and their adaptation to the singularities of the Spanish market, namely: the difficulties for the consolidation of a core of pure reinsurers; the management of reinsurance in the internationalisation process; and the use of reinsurance by mutual societies to overcome their lack of equity capital.Taylor & FrancisEconomía e Historia Económica2017info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfapplication/pdfhttps://hdl.handle.net/11441/155043https://doi.org/10.1080/00076791.2016.1187136reponame:idUS. Depósito de Investigación de la Universidad de Sevillainstname:Universidad de Sevilla (US)InglésBusiness History, 59 (2), 292-310.https://doi.org/10.1080/00076791.2016.1187136info:eu-repo/semantics/openAccessoai:idus.us.es:11441/1550432026-06-17T12:51:07Z
dc.title.none.fl_str_mv Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
title Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
spellingShingle Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
Gutiérrez González, Pablo
Insurance
Reinsurance
Spain
Risk-management
Internationalisation
title_short Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
title_full Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
title_fullStr Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
title_full_unstemmed Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
title_sort Risk management and reinsurance strategies in the Spanish insurance market (1880–1940)
dc.creator.none.fl_str_mv Gutiérrez González, Pablo
Pons Pons, Jerònia
author Gutiérrez González, Pablo
author_facet Gutiérrez González, Pablo
Pons Pons, Jerònia
author_role author
author2 Pons Pons, Jerònia
author2_role author
dc.contributor.none.fl_str_mv Economía e Historia Económica
dc.subject.none.fl_str_mv Insurance
Reinsurance
Spain
Risk-management
Internationalisation
topic Insurance
Reinsurance
Spain
Risk-management
Internationalisation
description Reinsurance allows insurance companies to diversify their risks. However, from this original role, insurance companies have developed various reinsurance strategies in order to expand their market share. From the last decades of the nineteenth century to the 1940s, Spanish insurance companies used reinsurance in a largely unregulated context. This article analyses the reinsurance practices and their adaptation to the singularities of the Spanish market, namely: the difficulties for the consolidation of a core of pure reinsurers; the management of reinsurance in the internationalisation process; and the use of reinsurance by mutual societies to overcome their lack of equity capital.
publishDate 2017
dc.date.none.fl_str_mv 2017
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/11441/155043
https://doi.org/10.1080/00076791.2016.1187136
url https://hdl.handle.net/11441/155043
https://doi.org/10.1080/00076791.2016.1187136
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Business History, 59 (2), 292-310.
https://doi.org/10.1080/00076791.2016.1187136
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Taylor & Francis
publisher.none.fl_str_mv Taylor & Francis
dc.source.none.fl_str_mv reponame:idUS. Depósito de Investigación de la Universidad de Sevilla
instname:Universidad de Sevilla (US)
instname_str Universidad de Sevilla (US)
reponame_str idUS. Depósito de Investigación de la Universidad de Sevilla
collection idUS. Depósito de Investigación de la Universidad de Sevilla
repository.name.fl_str_mv
repository.mail.fl_str_mv
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