Title: The Development of the Mutuality Principle in the Insurance Business: An International Comparison (32) (Wirtschaftswissenschaften)
Publisher: LIT Verlag
Publication Date: 2018
Language: English
ISBN 10: 364390973X
ISBN 13: 9783643909732
Binding: Soft cover
Condition: New

About this title

Synopsis

The mutual insurance society as a form of enterprise has faced worldwide structural changes during the last couple of decades. Nevertheless, both organisational forms on the insurance market, mutual insurance societies and insurance joint stock companies, still coexist. The present publication examines and evaluates the development of the mutuality principle in the insurance business in an international context. The results of the various country studies suggest a gradual weakening and reinterpretation of the mutuality principle over time.

About the Author

Johann Brazda is Professor for Economics at the University of Vienna, Austria.

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