Mutual versus Stock Insurers: A Synthesis of the Theoretical and Empirical Research

The coexistence of mutual and stock organizational form in insurance has been the topic of extensive study. This article provides a review of theoretical and empirical literature from three perspectives: agency problems in each form, efficiency, and the causes of conversion between the two forms. Issues in the existing literature and unanswered questions are also identified.

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Year of publication:	2011
Authors:	MacMinn, Richard ; Ren, Yayuan
Published in:	Journal of Insurance Issues. - Western Risk and Insurance Association. - Vol. 34.2011, 2, p. 101-111
Publisher:	Western Risk and Insurance Association

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010541993