We test two competing arguments regarding the influence of organisational form on underwriting performance using data from the Swedish fire insurance industry for the years 1889 to 1939 -- a period of both economic growth and stagnation. Since mutuality is a response to information asymmetry...

In this paper we provide an overview of the historical development of the insurance market in Sweden from the eighteenth century up to modern times. We consider theoretical perspectives drawn from the economics and political regulation literature that might help to explain important...