|
Ungern-Sternberg, Thomas von
Department of Economics, University of Lausanne
Print publication date: 2004 (this edition)
Published to Oxford Scholarship Online: April 2004 Print ISBN-13: 978-0-19-926881-8 doi:10.1093/0199268819.003.0005 |
|
|
Compares the premium rate of the state property insurance monopolies in large parts of Switzerland with those of the private insurance companies active in the rest of the country. The state monopolies have a 40% lower premium rate, operate with substantially lower administrative costs, spend considerably more on prevention, and have lower claims rates. Integrating prevention and insurance seems to be a particularly efficient solution.
Keywords: premium rate, prevention, state monopoly, Switzerland,
doi:10.1093/0199268819.003.0005
|
|