A Legislator’s Inability to Legislate Different Species: A Swedish Case Study Concerning Mutual Insurance Companies

Andersson, Jan

doi:10.1007/978-3-319-95486-8_15

Jan Andersson³

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Abstract

This chapter aims to contribute by focusing on legislation for the Swedish insurance industry in general and mutual insurance companies in particular. The Swedish legislation concerning insurance companies is twofold. The purpose of the case study is to investigate whether and, if so, to what extent the legislation differs as regards the regulation of different insurance companies and to what extent this regulatory discrepancy creates unwanted transaction costs and a divided level playing field for mutual insurance companies. Furthermore, this chapter aims to offer a short note on the idea of whether an alternative legislative scenario including a “separate law regime” and/or a “choice of law regime” could possibly benefit mutual insurance companies.

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Notes

1.
Larsson, M., and Lönnborg, M., Ömsesidig försäkringsverksamhet i den svenska modellen, NFT 1/2007, p. 86.
2.
SOU 2006:55, p. 158.
3.
Dir. 2003:125.
4.
SOU 2006:55, p. 160.
5.
SOU 2006:55, Summary in English, p. 5.
6.
SOU 2006:55, Summary in English, p. 5.
7.
SOU 2006:55, p. 167.
8.
SOU 2006:55, p. 170 and p. 194.
9.
Larsson, M., and Lönnborg, M., Ömsesidig försäkringsverksamhet i den svenska modellen, NFT 1/2007, p. 96.
10.
Prop. 2009/10:246, p. 280.
11.
Prop. 2009/10:246, pp. 280–281.
12.
See https://svenskkooperation.se/om-omsesidiga-foretag/; downloaded 2018-01-02.
13.
Prop. 2009/10:246, p. 282.
14.
Prop. 2009/10:246, pp. 283–284.
15.
Prop. 2009/10:246, p. 285.
16.
See, for example, Gordon, Jeffrey N., 89 Colum. L. Rev [1989] 1549 at 1549.
17.
Ibid.
18.
Gordon, Jeffrey N., The Mandatory Structure of Corporate Law, 89 Colum. L. Rev [1989] 1549 at 1550.
19.
Gordon, Jeffrey N., The Mandatory Structure of Corporate Law, 89 Colum. L. Rev [1989] 1549 at 1550–1551.
20.
Gordon, Jeffrey N., The Mandatory Structure of Corporate Law, 89 Colum. L. Rev [1989] 1549 at 1551.
21.
Gordon, Jeffrey N., The Mandatory Structure of Corporate Law, 89 Colum. L. Rev [1989] 1549 at 1551.
22.
Gordon, Jeffrey N., The Mandatory Structure of Corporate Law, 89 Colum. L. Rev [1989] 1549 at 1551.
23.
See Andersson J., in Produkt, utbud och efterfrågan—ett tema och en policy för bolagsrättslig lagstiftningsteknik, in Vänbok till Ingrid Arnesdotter—Uppsatser i affärsrättsliga frågor och om utbildning i affärsrätt, 2012, and in ABL—Monsters Inc.?, Juridisk Publikation 01/2012.
24.
Finland 2006 and Denmark 2009.
25.
For clear examples, see forthcoming article by Andersson, J., and Almlöf, H., Related Party Transactions and the Swedish Investor Protection—More to it Than Meet the Eye.

References

Swedish Government

Regeringsdirektiv 2003:125.
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SOU 2006:55, Ny associationsrätt för försäkringsföretag.
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Proposition 2009/10:246 En ny försäkringsrörelselag.
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Articles

Andersson, J., in Produkt, utbud och efterfrågan – ett tema och en policy för bolagsrättslig lagstiftningsteknik, in Vänbok till Ingrid Arnesdotter – Uppsatser i affärsrättsliga frågor och om utbildning i affärsrätt, 2012 and in ABL – Monsters Inc.? Juridisk Publikation 01/2012.
Google Scholar
Andersson, J., and H. Almlöf. n.d. Related Party Transactions and the Swedish Investor Protection – More to it Than Meet the Eye (forthcoming article).
Google Scholar
Gordon, Jeffrey N. The Mandatory Structure of Corporate Law, 89 Colum. L. Rev [1989] 1549.
Article Google Scholar
Larsson, M., and M. Lönnborg. Ömsesidig försäkringsverksamhet i den svenska modellen, NFT 1/2007. p. 86.
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Web Material

https://svenskkooperation.se/om-omsesidiga-foretag/; downloaded 2018-01-02.

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Faculty of Law, Stockholm University, Stockholm, Sweden
Jan Andersson

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Jan Andersson
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Correspondence to Jan Andersson .

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Score, Stockholm University, Stockholm, Sweden
Susanna Alexius & Staffan Furusten &
Stockholm School of Economics, Stockholm, Sweden
Susanna Alexius & Staffan Furusten &

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Andersson, J. (2019). A Legislator’s Inability to Legislate Different Species: A Swedish Case Study Concerning Mutual Insurance Companies. In: Alexius, S., Furusten, S. (eds) Managing Hybrid Organizations. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-95486-8_15

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DOI: https://doi.org/10.1007/978-3-319-95486-8_15
Published: 05 December 2018
Publisher Name: Palgrave Macmillan, Cham
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