Abstract
The regulatory and legislative activity described in this chapter is characterised for most of the twentieth century by the policy of minimum intervention to encourage innovation, healthy competition, and the minimisation of the cost of the regulatory burden. It is what used to be called ‘freedom with publicity’. However, in the closing decades of the century there was some departure from that guiding principle towards more regulation to underpin consumer protection.
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© 2009 Robert L. Carter OBE and Peter Falush
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Carter, R.L., Falush, P. (2009). The Regulation of Insurance. In: The British Insurance Industry Since 1900. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230239524_15
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DOI: https://doi.org/10.1057/9780230239524_15
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30511-7
Online ISBN: 978-0-230-23952-4
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