A comprehensive chronicle of thetransformation of the intensely competitive British insurance industry in response to evolving economic, social, technological and political conditions. It analyzes the fast-changing shape of the distribution system, the role of the state and the shifting boundaries of insurability and risk transfer.
'This book is a magisterial compendium of historical information. As the British economy enters the most dramatic period of change since the Industrial Revolution, it is valuable to have a reference point as to how things were in the recent past. The whole scene is set out here: life and general insurance, reinsurance and the changing pattern of legislation and regulation. No-one is better qualified than these writers to bring all this material together and this book again confirms their standing as absolute leaders in their field.' - Dr David E Bland OBE, former director general of the Chartered Insurance Institute and Chairman of Viapost Ltd, UK