Europe Economics was contracted by DG COMP of the European Commission to report on “Different forms of cooperation between insurance companies and their respective impact on competition”. This study compares different forms of cooperative insurance structures, not limited to pools, setting out the advantages and disadvantages of each type of cooperative structures for both insurers and clients. This research also analyses the different competitive dynamics associated with each form of insurance cooperation scheme. The research moreover identifies potentially non-essential features, from the perspective of maximising the efficiency of these schemes. CMS-Hasche Sigle provided legal input to the study, and Prof Dr Martin Eling provided expert insurance and economic input. This work was conducted in the context of DG COMP’s review of the IBER, with further context available here
Ross Dawkins led this work for Europe Economics.