Article on the Icelandic insurance market

18.6.2007

"For the last 20 years there have been dramatic changes in the insurance market in Iceland.
The number of domestic insurance companies has decreased. Competition has increased. There have been many changes in the legislation which has increased consumer protection. Insurance mediation has established itself. The Icelandic insurance companies have been increasing their activities abroad as other Icelandic financial companies have done in recent years. The main reasons are to insure Icelandic interests abroad, limitations of expansion in Iceland and to diversify the risk". 

These are among the issues raised in an article on the Icelandic insurance market which is published in the latest edition of Nordisk Forsikringstidskrift (Nordic Insurance Magazine).

The article can be downloaded here.

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