We analyse Strategic Groups in the German insurance market. We use cluster analysis to subdivide Insurance Groups into Strategic Groups. Furthermore, we analyse whether Strategic Group affiliation can affect the performance of the Insurance Groups' property-liability subsidiaries. In addition,...

Purpose This paper aims to examine the effect of concentration in the insurance sector on insurer stability for a large set of developed and developing countries. In particular, the authors test whether concentration reduces financial fragility in the insurance sector (“concentration-stability...