Title: International dynamics in the service industries - the example of the Belgian insurance market
Authors: Veugelers, Reinhilde # ×
Issue Date: 1992
Series Title: Management International Review vol:32 issue:4 pages:363-380
Abstract: Compared to other European countries, Belgium, together with the Netherlands and Sweden, is one of the highest insurance intensive countires in terms of number of companies relative to its population. However, in terms of premium income per inhabitant, Belgium scores relatively low. Whereas the direct foreign establishments of Belgian insurance companies are very limited, the importance of subsidiaries of foreign based multinational insurance companies in Belgium cannot be ignored and their numbers are growing. Affiliates from multinational networks are important and distinct actors in the entry and exit movements observed in the Belgian market. Scope advantages of MNE affiliates in the insurance market related to i.a. confidence, reputation for financial soundness, and brand name recognition, are important. The increase in these scope advantages tends to diminish only slightly when the international network of the parent company expands
ISSN: 0938-8249
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

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