Marine Insurance: Origins and Institutions, 1300–1850 by Adrian Leonard

By Adrian Leonard

Due to the fact that its invention in Italy within the fourteenth century, marine coverage has supplied retailers with capital safeguard in occasions of challenge, therefore oiling the gears of alternate and trade. With a spotlight on customs, legislation, and organisational constructions, this e-book unearths the Italian origins of marine coverage, and tracks the unfold of underwriting practices and associations in Europe and the United States during the early sleek period. With contributions from 11 top researchers from seven international locations, the ebook examines key institutional advancements within the background of marine assurance. The authors speak about its invention in Italy, and its evolution from deepest to company constructions, assessing the factors and affects of varied country interventions. Amsterdam and Antwerp are analysed as one-time key centres of underwriting, as is the emergence and adulthood of marine assurance in London. The ebook evaluates an scan in company underwriting in Cadiz, and the improvement of assurance associations within the usa, prior to utilizing the metrics of underwriting to debate trade raiding within the Atlantic as much as the 19th century.

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And Edwards, J: ‘Contract enforcement, institutions, and social capital: the Maghribi traders reappraised’, Economic History Review, vol. 65, no. 2, (2012), pp. 421–44, and Greif’s reply. 23. Greif, Interrelations and economic implications, pp. : ‘Elizabethan marine insurance: the judicial undergrowth’, Business History, vol. 2, no. 2 (1970), p. 55. 24. A heavily edited selection of Claypoole’s letters has been published. ): James Claypoole’s letter book, London and Philadelphia, 1681–1684, San Marino, CA: Huntington Library, 1967; Harris, Tim: Politics under the later Stuarts: party conflict in a divided society, 1660–1715, London: Longman, 1993, p.

Abbattia introduces a theme which arises from this challenge, and which runs through the essays which follow: the clash of mutuality and speculation. ‘The market arose as an ideally closed framework, operating on a mutual basis, but which immediately suffered serious operational problems due to its rigidity 18 Marine Insurance in the face of economic trends, and the imperfection of its intended reciprocity’, he argues. Dave De ruysscher carries forward analysis of this key debate in time and location, into the market of Antwerp in the late fifteenth and early sixteenth centuries.

1945), p. 173; La Torre, Antonio: L’assicurazione nella storia delle idee, Rome: Istituto Nazionale delle Assicurazioni, 1995, pp. 122–3. 3. Dini, Bruno: Introduzione, in Federigo, Melis: Origini e sviluppi delle assicurazioni in Italia (secoli XIV–XVI), vol. I, Le fonti; Rome: Istituto Nazionale delle Assicurazioni, 1975, pp. xviii–xix; Piergiovanni, Vito: Presentazione, in Giacchero Giulio: Storia delle assicurazioni maritime: L’esperienza genovese dal Medioevo all’età contemporanea, Genoa: Sagep, 1984, p.

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