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Palgrave Studies in the History of Finance

Mutual Insurance 1550-2015

From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers

Authors: Van Leeuwen, Marco H. D.

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eBook 85,59 €
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  • ISBN 978-1-137-53110-0
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Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-1-137-53109-4
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  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

In the modern Western world, we tend to be insured by the state or for-profit insurers. We have privileged this system over mutual or micro-insurance, whose long and rich history we tend to forget. Yet, mutual and micro-insurance is becoming increasingly important, both in the Western and in the non-Western world and bears re-examination.

This book traces the track record of mutual insurance from 1550 to the present, examining provisions for burial, sickness, unemployment, old age, and widowhood. The author seeks to address such topics as the type of risks micro-insurance covered between 1550 and 2015; how it was organized throughout its history; who provided the coverage; and how contributions, benefit levels, and conditions have changed.

Importantly, the author explores why this system has worked through, and endured, the test of time. Mutual insurance can, for instance, overcome classic insurance problems such as adverse selection and moral hazards. The author demonstrates that the study of the position micro-insurance historically assumed in mixed economies of welfare presents interesting lessons for today’s insurance market, as well as for today’s mutualism.

About the authors

Marco H.D. van Leeuwen is a professor of social science history at the University of Utrecht, The Netherlands. He specializes in the study of global social inequality from 1500 to the present. Professor van Leeuwen is an honorary research fellow at the International Institute of Social History. He has written widely on social inequality and mobility as well as on philanthropy, charity, mutual aid, private and social insurance, and the history of risks. His work has been published in such journals as the American Journal of Sociology, the American Sociological Review, the Journal of Interdisciplinary History, The Economic History Review, the Journal of Social HistoryContinuity and Change, and the European Sociological Review.

Table of contents (6 chapters)

Table of contents (6 chapters)

Buy this book

eBook 85,59 €
price for Spain (gross)
  • ISBN 978-1-137-53110-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-1-137-53109-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules

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Bibliographic Information

Bibliographic Information
Book Title
Mutual Insurance 1550-2015
Book Subtitle
From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers
Authors
Series Title
Palgrave Studies in the History of Finance
Copyright
2016
Publisher
Palgrave Macmillan UK
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-53110-0
DOI
10.1057/978-1-137-53110-0
Hardcover ISBN
978-1-137-53109-4
Series ISSN
2662-5164
Edition Number
1
Number of Pages
XIII, 321
Number of Illustrations
3 b/w illustrations
Topics