Get 40% off International Relations & Political Science print & eBooks! Shop the selection >>

Palgrave Studies in the History of Finance

Marine Insurance

Origins and Institutions, 1300-1850

Editors: Leonard, Adrian (Ed.)

Free Preview

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-1-137-41138-9
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.99
price for USA
  • ISBN 978-1-137-41137-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Since its invention in Italy in the fourteenth century, marine insurance has provided merchants with capital protection in times of crisis, thus oiling the gears of trade and commerce. With a focus on customs, laws, and organisational structures, this book reveals the Italian origins of marine insurance, and tracks the spread of underwriting practices and institutions in Europe and America through the early modern era. With contributions from eleven leading researchers from seven countries, the book examines key institutional developments in the history of marine insurance. The authors discuss its invention in Italy, and its evolution from private to corporate structures, assessing the causes and impacts of various state interventions. Amsterdam and Antwerp are analysed as one-time key centres of underwriting, as is the emergence and maturity of marine insurance in London. The book evaluates an experiment in corporate underwriting in Cadiz, and the development of insurance institutions in the United States, before applying the metrics of underwriting to discuss commerce raiding in the Atlantic up to the nineteenth century.

About the authors

A.B. Leonard is Associate Director of the Centre for Financial History, University of Cambridge. He has written widely on topics related to marine insurance and the Atlantic World. He is co-editor of The Caribbean and the Atlantic World Economy (2015), The Atlantic World 1400-1850 (2014) and Questioning Credible Commitment (2013).

Reviews

“This is a ‘must read’ for all those who, one way or another, have ‘stumbled’ in the revival of insurance studies which took place after the 2008 crisis. The unifying idea of the book is to assess the impact of institutions, legal norms, and informal customs on marine insurance from the late Middle Ages to the early nineteenth centuries.” (Giovanni Ceccarelli, The International Journal of Maritime History, Vol. 28 (4), 2016)


Table of contents (12 chapters)

Table of contents (12 chapters)

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-1-137-41138-9
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.99
price for USA
  • ISBN 978-1-137-41137-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Bibliographic Information

Bibliographic Information
Book Title
Marine Insurance
Book Subtitle
Origins and Institutions, 1300-1850
Editors
  • Adrian Leonard
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
978-1-137-41138-9
DOI
10.1057/9781137411389
Hardcover ISBN
978-1-137-41137-2
Edition Number
1
Number of Pages
XIII, 324
Topics