World Insurance: The Evolution of a Global Risk Network

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9780199657964: World Insurance: The Evolution of a Global Risk Network
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For the first time, historians working across a range of subjects from finance and economic modernization to social welfare and even religion have access to a systematic account of how the insurance industry has transformed the risk environment faced by billions around the world and how that process has knit together the economies and fortunes of far flung societies and cultures ... Whether the post-2008 financial debacle will induce a return to a more stringent regulatory environment and a new generation of statist approaches to insurance is a question that must await a sequel to Borscheid and Haueters imposing and standard-setting World Insurance. ( EH.net)

From the Publisher:

Since the end of the eighteenth century, the insurance industry has cast a safety net around the world, first in the British Isles and then further afield, irrespective of cultural, political and ideological divides. Unlike previous publications on insurance history, which tend to discuss the development of national markets or individual companies, this book focuses on the creation of networks across borders from the end of the eighteenth century to the present day.

Distinguished international economic historians draw upon examples from twenty countries across the continents to demonstrate how what was called the 'British system' of risk management spread out in waves, and describes the forces that made this possible - first among them migration from Europe and international trade. The book explores the economic, political, religious, and cultural obstacles that blocked the path of this European invention - not only religious law and traditional practices, but above all protectionism, inflation, and political ideologies. It examines the process of transformation through which modern insurance supplanted traditional forms of protection against perils and risks and was able to keep on offering new ways of dealing with the risks of modern life. As well as discussing primary insurance, it also considers the role played by reinsurance, without which the losses arising out of today's natural and man-made disasters would be immeasurably greater. Finally, taking modern-day disaster scenarios as examples, the book shows just what the limits of insurability are and what risks worldwide networks entail.

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Borscheid, Peter (edt); Borscheid, Peter; Haueter, Niels Viggo (edt)
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Descripción Oxford University Press, 2012. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería 0199657963

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Borscheid, Peter (Editor)/ Haueter, Niels Viggo (Editor)
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Descripción Oxford Univ Pr, 2012. Hardcover. Estado de conservación: Brand New. 1st edition. 784 pages. 10.00x7.25x2.00 inches. In Stock. Nº de ref. de la librería zk0199657963

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Descripción Oxford University Press, 2012. Estado de conservación: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: This book is the first to trace comprehensively the history and development of the international insurance and re-insurance business around the world across Europe, North America, Sub-Saharan Africa, Middle East and Northern Africa, Far East and Pacific, and Latin America and the Caribbean. Nº de ref. de la librería ABE_book_new_0199657963

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