Maritime Risk Management : Essays on the History of Marine Insurance, General Average and Sea Loan.
Insurance is a legal, an actuarial and a financial product, and it is one out of many risk management strategies. It follows that its history can only be studied in the broader context of the development of such strategies, applying an interdisciplinary approach. The theme of the present volume is m...
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| Format: | eBook |
| Language: | English |
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Berlin :
Duncker & Humblot,
2021.
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| Edition: | 1st ed. |
| Series: | Comparative Studies in the History of Insurance Law - Studien Zur Vergleichenden Geschichte des Versicherungsrechts Series
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| Subjects: | |
| Online Access: | Click to View |
Table of Contents:
- Intro
- Preface
- Summary of Contents
- Maritime Risk Management: Marine Insurance, General Average, Sea Loan
- A. Introduction
- I. Insurance as a legal product
- II. Insurance as an actuarial product
- III. Insurance as a financial product
- IV. Insurance as a risk management strategy
- V. An interdisciplinary approach to studying insurance
- B. Histories of insurance
- C. The objective and structure of the present volume
- Insurance and Wealth: The Historical Trajectory of Changing Markets and Strategies in Insurance
- A. Introduction
- B. Identifying risk in society
- C. Expanding risk and insurance development
- D. Shifting demand for long-term insurance -the new wealth instruments
- E. Complex future of risk
- The Insurance Function of Roman Maritime Loan
- A. Back to the roots
- B. Legal nature of maritime loan
- C. Insurance elements
- I. Contracting parties
- II. Insured object
- III. Risk
- IV. Premium
- V. Coverage period
- VI. Compensation
- D. Conclusion
- Maritime Risk Management Instruments in Medieval Castile (Thirteenth to Sixteenth Centuries)
- A. Risk, damage and contribution in maritime transport
- B. Maritime trade and royal safeguards
- C. The development of insurance practice in medieval Castile
- I. Bottomry
- II. Premium insurance
- D. Maritime insurance in the consulate ordinances
- I. The model policy of Burgos
- II. The Ordinances of Bilbao
- III. The Ordinances of Burgos
- IV. The Ordinances of Bruges
- E. Conclusion
- Managing Shipping Risk: General Average and Marine Insurance in Early Modern Genoa
- A. Insurance and general average in Genoa's regulations: two parallel approaches to shipping risk management
- B. The need for consistent regulations and the 1589 Civil Statutes
- C. Routes and navigation risks: the general average claim reports.
- D. Routes and navigation hazards: policies of Sigortá Marittima
- E. Conclusion
- General Average in Scotland during the Sixteenth Century
- A. Scotting and lotting in the practice of maritime communities
- B. Marrying practice with theory in books composed by lawyers
- C. Reconfiguring maritime practice in the courts of the admiral
- The Ordonnance sur la marine on General Average. Comparative Methods, Legal Transplants, and a European droit commun
- A. Introduction
- B. The Ordonnance sur la marine of 1681 on general average
- I. Distinguishing avaries, avaries simples et particulières, avaries grosses et communes, and menues avaries
- II. Avaries simples et particulières and avaries grosses et communes: similarities and differences
- III. Details on the procedure of contribution under avaries grosses et communes
- C. Comparative methods, legal transplants, anda European droit commun
- I. The Ordonnace sur la marine of 1681 andthe European droit commun on maritime law
- II. A comparative interpretation
- III. Adaptations and innovations
- IV. From droit commun to a nationalized maritime law
- D. Conclusion
- War, Risks, and Speculation: The Accounts of a Small Livorno Insurer (1743-1748)
- A. The firm
- B. Facing the insurance market
- C. The dangers of an open market
- D. Navigating without a compass
- E. Boasi's insurance accounts
- F. The interest or not interest clause and the Bubble of 1747
- G. Conclusion: from individuals to companies
- The Transformation of the Marine Insurance Market in the Seventeenth and Eighteenth Centuries in Spain
- A. From individual insurers to a system of specialised insurance companies in the seventeenth century
- B. The predominance of insurance companies in Spanish trading ports in the eighteenth century
- C. Conclusions.
- Commercial Networks, Maritime Law, and Translation in a Spanish Insurance Claim on Trial in France, 1783-1791
- A. Commercial choices in a multicentric Atlantic world
- I. Surviving monopoly: the Basque presence on the Venezuelan coast
- II. A Cádiz-Marseille financial axis
- III. Underwriting Atlantic risks from the Mediterranean
- B. Contract enforcement in a foreign legal foru
- I. Facts and factums
- II. Starting the pursuit in two ports
- III. Rules of engagement in the Admiralty's eighteenth-century courtroom
- IV. Timing, evidence, depreciation
- V. Absurd geographies
- VI. Expectations halfway met
- C. Conclusions
- Governance of General Average in the Netherlands in the Nineteenth Century: A Backward Development?
- A. Introduction
- B. The background and mechanisms of general average in the Low Countries
- C. General average adjustment in Amsterdam in the seventeenth and eighteenth centuries
- D. The governance of general average in the nineteenth century
- E. Conclusion
- Unions and Networks in Nineteenth-Century Antwerp Marine Insurance Industry
- A. Introduction
- B. Antwerp as a center of commerce in the nineteenth century
- I. The Antwerp marine insurance policy of 1824
- II. Presentation of the Antwerp marine insurance corporations
- C. Marine insurance cooperation structures
- I. The marine insurance companies established by Auguste Morel: Bureau Veritas, Bureau Central, 1° Cie and 2° Cie
- II. Marine insurance corporations form unions
- 1. Première Réunion
- 2. From one to five unions
- D. Profile of the managers of the marine insurance corporations
- E. Connections between marine insurance corporations
- F. Conclusion
- List of Contributors
- Index.