The development of the Maltese insurance industry : a comprehensive study / Mark Laurence Zammit, Jonathan Spiteri, and Simon Grima (Faculty of Economics, Management and Accountancy, Insurance Department, University of Malta, Malta).

Format:

Book

Author/Creator:

Zammit, Mark Laurence, author.

Spiteri, Jonathan, author.

Grima, Simon, author.

Language:

English

Subjects (All):

Insurance--Malta.

Insurance.

Physical Description:

1 online resource (184 pages)

Edition:

First edition.

Place of Publication:

Bingley : Emerald Publishing Limited, [2018]

Summary:

Malta is the only country in the European Union, and one of only six countries in the world, that has not had a banking crisis since the 1970s. Despite its lack of raw materials, Malta currently has one of the lowest rates of unemployment and inflation in the EU, as well as a positive GDP. Yet there are only a few studies on the development of the industry that contributes most to its economy, the financial services industry. Drawing upon empirical findings, archival research, and interviews, Zammit, Spiteri, and Grima fill a major gap in the literature by delivering a study of the development of the Maltese insurance industry. The authors collect literature and insights from prominent figureheads in order to outline the history of this major sector of the Maltese economy, tracing its roots back to the earliest inhabitants of the island, through to the expansion of its maritime trade, and working right up to the present with the emergence of more complex and sophisticated insurance services and products. The success of Malta's specific risk-management practices, generally characterized by risk-avoidance and prudence, is shown to have implications beyond Maltese financial policy and regulatory development: it offers concrete guidance from a small-scale "laboratory" for the complex policy and development decisions of larger nations. This study is of interest to students and academics of insurance, risk management, and financial services, and it offers food for thought and guidance to practitioners and policy makers.

Contents:

Intro

The Development of the Maltese Insurance Industry

Acknowledgements

Contents

List of Tables

List of Figures

Abbreviations

Author Biographies

Preface

Chapter 1: Introduction and Roadmap of the Study

Chapter 2: Literature Review

Chapter 3: Research Findings and Discussion

Chapter 4: Conclusion

Appendix 1: Interview Information Letter and Sample Questions

Appendix 2: Notarial Index - Notarial Archives Valletta

Appendix 3: Notarial Meanings

Appendix 4: Copies of Insurance Contracts

References

Sources

Index.

Notes:

Includes index.

Includes bibliographical references.

Print version record

ISBN:

9781787569799

1787569799

9781787569775

1787569772