Maritime Risk Management : Essays on the History of Marine Insurance, General Average and Sea Loan.

Format:

Book

Author/Creator:

Rossi, Guido.

Contributor:

Hellwege, Phillip.

Series:

Comparative Studies in the History of Insurance Law - Studien zur vergleichenden Geschichte des Versicherungsrechts

Language:

English

Physical Description:

1 online resource (305 pages)

Edition:

1st ed.

Other Title:

Maritime Risk Management.

Place of Publication:

Berlin : Duncker & Humblot, 2021.

Language Note:

English

Summary:

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 maritime risk management, and the contributions to it analyse different such strategies by adopting a variety of methodological approaches, spanning from antiquity to the nineteenth century.

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

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

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

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

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?

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

Unions and Networks in Nineteenth-Century Antwerp Marine Insurance Industry

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.

Notes:

Description based on publisher supplied metadata and other sources.

OCLC:

1291713223