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World Insurance: The Evolution of a Global Risk Network

Peter Borscheid and Niels Viggo Haueter (eds)

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.001.0001
Subject:
Business and Management, International Business, Business History

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 ... More


Japan: The Role of Insurance in The Rapid Modernization of Japan

Takau Yoneyama

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0021
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the Japanese insurance industry. Japan adopted an isolationist policy in 1639, which established national seclusion, disrupted trade, and reduced the opportunities ... More


Usa: The International Attraction of the us Insurance Market

Christopher Kobrak

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0012
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the US insurance industry. The US has been and still is for many foreign insurers and reinsurers their biggest single market, representing large flows of funds and ... More


China: The Indigenization of Insurance

David Faure and Elisabeth Köll

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0020
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the Chinese insurance industry. The idea that insurance might be paid for was foreign to China. The concept was introduced in the early nineteenth century by ... More


Far East and Pacific: Overview

Peter Borscheid

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0018
Subject:
Business and Management, International Business, Business History

This chapter discusses the development of the insurance industry in the Far East and Pacific. In its nineteenth-century global territorial conquests, the European insurance industry encountered many ... More


Russia: Early Expansion, State Involvement, and Re-Emergence of the Insurance Industry

Yury A. Petrov

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0009
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the Russian insurance industry. The pioneers of insurance in Russia were the Dutch, who during the reign of Peter the Great (1682–1725) became the major agents of ... More


India: From a Colonial Outpost to a Leading Market

G. Balachandran

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0019
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the Indian insurance industry. India is considered to be one of the pioneers for the introduction of ‘market insurance’ in Asia. Already in the 1790s British ... More


Canada: Taking Life Insurance Abroad

James Darroch and Matthias Kipping

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0011
Subject:
Business and Management, International Business, Business History

This chapter traces the history of Canadian insurance since its origins in the seventeenth century, focusing in particular on the time period after Confederation in 1867, when several British ... More


Middle East and Northern Africa: Overview

Peter Borscheid

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0015
Subject:
Business and Management, International Business, Business History

This chapter discusses the development of the insurance industry in the Middle East and Northern Africa. European insurers stayed away from the region until the middle of the nineteenth century, ... More


United Arab Emirates: Economic Boom and Insurance

Frauke Heard-Bey

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0017
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the insurance industry in the United Arab Emirates. The oil-exporting countries of the Gulf all have a very brief history of exposure to the concept of modern ... More


United Kingdom: Pioneering Insurance Internationally

Robin Pearson

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0003
Subject:
Business and Management, International Business, Business History

This chapter describes international expansion in the UK insurance industry. At the end of the seventeenth century, Britain underwent a dual political and financial revolution that helped lay the ... More


Switzerland: Insurance and The Need to Export

Martin Lengwiler

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0006
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the Swiss insurance industry. It is remarkable that Switzerland today is one of the centres of the global insurance market given that the Swiss insurance industry ... More


Is China an Inviting Place for Life Insurance?: Societal Conditions, the Market, and Remaining Puzzles

Cheris Shun-ching Chan

in Marketing Death: Culture and the Making of a Life Insurance Market in China

Published in print:
2012
Published Online:
May 2012
ISBN:
9780195394078
eISBN:
9780199951154
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195394078.003.0001
Subject:
Sociology, Economic Sociology

This chapter provides a context for the ethnographic stories that unfold in subsequent chapters. It begins with a brief historical background of commercial life insurance in China, dating back to the ... More


Brazil: The Resilience of the Brazilian Insurance Market

Marcelo de Paiva Abreu and Felipe Tâmega Fernandes

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0025
Subject:
Business and Management, International Business, Business History

Since the 1860s Brazilian economic history has been dominated by balance of payments shocks and spiralling inflation. Wide fluctuations in commodity prices, in the supply of foreign capital and also ... More


Mexico: A History of The Insurance Industry in Mexico

Gustavo A. del Angel

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0026
Subject:
Business and Management, International Business, Business History

Although Mexico is the second national market in Latin America, with one of the highest rates of economic growth since 1995, insurance penetration is below the average for the region, standing in ... More


Europe: Overview

Peter Borscheid

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0002
Subject:
Business and Management, International Business, Business History

This chapter presents an overview of the history of modern insurance in Europe. The actual birth of modern insurance can be dated back to the middle of the eighteenth century when industrialization ... More


South Africa: Leading African Insurance

Grietjie Verhoef

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0014
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the South African insurance industry. The first South African insurance company to be founded in Cape Colony was the Zuid-Afrikaansche Brand en Levensversekering ... More


Korea: Insurance in a Tiger Market

Duol Kim and Myung Hwi Lee

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0022
Subject:
Business and Management, International Business, Business History

This chapter examines the history of the Korean insurance industry. The Korean insurance market had become the tenth largest in the world by 2008, with insurance premiums amounting to approximately ... More


Australia and New Zealand: A Tradition Continued—Creating a Domestic Insurance Market

Monica J. Keneley

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0023
Subject:
Business and Management, International Business, Business History

This chapter discusses the development of the insurance industry in Australia and New Zealand. In tracing the history of insurance and reinsurance markets in these countries, four major turning ... More


France: Insurance and The French Financial Networks

Andre Straus

in World Insurance: The Evolution of a Global Risk Network

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199657964
eISBN:
9780191744709
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199657964.003.0005
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the French insurance industry. The economic development of insurance in France came more slowly and at a later date than in England. The first marine insurance ... More


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