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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


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


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


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


Post–World War II Rejuvenation and Transformation

Feng Bangyan and Nyaw Mee Kau

in Enriching Lives: A History of Insurance in Hong Kong, 1841-2010

Published in print:
2010
Published Online:
September 2011
ISBN:
9789888028702
eISBN:
9789882206946
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888028702.003.0004
Subject:
History, Asian History

The war nearly destroyed a century of painstaking effort among British firms in Hong Kong and China. The colony's insurance sector was not spared the havoc. In face of imminent invasion, foreign ... 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


Risk Management by Mitsubishi: From Self-Insurance to Captive Insurance

Hisaaki Kamiya

in Corporate Forms and Organizational Choice in International Insurance

Published in print:
2015
Published Online:
December 2015
ISBN:
9780198739005
eISBN:
9780191802157
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198739005.003.0004
Subject:
Business and Management, International Business, Business History

This chapter investigates the Mitsubishi Corporation’s risk management business in pre-war Japan. Mitsubishi self-insured from 1898 following the withdrawal of a special discount provided by its main ... More


Italy: Building on a Long Insurance Heritage

Giandomenico Piluso

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/9780199657964.003.0007
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the Italian insurance industry. The fall of the Italian economy from its central position in the sixteenth century relegated it from the areas of strongest economic ... More


Germany: Insurance, Expansion, and Setbacks

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/9780199657964.003.0004
Subject:
Business and Management, International Business, Business History

This chapter traces the history of the German insurance industry. It was only in the mid-nineteenth century that a German insurance industry can properly be spoken of, one which demonstrated sound ... More


Argentina: The Changing Fortunes of the Argentinian Insurance Market

Yolanda Blasco and Rodrigo Rabetino

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/9780199657964.003.0027
Subject:
Business and Management, International Business, Business History

Before the official declaration of an independent Argentine Republic on the 9 July 1816, the Kingdom of Spain had organized its territory in South America as a commercial monopoly, with the objective ... More


Organizational Choice in UK Marine Insurance

Robin Pearson and Helen Doe

in Corporate Forms and Organizational Choice in International Insurance

Published in print:
2015
Published Online:
December 2015
ISBN:
9780198739005
eISBN:
9780191802157
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198739005.003.0003
Subject:
Business and Management, International Business, Business History

From the eighteenth century British marine insurance developed via a wide range of organizational forms, including individual and syndicated underwriters, mutual associations, chartered corporations, ... More


Gentleman Actuary

Tamara Plakins Thornton

in Nathaniel Bowditch and the Power of Numbers: "How a Nineteenth-Century Man of Business, Science, and the Sea Changed American Life"

Published in print:
2016
Published Online:
September 2016
ISBN:
9781469626932
eISBN:
9781469628110
Item type:
chapter
Publisher:
University of North Carolina Press
DOI:
10.5149/northcarolina/9781469626932.003.0005
Subject:
History, American History: 19th Century

This chapter examines Nathaniel Bowditch’s assumption of a leading role in Salem’s economic and social elite, and the business conduct, social activities, and religious and partisan loyalties elite ... More


The Setting: Marine Insurance and Bills of Exchange

Francesca Trivellato

in The Promise and Peril of Credit: What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society

Published in print:
2019
Published Online:
September 2019
ISBN:
9780691178592
eISBN:
9780691185378
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691178592.003.0002
Subject:
Business and Management, Finance, Accounting, and Banking

This chapter examines the quotation claiming that Jews invented marine insurance and bills of exchange, which can be read from a compilation of maritime laws assembled with commentary by a provincial ... More


Bordeaux, the Specter of Crypto-Judaism, and the Changing Status of Commerce

Francesca Trivellato

in The Promise and Peril of Credit: What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society

Published in print:
2019
Published Online:
September 2019
ISBN:
9780691178592
eISBN:
9780691185378
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691178592.003.0005
Subject:
Business and Management, Finance, Accounting, and Banking

This chapter looks at the circumstances in which Étienne Cleirac composed his writings. Whether Cleirac coined or merely repeated it, the legend of the Jewish invention of marine insurance and bills ... More


‘Unwelcome Knowledge’: Imputation of the Agent’s Knowledge in the Pre-Contractual Phase of Insurance

Laura Macgregor

in Agency Law in Commercial Practice

Published in print:
2016
Published Online:
June 2016
ISBN:
9780198738473
eISBN:
9780191821233
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198738473.003.0011
Subject:
Law, Company and Commercial Law

This chapter analyses the imputation of knowledge from agent to principal in pre-contractual disclosure in business insurance under §§ 3 and 4, Insurance Act 2015. It is emphasized that imputation ... More


Sharing the Risk

Andrew C. A. Elliott

in What are the Chances of That?: How to Think About Uncertainty

Published in print:
2021
Published Online:
September 2021
ISBN:
9780198869023
eISBN:
9780191905490
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198869023.003.0016
Subject:
Mathematics, Applied Mathematics, Probability / Statistics

Insurance makes use of the law of large numbers to mitigate the effects of risks on individuals by allowing them to be shared collectively. Early insurance arrangements arose as friendly societies ... More


Engines of Opportunity, 1696–1733

Thomas M. Truxes

in The Overseas Trade of British America: A Narrative History

Published in print:
2021
Published Online:
May 2022
ISBN:
9780300159882
eISBN:
9780300161304
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300159882.003.0005
Subject:
History, American History: early to 18th Century

Chapter 4 of The Overseas Trade of British America explores key features of the fast-growing commercial economy of British America in an era of light regulation and salutary neglect. Buffeted by ... More


The Making of a Legend

Francesca Trivellato

in The Promise and Peril of Credit: What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society

Published in print:
2019
Published Online:
September 2019
ISBN:
9780691178592
eISBN:
9780691185378
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691178592.003.0003
Subject:
Business and Management, Finance, Accounting, and Banking

This chapter discusses Étienne Cleirac's commentary on the first article of the Guidon de la mer (The Standard of the Sea). In brief, he says that the Jews expelled from France invented marine ... More


Merchants and the Canton Junks

Paul A. Van Dyke

in Merchants of Canton and Macao: Politics and Strategies in Eighteenth-Century Chinese Trade

Published in print:
2012
Published Online:
January 2013
ISBN:
9789888028917
eISBN:
9789882208650
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888028917.003.0005
Subject:
History, Asian History

Until recently, little was known about the Canton junk trade to Southeast Asia. It has been long known that Hong merchants were involved with the junks, but with few specific details. It was thought ... More


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