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Author:
Ceccarelli, Giovanni, author.
Title:
Risky markets : marine insurance in Renaissance Florence / by Giovanni Ceccarelli.
Publisher:
Brill,
Copyright Date:
2021
Description:
xv, 363 pages : illustrations ; 25 cm.
Subject:
Insurance--Florence--Florence--History--To 1500.
Insurance--Florence--Florence--History--16th century.
Risk management--Florence--Florence--History--To 1500.
Risk management--Florence--Florence--History--16th century.
Florence (Italy)--History--History--To 1500.
Florence (Italy)--History--History--16th century.
Commerce.
Insurance.
Risk management.
Italy--Florence.
To 1599
History.
Other Titles:
Mercato del rischio. English
Notes:
Includes bibliographical references and index.
Contents:
Introduction -- Institutions: Contracts and Legislation -- Trade and Insurance: Routes -- Trade and Insurance: Goods -- Trade and Insurance: Seacraft -- The Premium: Structural Factors -- The Premium: Contingent Factors -- The Florentine Insurance Market Within the European Context -- The Market and Its Operators: Demand -- The Market and Its Operators: Supply -- The Market and Its Operators: Techniques and Organisational -- The Market and Its Operators: The "Risk Experts" -- Institutions Again: Informal Safeguards -- Conclusions.
Summary:
"Risky Markets explores a crucial moment in the history of insurance, when tools designed to tackle sea risks were in their first making. Renaissance Florence is the setting for one of the first attempts to develop a market specialized in protecting maritime trade. Drawing on a unique collection of sources, the book provides a wide ranging account about the players, institutions, business practices and organizations of the insurance business, shedding light on the forecasting techniques underwriters used. Ceccarelli shows that the market was a small club where trust relations and shared codes of conduct prevail over competition. In a world without probability this was the way by which a business community managed transforming uncertainty into a calculable risk"-- Provided by publisher.
Series:
Brill's studies in maritime history, 2405-4917 ; volume 8
ISBN:
9004399127
9789004399129
OCLC:
(OCoLC)1202732152
LCCN:
2020046140
Locations:
OVUX522 -- University of Iowa Libraries (Iowa City)

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