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
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.