Mutual Insurance 1550-2015

From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers

Business & Finance, Industries & Professions, Insurance, Economics, Economic History
Cover of the book Mutual Insurance 1550-2015 by Marco H. D. Van Leeuwen, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Marco H. D. Van Leeuwen ISBN: 9781137531100
Publisher: Palgrave Macmillan UK Publication: August 31, 2016
Imprint: Palgrave Macmillan Language: English
Author: Marco H. D. Van Leeuwen
ISBN: 9781137531100
Publisher: Palgrave Macmillan UK
Publication: August 31, 2016
Imprint: Palgrave Macmillan
Language: English

In the modern Western world, we tend to be insured by the state or for-profit insurers. We have privileged this system over mutual or micro-insurance, whose long and rich history we tend to forget. Yet, mutual and micro-insurance is becoming increasingly important, both in the Western and in the non-Western world and bears re-examination.

This book traces the track record of mutual insurance from 1550 to the present, examining provisions for burial, sickness, unemployment, old age, and widowhood. The author seeks to address such topics as the type of risks micro-insurance covered between 1550 and 2015; how it was organized throughout its history; who provided the coverage; and how contributions, benefit levels, and conditions have changed.

Importantly, the author explores why this system has worked through, and endured, the test of time. Mutual insurance can, for instance, overcome classic insurance problems such as adverse selection and moral hazards. The author demonstrates that the study of the position micro-insurance historically assumed in mixed economies of welfare presents interesting lessons for today’s insurance market, as well as for today’s mutualism.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In the modern Western world, we tend to be insured by the state or for-profit insurers. We have privileged this system over mutual or micro-insurance, whose long and rich history we tend to forget. Yet, mutual and micro-insurance is becoming increasingly important, both in the Western and in the non-Western world and bears re-examination.

This book traces the track record of mutual insurance from 1550 to the present, examining provisions for burial, sickness, unemployment, old age, and widowhood. The author seeks to address such topics as the type of risks micro-insurance covered between 1550 and 2015; how it was organized throughout its history; who provided the coverage; and how contributions, benefit levels, and conditions have changed.

Importantly, the author explores why this system has worked through, and endured, the test of time. Mutual insurance can, for instance, overcome classic insurance problems such as adverse selection and moral hazards. The author demonstrates that the study of the position micro-insurance historically assumed in mixed economies of welfare presents interesting lessons for today’s insurance market, as well as for today’s mutualism.

More books from Palgrave Macmillan UK

Cover of the book Epistemic Relativism by Marco H. D. Van Leeuwen
Cover of the book Exploring Discourse in Context and in Action by Marco H. D. Van Leeuwen
Cover of the book Meritocratic Education and Social Worthlessness by Marco H. D. Van Leeuwen
Cover of the book Sustainability Analysis by Marco H. D. Van Leeuwen
Cover of the book Rethinking Fascism and Dictatorship in Europe by Marco H. D. Van Leeuwen
Cover of the book Disaster, Death and the Emotions in the Shadow of the Apocalypse, 1400–1700 by Marco H. D. Van Leeuwen
Cover of the book Violent Women in Contemporary Cinema by Marco H. D. Van Leeuwen
Cover of the book Theatres of Immanence by Marco H. D. Van Leeuwen
Cover of the book Ethnicity, Migration and Enterprise by Marco H. D. Van Leeuwen
Cover of the book Understanding Sex and Relationship Education, Youth and Class by Marco H. D. Van Leeuwen
Cover of the book Abolition and Empire in Sierra Leone and Liberia by Marco H. D. Van Leeuwen
Cover of the book Understanding Cultural Taste by Marco H. D. Van Leeuwen
Cover of the book Autonomy in Language Learning and Teaching by Marco H. D. Van Leeuwen
Cover of the book Sovereign Debt and International Financial Control by Marco H. D. Van Leeuwen
Cover of the book British Burma in the New Century, 1895–1918 by Marco H. D. Van Leeuwen
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy