World Insurance: The evolution of a global risk network

Luis Lobo-Guerrero*

*Bijbehorende auteur voor dit werk

    OnderzoeksoutputProfessional

    4 Downloads (Pure)

    Samenvatting

    As Frank C. Spooner noted in 1983 (Risk at Sea: Amsterdam Insurance and Maritime Europe, 1766-1780, Cambridge, Cambridge University Press), it was insurance and not war or diplomacy what made possible the opening of the markets in the Far East in the first decade of the seventeenth century. Travelling with traders, insurance not only enabled venturing into unknown markets but also began to effect the globalisation of a rationality of thinking and managing uncertainty as risk. Insurance, more than a financial instrument is the embodiment of a rationality of thinking and managing uncertainty, a crucial element for the understanding of western globalization in the modern period.
    Originele taal-2English
    Pagina's (van-tot)638-639
    Aantal pagina's2
    TijdschriftBusiness History
    Volume57
    Nummer van het tijdschrift4
    DOI's
    StatusPublished - 1-apr-2015

    Citeer dit