This did not solve the problem entirely, as the brigades still tended to favor saving insured buildings to those without any insurance at all. Many students and practitioners in the insurance and retail financial services sector will be grateful to Bob Carter and Peter Falush for gathering together so many commercial, social and economic threads and presenting them succinctly and intelligently. At the same time, the first insurance schemes for the of became available. Please contact me if you have further bibliographical suggestions k. The company called the Amicable Society for a Perpetual Assurance Office, collected annual premiums from policyholders and paid the nominees of deceased members from a common fund. It wasn't simply that industrial companies caught a wave of expansion; their progress was no less impressive in relation to the rest of the market.
On the general insurance side, the extension of liability by Parliament and the courts and the response of the insurance market in terms of new products is well documented. It will prove essential reading for historians of the medical and legal professions, managerialism and marketing, science and statistics, accounting and business, religion, death, the body, and regulation. Timothy Alborn's unique study uses insurance practices to demonstrate how Victorian ideas about the lived experience altered both to accommodate and resist elements of modernity such as statistical thinking, medicalization, and capitalist bureaucracy. Baltimore: Johns Hopkins University Press. Drawing upon the historical relationship between statistics, probabilistic reasoning and life insurance, the article argues that mathematical calculation played a necessary but limited role in making markets for life insurance. Retrieved August 11, 2017 — via Google Books.
Regulated Lives is one of the most impressively researched books I have ever read. With this sketch of the fundamental problems of social thought nearly behind us, let us press on and apply our theory more fully to the question of educational sustainability. This article considers the evolution of mutual life insurance companies in Britain. Jonathan Lamb , The Things Thing Say Princeton and Oxford: Princeton University Press, 2011. Jenner eds , Londinopolis: Essays in the Cultural and Social History of Early Modern London Manchester and New York: Manchester University Press, 2000 , pp.
The Origins of the Authoritarian Welfare State in Prussia: Conservatives, Bureaucracy, and the Social Question, 1815-70. Alan Ryan, Property and Political Theory Oxford: Basil Blackwell, 1984. Retrieved August 11, 2017 — via Internet Archive. Finally, while the companies certainly did see benefits in administering the acts, these were related more to corporate identity, branding and public relations than to direct pecuniary gain. The company was able to reach an agreement with the , whereby basic accident insurance would be sold as a package deal along with travel to customers. The first modern actuary was , who was appointed in 1775 and served until 1830. This growth marked a period of trouble as well as one of expansion.
The promise of the state to provide a generalized form of security represented an important cultural factor in securing the social and political stability of postwar societies in Europe. In 1938, with a view to protecting the interest of the Insurance public, the earlier legislation was consolidated and amended by the Insurance Act, 1938 with comprehensive provisions for effective control over the activities of insurers. In addition, they were keen to extend the scope of national health insurance and campaigned to make the acts more comprehensive. The Society sought to treat its members equitably and the Directors tried to ensure that the policyholders received a fair return on their respective investments. This paper aims to provide an overview of merger and acquisition activity in British insurance over the past 200 years, and to examine the changing causes and effects of this activity in the insurance sector.
Museums, Collecting and Scientific Culture in Early Modern Italy Berkeley, 1994. Dwight Codr, Raving at Usurers: Anti-Finance and the Ethics of Uncertainty in England, 1690-1750 Charlottesville and London: University of Virginia Press, 2016. The collected premiums would be used to reimburse any merchant whose goods were jettisoned during transport, whether due to storm or sinkage. Morals and Markets: The Development of Life Insurance in the United States. One such notable company was the , founded in 1696 at Tom's Coffee House in in. By examining how salesmen, actuaries, and doctors utilized their differing conceptions of what the various aspects of people's lives meant, Regulated Lives suggests that the very complexity of modern commercial and social institutions produces space where individuality can flourish. Baltimore: Johns Hopkins University Press.
The British Insurance Industry since 1900 fills a gap and, overall, fills it very competently. While Alborn explores these crosscurrents with respect to the distinctive patterns of growth in the English and the initially sounder Scottish insurance industries as well as to the marketing and consumption of insurance, a major argument of Regulated Lives is that nineteenth-century firms—and their customers—relied remarkably little on the actuarial data that supposedly conferred a solid mathematical foundation to what was, in essence, a demographic lottery. David Spadafora, The Idea of Progress in Eighteenth-Century Britain New Haven and London: Yale University Press, 1990. Hamburger General-Feur-Cassa , established in December 1676 by the Ratsherren city council of Hamburg now in Germany. Regulated Lives: Life Insurance and British Society, 1800—1914.
The nineteenth century saw the rise of commercial insurers as well as insurance provided by doctors, factory funds, and local trade unions. Ian Hacking, The Taming of Chance Cambridge: Cambridge University Press 1990. By the sixteenth century, insurance was common among Britain, France, and the Netherlands. The National Insurance Act also provided maternity benefits. It was structured as a , and for 135 years it operated its own fire brigade and played an important part in shaping fire fighting and prevention. Geoffrey Clark ed , The Appeal of Insurance Toronto: University of Toronto Press, 2010. We also show the struggle of an emerging market to find ways to keep the balance of current accounts and raise capital when financial infrastructure was underdeveloped.