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 Children's Rights from Below by Marco H. D. Van Leeuwen
Cover of the book Espionage and Counterintelligence in Occupied Persia (Iran) by Marco H. D. Van Leeuwen
Cover of the book Gender Pedagogy by Marco H. D. Van Leeuwen
Cover of the book Ireland and Cinema by Marco H. D. Van Leeuwen
Cover of the book The Rule of Law in Global Governance by Marco H. D. Van Leeuwen
Cover of the book The Role of the Arab-Islamic World in the Rise of the West by Marco H. D. Van Leeuwen
Cover of the book Health Reforms in South-East Europe by Marco H. D. Van Leeuwen
Cover of the book Food, Media and Contemporary Culture by Marco H. D. Van Leeuwen
Cover of the book Beyond Networks by Marco H. D. Van Leeuwen
Cover of the book Imagining Mass Dictatorships by Marco H. D. Van Leeuwen
Cover of the book Developmental Pathways to Poverty Reduction by Marco H. D. Van Leeuwen
Cover of the book Psychology for Language Learning by Marco H. D. Van Leeuwen
Cover of the book Researching Education with Marginalized Communities by Marco H. D. Van Leeuwen
Cover of the book Law, Labour, and Empire by Marco H. D. Van Leeuwen
Cover of the book The Palgrave Handbook of Disciplinary and Regional Approaches to Peace 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