Corporate Forms and Organizational Choice in International Insurance

Corporate Forms and Organizational Choice in International Insurance

Author: Robin Pearson

Publisher: Oxford University Press

Published: 2015

Total Pages: 349

ISBN-13: 0198739001

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Examining the development of multiple forms of organisation in insurance from a historical and international context, this book relates this history to modern organisation theory. The 13 chapters by expert scholars cover eight major markets that together account for over half of world insurance today.


The Development of the Mutuality Principle in the Insurance Business

The Development of the Mutuality Principle in the Insurance Business

Author: Johann Brazda

Publisher: LIT Verlag Münster

Published: 2020

Total Pages: 1080

ISBN-13: 364390973X

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Im Mittelpunkt steht die Entwicklung und Gewichtung des Gegenseitigkeitsprinzips bei Versicherungsvereinen auf Gegenseitigkeit (VVaG) in Österreich. Beginnend mit den ersten Gründungen von VVaG führen die Forschungen bis in die Gegenwart und stellen die jeweiligen Entwicklungsphasen der Gegenseitigkeit dar. Die dabei erkennbare schrittweise Verdünnung des Gegenseitigkeitsprinzips in den VVaG bzw. die phasenweise Modifizierung des Gegenseitigkeitsgedankens werden sowohl für Österreich als auch mittels internationaler Beispiele in Form von Länderstudien präsentiert.


The Routledge Companion to the Makers of Global Business

The Routledge Companion to the Makers of Global Business

Author: Teresa da Silva Lopes

Publisher: Routledge

Published: 2019-07-09

Total Pages: 782

ISBN-13: 1315277794

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The Routledge Companion to the Makers of Global Business draws together a wide array of state-of-the-art research on multinational enterprises. The volume aims to deepen our historical understanding of how firms and entrepreneurs contributed to transformative processes of globalization. This book explores how global business facilitated the mechanisms of cross-border interactions that affected individuals, organizations, industries, national economies and international relations. The 37 chapters span the Middle Ages to the present day, analyzing the emergence of institutions and actors alongside key contextual factors for global business development. Contributors examine business as a central actor in globalization, covering myriad entrepreneurs, organizational forms and key industrial sectors. Taking a historical view, the chapters highlight the intertwined and evolving nature of economic, political, social, technological and environmental patterns and relationships. They explore dynamic change as well as lasting continuities, both of which often only become visible – and can only be fully understood – when analyzed in the long run. With dedicated chapters on challenges such as political risk, sustainability and economic growth, this prestigious collection provides a one-stop shop for a key business discipline. Chapter 31 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.


The Power of Your Life

The Power of Your Life

Author: Grietjie Verhoef

Publisher: Oxford University Press

Published: 2018

Total Pages: 436

ISBN-13: 0198817754

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This book explores a century of business development of The South African Life Assurance Company, from a specific local focus to a national conglomerate expanding into global insurance markets. Established as a strategic vehicle to address Afrikaner economic marginalization and abject poverty at the beginning of the twentieth century, Sanlam has displayed both path dependence and a dynamic adaptability to complex changing contexts to become a global player. The strategic convergence of economic empowerment through the mobilization of savings into insurance products, as well as Afrikaner nationalism, assisted this growth. Sanlam has played an a-typical role in the economic empowerment of an ethnic entity through extensive investments into the industrializing South African economy. This strategic diversion created operational limitations that were only resolved early in the twenty-first century. As globalization, financial deregulation, and weakened Afrikaner political and social hegemony manifested, strategic change management relied on the path dependence of empowerment strategies to address new markets with similar needs to those of the early stakeholder market of 1918. The former mutual life office demutualized operations to become a diversified financial services group of companies operating across almost the entire African continent, as well as in India, Malaysia, and the UK. This volume presents a business history of strategic management of an insurance enterprise, and its transformation from a defined cultural context into an international empowerment strategy through innovation on all levels of business operation and organization. This book is an Open Access publication, available online under a CC BY-NC-ND 4.0 license.


Insuring Against Climate Change

Insuring Against Climate Change

Author: Nikolas Scherer

Publisher: Routledge

Published: 2020-02-19

Total Pages: 197

ISBN-13: 1000033546

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This book provides one of the first systematic in-depth studies on regional catastrophe risk pools. It explores the various goals of these new financial instruments, illustrating how they function on a conceptual, technical and practical level, and reconstructs their political genesis. With climate-related disasters increasing in frequency and severity, Insuring Against Climate Change explores how affected countries, especially those in the Global South, have increasingly turned to innovative index insurance instruments, as demonstrated by the creation of the Caribbean Catastrophic Risk Insurance Facility (CCRIF), the African Risk Capacity (ARC) and the Pacific Catastrophe Risk Assessment and Financing Initiative Facility (PCRAFI Facility). Scherer scrutinizes the formation of this trend, exploring comparatively the goals, characteristics and histories of these tools, and argues that their attractiveness rests more on political than economic benefits and is, in fact, more supply than demand-driven. Making a significant contribution to current debates on the opportunities and limitations of what are sometimes described as indirect ‘climate risk insurance’, this book will be of great interest to political scientists with an interest in insurance instruments and climate-related disaster management politics as well as to practitioners working in the insurance, finance and the development sectors.


Maritime Risk Management

Maritime Risk Management

Author: Phillip Hellwege

Publisher: Duncker & Humblot

Published: 2021-04-21

Total Pages: 305

ISBN-13: 3428582608

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Insurance is a legal, an actuarial and a financial product, and it is one out of many risk management strategies. It follows that its history can only be studied in the broader context of the development of such strategies, applying an interdisciplinary approach. The theme of the present volume is maritime risk management. After an overview over the history of insurance, the contributions to the present volume examine different maritime risk management strategies by adopting a variety of methodological approaches. Some contributions focus on normative provisions, others contrast practice with legal scholarship, or focus on the emergence of insurance companies as opposed to individual insurers. Again, other contributions give insights in marine insurance practice in specific cities or analyse insurance practice through the lens of specific insurance litigation. As to the time frame, the different contributions span from antiquity to the nineteenth century.


Managing Risk in Reinsurance

Managing Risk in Reinsurance

Author: Niels Viggo Haueter

Publisher: Oxford University Press

Published: 2017

Total Pages: 376

ISBN-13: 0198754914

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Reinsurance was a global business from the start the method of spreading and balancing risks in international markets. But this also meant that reinsurance was more heavily exposed to global trends than many other industries. This book gives detailed accounts on how reinsurers dealt with all these challenges.


Prometheus Tamed

Prometheus Tamed

Author: Cornel Zwierlein

Publisher: BRILL

Published: 2021-01-11

Total Pages: 563

ISBN-13: 9004431225

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Large city fires were a huge threat in premodern Central European every-day life; only quite late, institutional forms of fire insurances emerged as a post-disaster instrument of damage recovery. During the nineteenth century, insurance agencies spread through the World forming a plurality of modernities, safe or unsafe.


Role of Reinsurance in the World

Role of Reinsurance in the World

Author: Leonardo Caruana de las Cagigas

Publisher: Springer Nature

Published: 2021-08-19

Total Pages: 313

ISBN-13: 3030740021

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This book is an edited collection by leading insurance historians, examining the historical role of reinsurance (the insurance of insurers) in the insurance markets of eight countries: USA, Netherlands, Sweden, France, Spain, Italy, Mexico and Japan. All the contributors are experts in their field and have widely published in insurance history, providing the reader with new insights into the insurance and economic history of these countries. In particular, this is the first book to explore the reinsurance markets in the USA, Netherlands, France, Italy and Mexico. This book will be of interest to economic and business historians, as well as insurance practitioners with an interest in the history of their industry.


Companies and Entrepreneurs in the History of Spain

Companies and Entrepreneurs in the History of Spain

Author: María Vázquez-Fariñas

Publisher: Springer Nature

Published: 2021-02-15

Total Pages: 282

ISBN-13: 3030613186

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This book analyses the economic history of the company and entrepreneurship in Spain from the 15th century to the present. It evaluates the economic theory, the formation of the figure of the entrepreneur, as well as the structure of the companies. This exploration of the businessmen in Spain over several centuries is something that has not been done until now. Joining the great Spanish historiographical debate about the existence or not of entrepreneurship, the book brings together research in very different historical contexts and junctures. It presents a selection of cases of companies and entrepreneurs from Spain, from different sectors, regions and periods, from boom to crisis, from the wine businessman to the railway sector, from private banking to the pioneers of the Spanish travel agency business. It will be of interest to academics and students in economic history, business and management history, as well as researchers in entrepreneurship & small business management.