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Mutual Insurance 1550-2015 = From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Mutual Insurance 1550-2015/ by Marco H. D. Van Leeuwen.
Reminder of title:	From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers /
Author:	Van Leeuwen, Marco H. D.
Description:	XIII, 321 p. 3 illus.online resource. :
Contained By:	Springer Nature eBook
Subject:	Finance—History. -
Online resource:	https://doi.org/10.1057/978-1-137-53110-0
ISBN:	9781137531100

Mutual Insurance 1550-2015 = From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers /
Van Leeuwen, Marco H. D.

Mutual Insurance 1550-2015From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers /[electronic resource] :by Marco H. D. Van Leeuwen. - 1st ed. 2016. - XIII, 321 p. 3 illus.online resource. - Palgrave Studies in the History of Finance,2662-5164. - Palgrave Studies in the History of Finance,.

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.

ISBN: 9781137531100

Standard No.: 10.1057/978-1-137-53110-0doiSubjects--Topical Terms:

1255918
Finance—History.

LC Class. No.: HG171

Dewey Class. No.: 332.09

Mutual Insurance 1550-2015 = From Guild Welfare and Friendly Societies to Contemporary Micro-Insurers /
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