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Marketing and Pricing Risk in Marine Insurance in Sixteenth-Century Antwerp

Dados Bibliográficos

ID4902016
AutoresJeroen Puttevils (0000-0003-2791-8586, University of Antwerp), Marc Deloof (0000-0002-6314-5528, University of Antwerp)
Ano2017
Volume77
Fascículo3
Páginas796-837
Data de publicação2017-09-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Journal of Economic History (JOURNAL)
Identificadores do periódicoISSN: 0022-0507 • E-ISSN: 1471-6372
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050717000687
OpenAlexW2745536680
IdiomaEN
Citações recebidas7
Referências citadas37

Drawing on a set of insurance contracts brokered in Antwerp in 1562-1563, we demonstrate that by that time Antwerp hosted a sophisticated, large, and international market for marine insurance in which small and large traders could acquire and sell insurance, backed by the intermediation of a large broker, Juan Henriquez who functioned as an open-access institution. Using information from Henriquez's ledgers which was also available to underwriters, we find that insurance premiums reflected the underlying risk and that agents were able to determine the effect of different contract parameters

Actuarial science · Business · Commerce · General insurance · Insurance policy · Intermediation · Ledger · Property insurance · Underwriting · Colonialism, slavery, and trade · Finance · Historical Economic and Legal Thought · Historical Economic and Social Studies

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Obras citantes distintas7
Citações por ano0,78
Intervalo de citações2017 - 2025 (9)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 4
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