Download or read book General Average and Risk Management in Medieval and Early Modern Maritime Business written by Maria Fusaro and published by Springer Nature. This book was released on 2023-01-01 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores the history of risk management in medieval and early modern European maritime business, focusing particularly on 'General Average' – a mechanism by which extraordinary expenses regarding ship or cargo, incurred during a voyage to save the venture, are shared between all participants to protect equity. This volume traces the history of this risk management tool from its origins in the pre-Roman Mediterranean through to its use in the shipping sector today. Contributions range from the Islamic Mediterranean to the Low Countries, and taken together, provide a wide-ranging analysis of social, cultural, and political aspects of pre-modern maritime commerce in Europe.
Download or read book Maritime Risk Management written by Phillip Hellwege and published by Duncker & Humblot. This book was released on 2021-04-21 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Power and Pains of Polysemy Maritime Trade Averages and Institutional Development in the Low Countries 15th 16th Centuries written by Gijs Dreijer and published by BRILL. This book was released on 2023-02-17 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a study of so-called ‘Maritime Averages’, a variety of risk management instruments used in maritime trade, in the Low Countries, showing how Averages played a major role in the institutional development of the Low Countries.
Download or read book Managing Mobility in Early Modern Europe and its Empires written by Katja Tikka and published by Springer Nature. This book was released on 2023-12-16 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how migration and mobility were controlled, supported, and restricted in early modern Europe and European colonies. The aim of the book is to investigate how different actors, such as rulers, regional lords, local authorities, and corporations tried to regulate different forms of mobility and how those on the move reacted to these attempts. The book examines the agency of both the authorities and the migrants, shifting focus between the macro and the micro level. The chapters will also illuminate the ways gender, religion, language, ethnicity, occupation, and socioeconomic status were entangled in the regulations concerning mobility. Control of migration is inextricably linked with power relations. In this book, mobility is seen as a wide social process, which covers daily or seasonal movement as well as less or more stable migration.
Download or read book The Power of Persuasion written by Lucas Haasis and published by transcript Verlag. This book was released on 2022-03-31 with total page 661 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lucas Haasis found a time capsule: A complete mercantile letter archive of the merchant Nicolaus Gottlieb Luetkens who lived in 18th century Hamburg. Luetkens travelled France between 1743-1745 in order to become a successful wholesale merchant. He succeeded in this undertaking via both shrewd business practice and proficient skills in the practice of letter writing. Based on this unique discovery, in this microhistorical study Lucas Haasis examines the crucial steps and activities of a mercantile establishment phase, the typical letter practices of Early Modern merchants, and the practical principles of persuasion leading to success in the 18th century.
Download or read book Between Empires written by Christopher Ebert and published by BRILL. This book was released on 2008 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the wholesale trade in sugar from Brazil to markets in Europe. The principal market was northwestern Europe, but for much of the time between 1550 and 1630 Portugal was drawn into the conflict between Habsburg Spain and the Dutch Republic. In spite of political obstacles, the trade persisted because it was not subject to monopolies and was relatively lightly regulated and taxed. The investment structure was highly international, as Portugal and northwestern Europe exchanged communities of merchants who were mobile and inter-imperial in both their composition and organization. This conclusion challenges an imperial or mercantilist perspective of the Atlantic economy in its earliest phases.
Download or read book Risks at Sea written by Frank C. Spooner and published by Cambridge University Press. This book was released on 2002-07-04 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book places the marine insurance business of Amsterdam in the wider context of the political economy of Europe during the second half of the eighteenth century. The analysis is based on the simultaneous quotations of premiums for the twenty-two groups of destinations which formed a major part of the commerical matrix of the Netherlands. It considers the operation of the market at two levels. On the one hand, the provision of insurance responded to risk uncertainties in the market: in the 1760s and 1770s, Amsterdam experienced three serious unheavals, in the form of the financial crises of 1763 and 1772-73 and the hostilities leading to American independence and the Fourth Anglo-Dutch War. On the other hand, underwriters accepted risks in situations of structural uncertainty. The book is fully illustrated with graphs and maps and uses a wide range of original documents drawn from archives and libraries in Europe. An appendix provides the basic data of premiums quoted in the price-lists of the market.
Download or read book Carbon Free Shipping and Shipping Carbon written by Stephen Girvin and published by Bloomsbury Publishing. This book was released on 2024-08-22 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the private law implementation of the new international and EU regulatory framework targeting decarbonisation in the shipping industry. Compared with other sectors, the shipping industry has traditionally been labelled a 'slow mover' concerning the sustainability agenda. However, new regulatory measures on carbon reduction both internationally and in the EU require fundamentally new developments in the industry. This book focuses on the goal of carbon reduction from a private law perspective and considers how the new regulatory framework can be implemented in the shipping industry. This book studies existing contractual provisions in charterparties and bills of lading alongside new contractual model clauses designed to facilitate carbon reduction. It considers how the new clauses should be interpreted, whether they will transform traditional shipping contracts into more collaborative contracts, and how they will interact with other clauses in the contract and with other contracts in the supply chain. The contractual analysis is considered in context, reflecting on enforcement issues, such as Port State Control (PSC), the Poseidon Principles, and climate change litigation. The book also analyses the related topic of shipping contracts for carbon storage as a necessary means of meeting carbon reduction targets. The book is intended to pave the way for understanding how core shipping contracts can work in this new context and the extent to which the new types of clauses will profoundly transform contracts. It presents contributions by experienced and younger academics and practitioners from Asian, European and Scandinavian legal systems.
Download or read book Risky Markets written by Giovanni Ceccarelli and published by BRILL. This book was released on 2020-11-23 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risky Markets explores a crucial moment in marine insurance history, when tools to tackle risks are in the making. It accounts for one of the earliest attempts of a specialized insurance market is carried out in Renaissance Florence.
Download or read book London Marine Insurance 1438 1824 written by Adrian Leonard and published by Boydell & Brewer. This book was released on 2022 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive history of marine insurance transacted in London from the industry's beginnings, to the early-nineteenth-century, when legislative change ended parliamentary monopolies over the business.This book describes the development and evolution of the customary, legal, and commercial institutions of marine insurance, alongside its developing organisational structures. It analyses major market interventions during the period, including state-sponsored initiatives in the late sixteenth century, the introduction of new corporate forms in the early eighteenth century, and the formation and maturation of Lloyd's of London. The book examines the impact of crises such as the Smyrna catastrophe of 1693 and the South Sea Bubble, and makes comparisons with developments in other marine insurance markets. In revealing how the London insurance market changed over centuries, the book discusses issues of risk and uncertainty, the financial revolution, the development of trade, and the reciprocal developmental roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.l roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.l roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.l roles of markets and the state. Overall, it highlights the ways that efficient and effective marine insurance capable of adapting according to circumstance was vital to the growth of trade and the economy.
Download or read book The Unruly Ocean written by Erika Techera and published by Taylor & Francis. This book was released on 2024-11-13 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces non-specialist readers to the history of how human societies have sought to control, use and exploit our oceans, seas and shorelines over time in different geographical and cultural contexts. The Unruly Ocean examines the development of the modern international legal regime – the law of the sea, maritime law, marine environmental and pollution law, fisheries regulation, and underwater cultural heritage law – and considers how effective these laws have been in addressing the many challenges facing marine and coastal environments ranging from piracy and war to oil spills and the extraction of marine resources. It concludes by discussing the socio-ecological crises facing the world’s oceans, seas and shorelines, and explores current ideas for reimagining a legal regime that restores the health of our oceanic realm and offers a more holistic, transboundary, rights-based approach to ocean governance. This book will be of value to law and non-law undergraduate and postgraduate students, as well as research scholars and other educated audiences interested in a legal history of the world’s oceans, seas and shorelines.
Download or read book The Oxford Handbook of Early Modern European History 1350 1750 written by Hamish M. Scott and published by . This book was released on 2015 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook re-examines the concept of early modern history in a European and global context. The term 'early modern' has been familiar, especially in Anglophone scholarship, for four decades and is securely established in teaching, research, and scholarly publishing. More recently, however, the unity implied in the notion has fragmented, while the usefulness and even the validity of the term, and the historical periodisation which it incorporates, have been questioned. The Oxford Handbook of Early Modern European History, 1350-1750 provides an account of the development of the subject during the past half-century, but primarily offers an integrated and comprehensive survey of present knowledge, together with some suggestions as to how the field is developing. It aims both to interrogate the notion of 'early modernity' itself and to survey early modern Europe as an established field of study. The overriding aim will be to establish that 'early modern' is not simply a chronological label but possesses a substantive integrity. Volume I examines 'Peoples and Place', assessing structural factors such as climate, printing and the revolution in information, social and economic developments, and religion, including chapters on Orthodoxy, Judaism and Islam.
Download or read book Insuring Security written by Luis Lobo-Guerrero and published by Routledge. This book was released on 2010-10-04 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a genealogical interrogation of the relationship between security and risk through its materialisation in insurance.
Download or read book European Warfare 1350 1750 written by Frank Tallett and published by Cambridge University Press. This book was released on 2010-01-28 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: The period 1350–1750 saw major developments in European warfare, which not only had a huge impact on the way wars were fought, but also are critical to long-standing controversies about state development, the global ascendancy of the West, and the nature of 'military revolutions' past and present. However, the military history of this period is usually written from either medieval or early-modern, and either Western or Eastern European, perspectives. These chronological and geographical limits have produced substantial confusion about how the conduct of war changed. The essays in this book provide a comprehensive overview of land and sea warfare across Europe throughout this period of momentous political, religious, technological, intellectual and military change. Written by leading experts in their fields, they not only summarise existing scholarship, but also present new findings and new ideas, casting new light on the art of war, the rise of the state, and European expansion.
Download or read book Cultural Exchange in Early Modern Europe written by Robert Muchembled and published by Cambridge University Press. This book was released on 2006 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: A ground-breaking reassessment of the status of information in early modern Europe, first published in 2007.
Download or read book Compassion in Disaster Management written by Mark Crosweller and published by Taylor & Francis. This book was released on 2024-08-02 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should leadership minimise suffering? This book argues yes: offering leaders, especially those in disaster management, a way to improve their ability to lead, serve, and protect others during disasters and crises. Drawing upon his own experiences as a disaster management specialist as well as high-level interviews with disaster management leaders from the USA, Australia and New Zealand, Crosweller bridges theory and practice to achieve three objectives. Firstly, to establish the political and socio-cultural context in which disaster management leaders find themselves when seeking to protect citizens and minimise their suffering and vulnerability. Secondly, to provide an empirical account of how certain sociocultural influences affect their efficacy as leaders and that of their organisations, when seeking to improve well-being, provide protection, and reduce suffering and vulnerability. Third, to propose a relational leadership framework centred upon an ethic of compassion, and supported by behaviours, characteristics, and practices that can guide leaders when addressing the causes of suffering and vulnerability across the entire disaster management cycle. This framework progressively emerges as the reader navigates their way through each chapter. An essential text for aspiring and experienced leaders, especially those in the fields of Emergency Medical Services, fire services, law enforcement, and emergency management. It will also appeal to students and researchers in related disciplines.
Download or read book Managing Maritime Risk in Early Modern Europe written by JAKE. DYBLE and published by Boydell Press. This book was released on 2025-03-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Draws on the rich surviving archives of the Tuscan port of Livorno to explore how General Average worked. Commercial seafaring, both dangerous and with large amounts of capital at stake, was the source of the risk-management institutions that still undergird the global economy today. A key institution of early modern risk management was General Average, a procedure used to redistribute extraordinary costs arising from a maritime venture between all financially interested parties. For example, should one merchant's cargo be jettisoned to lighten a ship in a storm, the loss would be shared pro rata by the shipper and all the cargo-owners. A risk-sharing practice, different from the risk-shifting of marine insurance which became established relatively late, General Average is still in widespread use. This book explores how General Average worked. It reveals the gap between General Average in law and how it worked on the ground. It shows how General Average partitioned a wide array of business costs, thereby performing a significant role in structuring maritime commerce, managing risk and promoting shipping and trade. In addition, the book discusses how far General Average was a feature of a supposedly ancient, universal, customary maritime law, and contributes to debates about the evolution of institutions in economic development.
