LEADER 06107nam 2200469 450 001 9910495246503321 005 20220513105743.0 010 $a3-030-74002-1 035 $a(CKB)4100000012008377 035 $a(MiAaPQ)EBC6710538 035 $a(Au-PeEL)EBL6710538 035 $a(EXLCZ)994100000012008377 100 $a20220513d2021 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aRole of reinsurance in the world $ecase studies of eight countries /$fedited by Leonardo Caruana de las Cagigas, Andre? Straus 210 1$aCham, Switzerland :$cPalgrave Macmillan,$d[2021] 210 4$d©2021 215 $a1 online resource (313 pages) 225 1 $aPalgrave Studies in Economic History 311 $a3-030-74001-3 327 $aIntro -- Contents -- Notes on Contributors -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 What Is Reinsurance? -- 1.2 Some Historical Examples -- 1.3 Our Contributions -- 1.4 Final Thoughts -- References -- 2 The Core Countries in Reinsurance -- References -- 3 Reinsurance in America: Regulatory Regimes and Markets -- 3.1 Introduction -- 3.2 America Has Fewer World-Class Reinsurers Than Suggested by Its Large Insurance Market -- 3.3 Relatively Costly and Inappropriate Regulations Forced Reinsurance into Other Channels -- 3.4 America's Too Numerous State Insurance Regulators Treated Reinsurers as Direct Writers and Clung Tenaciously to the Monoline Model -- 3.5 The Reinsurance Company of New York Case Shows the Difficulties Faced by American Reinsurers -- 3.6 U.S. Reinsurance Regulation Remained Relatively Costly After World War II -- 3.7 U.S. Reinsurers Trailed Market Leaders Based in Bermuda and Europe, Spurring Market-Based Innovations -- 3.8 In the Future, ARTM May Displace Reinsurance as the Best Way to Spread Risk Globally -- References -- 4 Reinsurance in the Netherlands from 1800 till 1950: A Failure? -- 4.1 A Missed Opportunity? -- 4.2 Co-Insurance and Reinsurance -- 4.3 Between Germany and England -- 4.4 Reinsurance and Life Insurance -- 4.5 Networking and Unequal Exchange -- 4.6 Collective Action and Nationalization -- 4.7 Uncommon Risks as Exemplar -- 4.8 Reinsurance Between the First and Second World War -- 4.9 Life and Fire: A Summarily Comparison -- 4.10 Assessment -- References -- 5 The Rise and Fall of Swedish Non-Life Reinsurance -- 5.1 Introduction -- 5.2 The Early Reinsurance Business -- 5.3 San Francisco and World War I -- 5.4 Reorganizing Reinsurance After World War II and the Merger Waves -- 5.5 Expansion of Reinsurance in 1970s and 1980s -- 5.6 Closing Down the Reinsurance Business -- 5.7 Conclusion. 327 $aReferences -- 6 The Ups and Downs of French Reinsurance in the Twentieth Century -- 6.1 The Reinsurance Market Between Two Worlds Wars -- 6.2 French Reinsurance from the Second World War -- References -- 7 Currency Constraints, Risk Spreading Regulation, and the Corporate Demand for Reinsurance: A National Reinsurance Market in the Spanish Autarky (1940-1959) -- 7.1 Introduction -- 7.2 The Spanish Insurance Market in 1940 and the New Regulatory Framework for the Reinsurance Business -- 7.3 Corporate Networks and Risk Management Strategies: A National Reinsurance Market in Spain? -- 7.4 An Empirical Approach to the Actual Effect of Corporate Networks on the Performance of Insurance Firms -- 7.5 The First Steps Toward the Liberalization and the Re-opening to the International Reinsurance Market -- 7.6 Conclusions -- References -- 8 The Role of Foreign Reinsurance in the Setting of Insurance in Spain (1960-2000) -- 8.1 Introduction -- 8.2 The Relevance of Foreign Reinsurance Companies in the Development of Spanish Insurance Companies -- 8.3 The Instituto Nacional de Industria -- 8.4 The Insurance Company of INI: MUSINI -- 8.5 Conclusion -- Appendix -- References -- 9 Few and Small: The Reinsurance Industry in Italy in the Twentieth Century -- 9.1 Introduction -- 9.2 Few, Small and Subsidiary -- 9.3 A Neglected Branch Within the National Insurance Industry -- 9.4 Why Did the Reinsurance Sector Not Develop in Italy? -- 9.5 Conclusion -- References -- 10 Government Intervention in Rural Insurance and Reinsurance Markets in Mexico: 1940-2000 -- 10.1 Introduction -- 10.2 Precedents of the Insurance Industry in Mexico -- 10.3 Early Attempts at Rural Insurance in the Twentieth Century -- 10.4 The Aseguradora Nacional Agri?cola Y Ganadera (Anagsa) -- 10.5 Financial Reform, State Reform, and the Creation of Agroasemex -- 10.6 Concluding Remarks -- References. 327 $a11 The Introduction of Life Reinsurance in Japan Before WWII -- 11.1 Background and Research Questions -- 11.2 'Spanish Flu' and Promotion of Life Reinsurance Business -- 11.3 Reinsurance Plan of Munch Re and a Response of the Japanese Life Insurers -- 11.4 Provisional Reinsurance Contract of a Japanese Life Insurance Company with a Foreign Insurer -- 11.5 Introduction of Life Insurance for Substandard Risks -- 11.6 Historical Lessons from the Introduction of Life Reinsurance Before WWII -- References -- 12 Conclusions: Reinsurance, Politics, and Missed Opportunities -- 12.1 Path Dependency -- 12.2 Reinsurance Versus Alternative Risk Sharing -- 12.3 Reinsurance and Autarky -- 12.4 Politics and Limits of Insurability -- 12.5 Free Markets -- 12.6 Special Risks -- 12.7 What Difference Did Reinsurance Make? -- 12.8 Final Remarks -- Bibliography -- Index. 410 0$aPalgrave studies in economic history. 606 $aReinsurance 606 $aReinsurance$vCase studies 615 0$aReinsurance. 615 0$aReinsurance 676 $a368.0122 702 $aStraus$b Andre? 702 $aCaruana de las Cagigas$b Leonardo 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910495246503321 996 $aRole of Reinsurance in the World$91949683 997 $aUNINA