By Frank C. Spooner
This e-book locations the marine coverage enterprise of Amsterdam within the wider context of the political financial system of Europe throughout the moment 1/2 the eighteenth century. The research relies at the simultaneous quotations of charges for the twenty-two teams of locations which shaped an important a part of the commerical matrix of the Netherlands. It considers the operation of the marketplace at degrees. at the one hand, the supply of assurance answered to possibility uncertainties out there: within the 1760s and 1770s, Amsterdam skilled 3 severe unheavals, within the type of the monetary crises of 1763 and 1772-73 and the hostilities resulting in American independence and the Fourth Anglo-Dutch battle. nevertheless, underwriters accredited hazards in events of structural uncertainty. The e-book is absolutely illustrated with graphs and maps and makes use of a variety of unique files drawn from records and libraries in Europe. An appendix offers the elemental information of charges quoted within the price-lists of the industry.
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Extra info for Risks at Sea: Amsterdam Insurance and Maritime Europe, 1766-1780
Example text
In a great port such as Venice, propensities remained alert. 68 Elsewhere, commercial centres with access to the Atlantic grew in competence. To the north, the alter ego of Amsterdam, Hamburg, founded the Verein Hamburger Asseceuradeurs in the 1670s; and the first of the Assekuranz-Compagnien, in 1720. 71 In Copenhagen, similar developments with the important Kongelig Oktroierede S0-Assurance Kompagni established in 1726. At the outset, it provided insurance for the Far East (at annual rates of 8 percent on the hull and 7 percent on specie), Africa, Greenland/Davis Strait and destinations in Europe.
Jac. SCHARFF Jnr. vander LYN Christiaan van NOORLE VALCKENIER en Comp. Pieter ENGELEN en Comp. Jan BRUYN Abrmz. van VOLLENHOVEN Nic. en Jac. van STAPHORST Anthonij MEUNTS Christiaan van ORSOJJ Harman van de POLL SEVERIJN en BRUYN Abraham BRUYN Jansz. deVRIESCIsz. des AMORIES Graph 2. Underwriting in Amsterdam for the Haast U Langzaam Jacobus van de Poll Jan van de Poll en Compagnie Nicolaas en Arend van Staphorst (Arend only from 1768) Valckenier en Compagnie Dirk Versteegh en Zoon The first belonged to the well-established group who survived from 1757 32 The Amsterdam market and marine insurance to 1787.
On average, the differences were not great, but the ability to repeat the performance clearly lay with the Compagnie. This insurance, it should be noted, referred to cargo, not hull, policies. There remains the contribution of Rotterdam, the stand-in for Amsterdam in the 1779 policies. The hull insurance was signed in Rotterdam on 20 July 1779 by Jan Martveldt on behalf of Landsheer and Negre. For the cargo insurance, there were nine underwriters in all. 2,000 and the Societeit van Assurantie for f.