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Since 1736, Hamburg’s price current consistently listed the marine insurance premiums of the Hanseatic Town as well as of many other European ports. Based on the long-term analysis of these quotations over the course of about 120 years, this book sheds light on the factors of influence (such as weather conditions, wars and piracy, to name a few) which interfered with European and intercontinental maritime trade.
The cause of the long-term decline of premium rates and, by extension also of transaction costs is understood as a consequence of both the restoration of security on the high seas after the Napoleonic Wars and the elimination of the last nests of piracy around 1830.
The cause of the long-term decline of premium rates and, by extension also of transaction costs is understood as a consequence of both the restoration of security on the high seas after the Napoleonic Wars and the elimination of the last nests of piracy around 1830.
Price: $159.00
Pages: 420
Publisher: Brill
Imprint: Brill
Series: Brill's Studies in Maritime History
Publication Date:
07 April 2022
ISBN: 9789004345294
Format: Hardcover
Markus A. Denzel, Prof. Dr. (1967), University of Leipzig, is Full Professor of Social and Economic History at the Department of History at that university. He has published monographs and articles especially on commercial, financial, and monetary history of the fourteenth to nineteenth centuries.