The Hamburg Marine Insurance, 1736–1859
ISBN: 9789004510265
Platform/Publisher: BRILL / BRILL
Digital rights: Users: Unlimited; Printing: Unlimited; Download: Unlimited

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.

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