Report on Status of Marine Insurance in the United States, 1920 (Classic Reprint) - Softcover

Inhaltsangabe

Discover how marine insurance underpins early 20th‑century commerce and protects international trade. This historical report explains why marine insurance is essential to modern overseas commerce, how it indemnifies losses, and how it supports ships, cargoes, and freight through a broad range of perils and financial instruments. The book also explores how certificates and open contracts became central to financing global trade, and why insurance is described as a "transportation insurance" tool.

Structured for readers seeking a clear view of the field, this edition outlines the economic functions of marine insurance, the role of underwriters, and the interplay between insurers, shippers, and creditors. It covers reinsurance, claims settlement, arbitration, and the motives behind spreading risk. It also examines the different kinds of marine underwriters’ associations and how they influence rate practices and industry standards.

• How marine insurance supports overseas commerce and financing


• Key concepts like reinsurance, open policies, and certificates


• The role of underwriters’ associations and rate-making practices


• Historical context for the U.S. marine insurance industry and its international links

Ideal for readers of maritime history, insurance professionals, and students studying commercial law or economic history.

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