Jump to ContentJump to Main Navigation
The Value of RiskSwiss Re and the History of Reinsurance$
Users without a subscription are not able to see the full content.

Harold James, Peter Borscheid, David Gugerli, and Tobias Straumann

Print publication date: 2013

Print ISBN-13: 9780199689804

Published to Oxford Scholarship Online: April 2014

DOI: 10.1093/acprof:oso/9780199689804.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 17 November 2019

Introduction

Introduction

Chapter:
(p.146) (p.147) Chapter 6 Introduction
Source:
The Value of Risk
Author(s):

Harold James

Peter Borscheid

David Gugerli

Tobias Straumann

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199689804.003.0007

David Gugerli explores the development of the continental reinsurance industry. He starts with a description of what was perceived to be a reinsurance crisis in the 1960s. Dwindling technical results in motor liability had to be compensated by investment returns. New unknown risks and risks of hitherto unimaginable sizes required know-how which was not readily available. Furthermore, the business of clients, the direct insurers, boomed and reduced their need for extra reinsurance cover. A look at the international meetings of the industry during this time reveals how they were struggling to deal with global challenges and began calling for an industry-wide organization. Against this background the author then sets out to describe the development of continental reinsurance from the mid nineteenth century on as a distinct business model and industry.

Keywords:   Monte Carlo, large risks, industry organization, tariffication

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .