The Industry from the End of the Victorian Era to 1914

Robert L. Carter and Peter Falush
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Robert L. Carter: University of Nottingham

Chapter 1 in The British Insurance Industry Since 1900, 2009, pp 3-14 from Palgrave Macmillan

Abstract: Abstract The British insurance industry at the beginning of the twentieth century (the end of the Victorian era) was undoubtedly the most developed in the world, looking back on a history dating from the sixteenth century, with immense achievements in both life and general insurance. The successful evolution of this sector was made possible by the combination of Britain’s scientific, industrial, commercial and imperial achievements, the building of which commenced well before the Industrial Revolution in the late eighteenth and early nineteenth centuries. This advantage was reinforced after the Napoleonic War by the expansion of Britain’s colonial empire, which reached across the world by the start of the twentieth century.

Keywords: Specialist Company; Expense Ratio; Marine Insurance; Premium Income; Fire Insurance (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-23952-4_1

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DOI: 10.1057/9780230239524_1

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