Royal Exchange Assurance. A history of British insurance, 1720-1970

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  • Name Securities investment practice & process

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Scholarly commissioned history of the firm set within the context of the history of the British insurance industry - 'it is ... both a business and an industrial history. Given the nature of insurance, it is also an investigation of social change and the role of personal relationships in business change'. The post 1914 period is relatively lightly treated, marine insurance largely not covered as are technical aspects of insurance. Fire and life especially covered. Organised in five parts: 1] 'Pre industrial development - insurance in the eighteenth century' - 'Origins of a corporation - insurance and company promotion in the early eighteenth century' / 'Creating a corporation - the organisation of the Royal Exchange Assurance, 1719-21' / 'Growth and capital in eighteenth century insurance' / 'Competition and harmony in eighteenth century fire insurance'; 2] 'British insurance in a period of economic growth, 1780-1870' - 'Growth of fire and life insurance to 1870' / 'Transformation of British fire and life insurance - competition and control in the nineteenth century' / 'Royal Exchange Assurance in the early nineteenth century - fire underwriting' / 'Royal Exchange Assurance in the early nineteenth century - life underwriting' / 'Privilege and competition - marine insurance and the Royal Exchange Assurance to 1870'; 3] 'Drive to industrial maturity, 1870-1914' - 'Growth of insurance underwriting, 1870-1914' / 'Development of the Royal Exchange Assurance, 1870-1914' / 'Implications of industrial growth - competition, control and amalgamation on insurance, 1870-1914'; 4] 'Capital and corporation, 1800-1914' - 'Investment funds and capital markers, 1800-1914' / 'Organisation and management to 1914' / 'The establishment, 1838-1914' / 'Corporate presence - the Royal Exchange in the nineteenth century'; 5] 'War and social change. Insurance in the twentieth century' - 'Insurance in an age of violence, 1912-20' / 'British insurance between the wars' / 'Development of the Royal Exchange Assurance between the wars' / 'A world wide business - the Royal Exchange Assurance overseas, 1890-1939' / 'Organisation and control, 1917-39' / 'Royal Exchange Assurance since 1939' / Conclusion - enterprise and tradition. Much also on the Atlas Assurance Co Ltd; Car & General Insurance Corp Ltd; Motor Union Insurance Co Ltd