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Italy 1500–1800: Cooperation and Competition

In: Marine Insurance

Author

Listed:
  • Andrea Addobbati

Abstract

A new stage in the international development of marine insurance was spurred by the opening of intercontinental trade routes and the gradual shift of the hub of international trade from the Mediterranean to the Atlantic. Having appeared as an autonomous legal instrument in the maritime cities of the Tyrrhenian area (Pisa, Genoa, Palermo), insurance by the late middle ages had spread to most of the Mediterranean, both in the direction of Catalonia (Barcelona, Maiorca, Valencia) and of the Christian Levant (Ragusa), as colonies of Italian merchants transmitted the technical and juridical knowledge developed in their cities to local markets.1

Suggested Citation

  • Andrea Addobbati, 2016. "Italy 1500–1800: Cooperation and Competition," Palgrave Studies in the History of Finance, in: A. B. Leonard (ed.), Marine Insurance, chapter 3, pages 46-77, Palgrave Macmillan.
  • Handle: RePEc:pal:psitcp:978-1-137-41138-9_3
    DOI: 10.1057/9781137411389_3
    as

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