A History of Inventions, Discoveries, and Origins, Volume 1 (of 2)Beckmann, Johann
History
A History of Inventions, Discoveries, and Origins, Volume 1 (of 2)
Beckmann, Johann
Inventions -- History
Insurance was, undoubtedly, not known at the time when the later
Hanseatic maritime laws were framed, else it would have been mentioned
in them. Of these laws there are various editions. One of those most
used is that by Kericke, which is inserted also in Heineccii Scriptorum
de Jure Nautico et Maritimo Fasciculus. Cleirac has given a French
translation of them.
As little respecting insurance is to be found in Il Consolato del Mare.
These maritime laws, highly worthy of notice, were originally written
in the Catalonian dialect; and it seems very probable that they were
drawn up at Barcelona. A part of them appears to have been framed in
the eleventh, but the greater part in the thirteenth century; for the
book itself proves, in more than one place, that they are not all of
the same antiquity. The most correct edition is that published at
Leyden in 1704[701]. Those writers who have pretended that insurance
is mentioned in these Catalonian maritime laws have, perhaps, been
led into this error, because, in an appendix to some of the common
editions, there is a short account of insurance as once practised at
Barcelona. As I have never seen this small treatise, I do not know
whether it contains anything respecting the history of it. The oldest
laws and regulations concerning insurance, with which I am at present
acquainted, are the following.
On the 28th of January 1523, five persons appointed for that purpose
drew up at Florence some articles which are still employed on the
exchange at Leghorn. These important regulations, together with
the prescribed form of policies, which may be considered as the
oldest[702], have been inserted, in Italian and German, by Magens,
in his Treatise on Insurance, Average and Bottomry[703], published
at Hamburgh in 1753. I should have been glad to have found in
Italian authors some information respecting the antiquity of these
regulations[704], a copy of which Magens says he procured from Leghorn;
but I have hitherto sought for it in vain. Straccha however mentions
a Florentine order of June the 15th, 1526, which forbids common
insurance, unless the goods and commodities are specified[705].
There is still preserved a short regulation of the 25th May 1537, by
the emperor Charles V., respecting bills of exchange and insurance,
in which the strictly fulfilling only of an agreement of insurance is
commanded.
In 1549 the same emperor issued an express order, “Op ’t faict van der
zee-vaerdt,” in which occur some articles respecting insurance[706],
and additions were afterwards made to it in 1561.
In the year 1556, Philip II., king of Spain, gave to the Spanish
merchants certain regulations respecting insurance, which are inserted
by Magens, with a German translation, in his work before mentioned.
They contain some forms of policies on ships going to the Indies.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account