Kai Umbach: Die Position deutscher Transportversicherer auf dem Weltmarkt 1880–1914

Although the globalisation of insurance has increased greatly since the Second World War, the international insurance market was already well developed before 1914. Of particular importance in this development was ocean and transit marine insurance as it expanded with foreign trade among countries by the end of the 19^th century. Mainly British companies and Lloyd’s (and, perhaps, a small number of Swiss insurers) operated on a world-wide basis by following the extension of cross-border economic transactions.

The question, if a successful strategy of internationalisation, reflecting the rapid progression of Germany’s industrialization process and its remarkable involvement in world-wide trade, was also adopted by German marine insurers in the late 19^th century, shall be discussed, as it is not yet very well reviewed by social and economic history research.

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