Lokale organisasjoner uten en nasjonal overbygning: Brannkassene 1816–1914
Abstract This article analyses the establishment and successful diffusion of fire insurance mutuals in the Norwegian countryside between 1816 and World War I. Prior to the establishment of fire insurance mutuals, the only means of fire insurance of farm houses and farm outbuildings for N...
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| Format: | Article |
| Language: | Norwegian Bokmål |
| Published: |
Scandinavian University Press
2018-01-01
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| Series: | Heimen |
| Online Access: | https://www.idunn.no/heimen/2018/01/lokale_organisasjoner_uten_en_nasjonal_overbygning_brannka |
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| _version_ | 1850273589676212224 |
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| author | Harald Espeli |
| author_facet | Harald Espeli |
| author_sort | Harald Espeli |
| collection | DOAJ |
| description | Abstract
This article analyses the establishment and successful diffusion
of fire insurance mutuals in the Norwegian countryside between 1816
and World War I. Prior to the establishment of fire insurance mutuals,
the only means of fire insurance of farm houses and farm outbuildings
for Norwegian peasants and farmers was the state fire insurance
company, Norges Brannkasse. Although the Norwegian fire insurance
market was the most open in Europe, foreign insurance companies
restricted themselves to insurance of chattels and stocks. However,
their premiums were too expensive for peasants and farmers, who
developed local fire insurance mutuals based on apportioned liability.
They were mostly run by unpaid or symbolically remunerated elected
representatives creating small administrative costs. The fire insurance
mutuals also proved effective in coping with the challenges of moral
hazard and asymmetric information. Thus, fire damages were lower
than in Norges Brannkasse. From 1890s the fire insurance mutuals
insured larger values than Norges Brannkasse in the countryside.
Thus, the fire insurance mutuals played an important role in the
economic modernization of the countryside until World War I. |
| format | Article |
| id | doaj-art-06d808380924409da61e3d49b3b0e80b |
| institution | OA Journals |
| issn | 0017-9841 1894-3195 |
| language | Norwegian Bokmål |
| publishDate | 2018-01-01 |
| publisher | Scandinavian University Press |
| record_format | Article |
| series | Heimen |
| spelling | doaj-art-06d808380924409da61e3d49b3b0e80b2025-08-20T01:51:27ZnobScandinavian University PressHeimen0017-98411894-31952018-01-015573010.18261/issn.1894-3195-2018-01-0218948693Lokale organisasjoner uten en nasjonal overbygning: Brannkassene 1816–1914Harald EspeliAbstract This article analyses the establishment and successful diffusion of fire insurance mutuals in the Norwegian countryside between 1816 and World War I. Prior to the establishment of fire insurance mutuals, the only means of fire insurance of farm houses and farm outbuildings for Norwegian peasants and farmers was the state fire insurance company, Norges Brannkasse. Although the Norwegian fire insurance market was the most open in Europe, foreign insurance companies restricted themselves to insurance of chattels and stocks. However, their premiums were too expensive for peasants and farmers, who developed local fire insurance mutuals based on apportioned liability. They were mostly run by unpaid or symbolically remunerated elected representatives creating small administrative costs. The fire insurance mutuals also proved effective in coping with the challenges of moral hazard and asymmetric information. Thus, fire damages were lower than in Norges Brannkasse. From 1890s the fire insurance mutuals insured larger values than Norges Brannkasse in the countryside. Thus, the fire insurance mutuals played an important role in the economic modernization of the countryside until World War I.https://www.idunn.no/heimen/2018/01/lokale_organisasjoner_uten_en_nasjonal_overbygning_brannka |
| spellingShingle | Harald Espeli Lokale organisasjoner uten en nasjonal overbygning: Brannkassene 1816–1914 Heimen |
| title | Lokale organisasjoner uten en nasjonal overbygning:
Brannkassene 1816–1914 |
| title_full | Lokale organisasjoner uten en nasjonal overbygning:
Brannkassene 1816–1914 |
| title_fullStr | Lokale organisasjoner uten en nasjonal overbygning:
Brannkassene 1816–1914 |
| title_full_unstemmed | Lokale organisasjoner uten en nasjonal overbygning:
Brannkassene 1816–1914 |
| title_short | Lokale organisasjoner uten en nasjonal overbygning:
Brannkassene 1816–1914 |
| title_sort | lokale organisasjoner uten en nasjonal overbygning brannkassene 1816 1914 |
| url | https://www.idunn.no/heimen/2018/01/lokale_organisasjoner_uten_en_nasjonal_overbygning_brannka |
| work_keys_str_mv | AT haraldespeli lokaleorganisasjonerutenennasjonaloverbygningbrannkassene18161914 |