Jump to ContentJump to Main Navigation
Corporate Forms and Organizational Choice in International Insurance$
Users without a subscription are not able to see the full content.

Robin Pearson and Takau Yoneyama

Print publication date: 2015

Print ISBN-13: 9780198739005

Published to Oxford Scholarship Online: December 2015

DOI: 10.1093/acprof:oso/9780198739005.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 01 March 2021

The World Insured South Africa

The World Insured South Africa

Early Insurance Activities of Insurance Companies in South Africa, 1820–1910

(p.145) 7 The World Insured South Africa
Corporate Forms and Organizational Choice in International Insurance

Grietjie Verhoef

Oxford University Press

This chapter investigates the roots of the first insurance companies in the Cape Colony and other British colonies in southern Africa. Most were branches of British firms and firms from other British colonies. The chapter explores the early entrepreneurial incentives in the industry and the forms of organization chosen by the early insurance concerns. The form of organization and the nature of the business were closely linked to settler cohesion and the ability to address risk in non-matured markets. Mutual forms of organization, which appeared most successfully in life insurance, seemed linked to emerging settler consciousness, activism, and trust. By contrast, short-term insurance experienced strong competition from well-established international companies, with a strong capital base and institutional and organizational capabilities.

Keywords:   life assurance, entrepreneurs, mutuality, fire insurance, branch networks, settler activism, trust, Cape Colony

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .