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fme_944049 - INSURANCES Médaille, Les prévoyants de l’avenir

INSURANCES Médaille, Les prévoyants de l’avenir AU
33.00 €(Approx. 37.62$ | 28.38£)
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Type : Médaille, Les prévoyants de l’avenir
Date: 1889
Metal : brass
Diameter : 70,5 mm
Orientation dies : 12 h.
Weight : 9,44 g.
Edge : lisse
Rarity : R2
Coments on the condition:
Traces de nettoyage. Présence de rayures dans les champs
Catalogue references :

Obverse


Obverse legend : LES PREVOYANTS DE L’AVENIR / SOCIETE CIVILE DE RETRAITE.
Obverse description : Un lion couché / FONDEE A PARIS LE 12 DECEMBRE 1880.

Reverse


Reverse legend : SOUVENIR / DE LA FETE / COMMEMORATIVE / DONNEE EN L’HONNEUR / DE SES 100.000 / SOCIETAIRES / ST CLOUD / 18 AOUT 1889.
Reverse description : dans deux cadres posés l’un au-dessus de l’autre sous un lion.

Commentary


Diamètre sans bélière ni suspension : 29,5 mm.

Historical background


INSURANCES

Under the Old Regime, insurance was above all maritime. It is a contract by which an individual undertakes to repair the losses linked to a shipwreck, for a certain sum which is paid to him in advance.. Thus, for example, we see that in the 18th century, in Bordeaux, maritime insurance was concentrated in the hands of a few large shipowners such as François Bonnaffé. An order of 1681 leaves the greatest freedom in the relationship between insurers and insured, hence the multiplication of players on the market. Still in Bordeaux, we then see the intervention of Parisian, Dutch and English companies. . . Non-maritime insurance became popular late (middle of the 18th century). They most often offer a guarantee against fire. Example: the general insurance company obtained the privilege of Louis XV in 1753 for the guarantee of maritime trade and to insure houses against fire. In the 19th century, we witness the emergence of countless companies, often specialized in very specific sectors, which will allow the development of the economy by pooling risks.. They are complemented by mutual associations and mutual aid.

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