An essay on insurance

explaining the nature of the various kinds of insurance practiced by the different commercial states of Europe, and shewing their consistency or inconsistency with equity and the public good. Illustrated by real and extraordinary cases, stated at large, with observations thereon, tending to settle divers doubtful points in making up accounts of losses and averages. To which are annexed, some brief hints to merchants and insurers concerning the risks to which navigation is exposed in time of war; the King of Prussia's exposition in relation to the capture and detention of the ships of his subjects by the English during the late war; the answer from England to it; some remarkable pieces concerning the stopping of ships in former wars; and a famous insurance cause pleaded before the House of lords, and some mercantile observations thereon.

by Nikolaus Magen