Risk and reinsurance / Niels Viggo Haueter and Geoffrey Jones -- The cultural context of insurance in the West / Geoffrey Clark -- The evolution of the industry structure / Robin Pearson -- The monetary and financial environment, 1860-2013 / Forrest Capie -- Calculating the unpredictable :...

The outset for this thesis is the contemporary risk management concept of Enterprise Risk Management (ERM). ERM has for the last 20 years been advocated as a technology of managing with a potential impact for the value creation in corporate life. The idea of managing or controlling risk is...