Dealing in Uncertainty

Insurance in the Age of Finance

Arjen van der Heide (Leiden University)

$195

Hardback

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English

Bristol University Press
01 May 2023

Sociology; Sociology: work & labour; Insurance & actuarial studies; Pensions; Organisational theory & behaviour

Insurance is an important — if still poorly understood — mechanism for dealing with a broad variety of risks associated with modern life.

This book conducts an in-depth examination of one of the largest and longest-established private insurance industries in Europe: British life insurance. In doing so, it draws on over 40 oral history interviews to trace how the sector is changed since the 1970s, a period characterised by rampant financialisation and neoliberalisation.

Combining insights from science and technology studies and economic sociology, this is an unprecedented study of the evolution of insurance practices and an invaluable contribution to our understanding of financial capitalism.

By: Arjen van der Heide (Leiden University)
Imprint: Bristol University Press
Country of Publication: United Kingdom
Edition: Abridged edition
Dimensions: Height: 234mm, Width: 156mm,
ISBN: 9781529221350
ISBN 10: 1529221358
Pages: 208
Publication Date: 01 May 2023
Audience: Professional and scholarly , General/trade , Undergraduate , ELT Advanced
Format: Hardback
Publisher's Status: Active

Chapter 1: Life Insurance in the Age of Finance Chapter 2: Financialization, Quantification and Evaluation Chapter 3: Shifting Boundaries between Insurance and Finance Chapter 4: Actuaries Going on a Random Walk Chapter 5: ‘Authors of Their Own Misfortune’ Chapter 6: ‘Taking Account of What the Market Has To Say’ Chapter 7: Managing Risk in Insurance Chapter 8: The Long Road to Solvency II (and Back Again?) Chapter 9: De-Risking Pensions, Managing Assets Chapter 10: Financial Evaluation and the Future of Insurance Society References

Arjen van der Heide is Researcher at the Netherlands Institute for Social Research. He previously obtained his PhD at the University of Edinburgh and worked as a Postdoctoral Researcher at the Max Planck Institute for the Study of Societies in Cologne.

Reviews for Dealing in Uncertainty: Insurance in the Age of Finance

"""Dealing in Uncertainty makes a major contribution to the history and sociology of insurance. Van der Heide masterfully explains the financialization of the British life insurance industry and the concurrent transformation of the actuarial profession as a process that replaced calculation and expertise with models and markets."" Tom Baker, University of Pennsylvania Carey Law School"