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fme_770860 - INSURANCES Médaille de récompense, Sécurité sociale dans les mines

INSURANCES Médaille de récompense, Sécurité sociale dans les mines AU
70.00 €(Approx. 82.60$ | 60.90£)
Quantity
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Type : Médaille de récompense, Sécurité sociale dans les mines
Date: n.d.
Metal : bronze
Diameter : 68,5 mm
Orientation dies : 12 h.
Weight : 168,95 g.
Edge : lisse + corne BRONZE
Puncheon : corne BRONZE
Coments on the condition:
Patine hétérogène, de l’usure sur les reliefs. Présence de quelques coups et rayures
Catalogue references :
Predigree :
Collection Jean-Paul Saillard

Obverse


Obverse legend : SECURITE SOCIALE DANS LES MINES.
Obverse description : Trois personnages et un enfant dans le creux de deux mains. Signé : REVOL.

Reverse


Reverse legend : H. EMEDY / ADMINISTRATEUR / S. S. M. DE LA BASSE NORMANDIE.
Reverse description : Légende en 3 lignes sous un pylône et une machine.

Commentary


La médaille fut remise à H. Emedy, administrateur de la Sécurité Sociale des Mines de la Basse Normandie.
The medal was awarded to H. Emedy, administrator of the Social Security of the Mines of Lower Normandy

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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