000			03094nam a2200433Ii 4500
001			9781787569775
003			UtOrBLW
005			20210303084920.0
006			m o d
007			cr un|||||||||
008			180917s2018 enk ob 001 0 eng d
020			_a9781787569775 (e-book)
040			_aUtOrBLW _beng _erda _cUtOrBLW
043			_ae-mm---
050		4	_aHG8051 _b.Z36 2018
072		7	_aK _2bicssc
072		7	_aBUS000000 _2bisacsh
080			_a336.7
082	0	4	_a368 _223
100	1		_aZammit, Mark Laurence, _eauthor.
245	1	4	_aThe development of the Maltese insurance industry : _ba comprehensive study / _cMark Laurence Zammit, Jonathan Spiteri, and Simon Grima (Faculty of Economics, Management and Accountancy, Insurance Department, University of Malta, Malta).
264		1	_bEmerald Publishing Limited,
300			_a1 online resource (xix, 156 pages) ; _ccm
500			_aIncludes index.
504			_aIncludes bibliographical references.
520			_aMalta is the only country in the European Union, and one of only six countries in the world, that has not had a banking crisis since the 1970s. Despite its lack of raw materials, Malta currently has one of the lowest rates of unemployment and inflation in the EU, as well as a positive GDP. Yet there are only a few studies on the development of the industry that contributes most to its economy, the financial services industry. Drawing upon empirical findings, archival research, and interviews, Zammit, Spiteri, and Grima fill a major gap in the literature by delivering a study of the development of the Maltese insurance industry. The authors collect literature and insights from prominent figureheads in order to outline the history of this major sector of the Maltese economy, tracing its roots back to the earliest inhabitants of the island, through to the expansion of its maritime trade, and working right up to the present with the emergence of more complex and sophisticated insurance services and products. The success of Malta's specific risk-management practices, generally characterized by risk-avoidance and prudence, is shown to have implications beyond Maltese financial policy and regulatory development: it offers concrete guidance from a small-scale "laboratory" for the complex policy and development decisions of larger nations. This study is of interest to students and academics of insurance, risk management, and financial services, and it offers food for thought and guidance to practitioners and policy makers.
588	0		_aPrint version record
650		0	_aInsurance _zMalta.
650		7	_aBusiness & Economics _xGeneral. _2bisacsh
650		7	_aEconomics, finance, business & management. _2bicssc
700	1		_aSpiteri, Jonathan, _eauthor.
700	1		_aGrima, Simon, _eauthor.
776			_z9781787569782
856	4	0	_uhttps://www.emerald.com/insight/publication/doi/10.1108/9781787569775
999			_c30053 _d30053