1st Edition

The Tontine: A History

By Andrew McDiarmid Copyright 2025
108 Pages
by Routledge

108 Pages
by Routledge

108 Pages
by Routledge

From the last decades of the seventeenth century until the beginning of the twentieth, the tontine, in one form or another, was a ubiquitous financial instrument. As a revenue-raising tool of governments it supported the cost of war, and as a private capital-raising instrument it provided funding for civic improvement and urban development projects. While the tontine is known today mainly... Read more

1.The Tontine: Here, There, and Everywhere

2.The Origins and Early Examples of the Tontine: 1602-1699 

3.Public Tontines in the Eighteenth Century

4.Private Tontines in Great Britain and Ireland, Europe, and North America: 1750-1900

5.The Rise and Fall of Tontine Life Insurance in the United States, 1867-1906

6.The Long Shadow of the Tontine

Index

 

Biography

Andrew McDiarmid earned his PhD from the University of Dundee and attended Yale University's Graduate School of Arts and Sciences. His research focuses on financial history from the early modern period to the twentieth century, with his first monograph on the subject of the Scottish Financial Revolution released in 2023. He is currently the SFI/IRC pathways fellow at University College Dublin, where he is undertaking a major project exploring the history of tontines between the seventeenth and nineteenth centuries.