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Here is a brief overview of the history of insurance: - Ancient origins - Early forms of insurance existed in ancient civilizations like Babylonia, Greece, and Rome through mutual aid societies and trade guilds. Members would pool resources to help each other in times of need. - Marine insurance - The earliest formal insurance contracts were for sea trade in the Mediterranean in the 14th century. This evolved into modern marine insurance to protect merchants from losses at sea. - Growth in Europe - Mar

Author

Satya Reddy

Language

EN