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Poll Results

Disruptors will re-architect what insurance looks like in 2016

Agree 4
Dis-agree 2

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From The Glossary »

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Insurance History:

Insurance is based on the principle of risk-sharing. An early example of this was worked out by Chinese merchants almost 5 000 years ago - they shared out one another's cargoes among all their boats. Thus, if a boat sank, each merchant lost only a small portion of his own shipment, and no one lost his entire cargo. However, it was only in the 17th century that the first insurance contracts involving monetary amounts came into being in places such ...
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