This interactive timeline charts the history of the insurance industry from its primitive beginnings in ancient times, to the industry we know today.
- The first written insurance policy appeared on a Babylonian monument with the code of King Hammurabi in 1750 B.C.
- Edmond Halley created the first real Mortality Tables in 1693 and his work contributed heavily to actuarial science.
- It took another 100 years for the insurance industry to establish itself in America and Benjamin Franklin was instrumental in this in 1792.
The History Of Insurance
When Baupost, the $30 billion Boston-based hedge fund now managed by Seth Klarman, was founded in 1982, it was launched with a core set of aims. Q4 2021 hedge fund letters, conferences and more Established by Harvard professor William Poorvu and a group of four other founding families, including Klarman, the group aimed to compound Read More