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Encyclopedia Dubuque

www.encyclopediadubuque.org

"Encyclopedia Dubuque is the online authority for all things Dubuque, written by the people who know the city best.”
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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.




Category:Insurance

From Encyclopedia Dubuque
Revision as of 02:49, 13 March 2011 by Randylyon (talk | contribs) (New page: INSURANCE. Insurance as it is known today was practiced by Chinese and Babylonian traders in the 3rd and 2nd centuries BC, respectively. Chinese merchants crossing treacherous river rapid...)
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INSURANCE. Insurance as it is known today was practiced by Chinese and Babylonian traders in the 3rd and 2nd centuries BC, respectively. Chinese merchants crossing treacherous river rapids would redistribute their wares across many vessels to limit the loss due to any single vessel's capsizing. Babylonians developed a system recorded in the famous Code of Hammurabi, c. 1750 BC, and practiced by early Mediterranean sailing merchants. If a merchant received a loan to fund his shipment, he would pay the lender an additional sum in exchange for the lender's guarantee to cancel the loan should the shipment be stolen or lost at sea.

In Dubuque, individuals and companies involved with insurance have included:

Pages in category "Insurance"

The following 200 pages are in this category, out of 501 total.

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