Insurance Teacher

In the year 1678 Wilhelm Leibniz elaborated the plan according to which an insurance house was founded against fire and water risks whose activity was based on yearly contribution payment. Insurance against hail risk has been introduced for the first time in Scotland at the end of the 18th century.

In the year 1832, Albert Masius founded in Leipzig, the first great German society for cattle insurance, based on the mutuality principle.

Travelers’ traffic development on the railway lead to the occurrence in England of the first insurance company specialized in this domain, in the middle of the 19th century.

Sea insurance and insurance against fire risk were underlined by founding in Trieste, in the year 1822, of the society Assienda Assiguratrice.

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