At the beginning of the 19th century there were in the world 30 insurance companies, respectively 14 in England, 5 in the USA, 3 in Germany, 3 in Denmark, 2 in France and 1 in Switzerland, Holland and Austro Hungary.
In the year 1900 there were about 1272 insurance companies and in 1969 there […]
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Civil responsibility insurance has been founded and practiced for the first time in France and it referred to covering damages caused by horses and carriages owners. The insurance extended as well to the factories owners responsibilities for damages provoked to employees or third persons.
In the USA the sector of insurance was dominated by British […]
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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 […]
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