The Atlantic Monthly, volume 18, No. 107, September, 1866
The Atlantic Monthly, volume 18, No. 107, September, 1866
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Babbage among others, use the words "assurance" and"insurance" as having distinct meanings; but with all underwriters atthis day they are considered synonymous.
Insurance in the first instance was exclusively maritime, and greatefforts have been made to prove its antiquity. Some have endeavored, byappeals to Livy, Suetonius, Ulpian, and Cicero, to show that insurancewas in use in ancient Rome, and that it was invented at Rhodes athousand years before the Christian era; while others claim that i...texisted at Tyre, Carthage, Corinth, Athens, and Alexandria.
There is little doubt, however, that it was first practised by theLombards, and was introduced into England by a Lombard colony, which inthe thirteenth century settled in London, and controlled entirely theforeign trade of the kingdom. After the great fire in London, in 1666, the protection hitherto afforded by insurance to ships only was extendedto goods and houses; and insurance as a contract of indemnity wassubsequently extended to human life.
What to read after The Atlantic Monthly, volume 18, No. 107, September, 1866?
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To quickly assess the difficulty of the text, read a short excerpt:
Babbage among others, use the words "assurance" and"insurance" as having distinct meanings; but with all underwriters atthis day they are considered synonymous.
Insurance in the first instance was exclusively maritime, and greatefforts have been made to prove its antiquity. Some have endeavored, byappeals to Livy, Suetonius, Ulpian, and Cicero, to show that insurancewas in use in ancient Rome, and that it was invented at Rhodes athousand years before the Christian era; while others claim that i...texisted at Tyre, Carthage, Corinth, Athens, and Alexandria.
There is little doubt, however, that it was first practised by theLombards, and was introduced into England by a Lombard colony, which inthe thirteenth century settled in London, and controlled entirely theforeign trade of the kingdom. After the great fire in London, in 1666, the protection hitherto afforded by insurance to ships only was extendedto goods and houses; and insurance as a contract of indemnity wassubsequently extended to human life.
What to read after The Atlantic Monthly, volume 18, No. 107, September, 1866?
You can find similar books in the "Read Also" column, or choose other free books by Various to read onlineMoreLess
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