In which country was the earliest insurance company established in the world?

In which country was the earliest insurance company established in the world? In what era? Britain is one of the developed countries in the insurance industry. This country attaches great importance to the development of marine insurance. As early as 1568 and 65438+February, the Royal Exchange was allowed to be established in London, specializing in the market of marine insurance transactions. 1575, in order to further improve the trading order, the British government specially approved the establishment of insurance companies on the Royal Exchange, implemented the registration system of marine insurance policies, and required the standardization of insurance clauses, thus promoting the smooth development of the insurance business of the Royal Exchange and increasing its influence. By the beginning of17th century, many businessmen engaged in ship insurance and cargo transportation insurance gathered around the Royal Exchange to handle cargo insurance for ships from all over the world or passing through London. At this time, Britain promulgated the first maritime insurance law and established an insurance arbitration court to deal with the increasing maritime insurance disputes and strengthen supervision. References:

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Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.