The insurance industry is vast and varied. It can be found in nearly every country in the world, with the earliest references dating back as early as 1750 BC. Modern insurance, however, started around 1686 with Lloyd’s of London and with the U.S. founding its first fire insurance company in 1732. Much of the industry is heavily regulated, has multiple markets (U.S., London, Switzerland, Bermuda, Singapore, and so forth), and covers a plethora of risk … More

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