The Paradox of British Insurance
Explore how Britain's stable environment led to an obsession with insurance, from maritime trade to actuarial science.
Explore how Britain's stable environment led to an obsession with insurance, from maritime trade to actuarial science.
Explore the evolution of financial security through the rise of insurance and pension funds in 18th century Scotland.
Scotland's 18th-century mathematicians and theologians pioneered modern insurance with sound actuarial and financial principles.
The origins of insurance are rooted in human societies' need to cope with uncertainty, from early agricultural communities developing resource hoarding and communal sharing strategies to modern-day collective security.
Explore the evolution of risk management from ancient civilizations to modern societies, highlighting key figures, concepts, and historical events that have shaped our understanding of uncertainty.