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INSURANCE LOSS HISTORY
October 31th 2011
 

The history of insurance losses around since 2250 BC in the Euphrates and Tigris River area (now Iraq). The system adopted for the merchants or ship owners can take the merchandise to be sold to other places without paying the price of goods in advance. The future payment of principal, relationship, coupled with some money in return for the risks that have been borne by the providers of goods. If you find that these items were robbed on the way, traders will be exempted from the requirement. The concept of risk management is now known to modern man as an effort to obtain insurance protection against financial losses resulting from unexpected events.
In addition, since the beginning of the 10th century, fire insurance as insurance losses. In England artisans and merchants group has established cooperation to bear with the loss if the house of one member of the group on fire. The concept of the present age, people who wanted to insure his house from the risk of fire (insured) pays a premium to the insurance company that acts as an underwriter.
The concept of insurance was as old as human civilization itself. That is, the activities of insurance becomes a very important thing in human life. (Kompas.com October 31, 2011)

 
 
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16/08/2013
Revision of the Minister of Agriculture Regulation No. 26/2007 regarding Plantation Business Permit
05/07/2013
LexRegis Trip to Pari Island
18/06/2013
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