MANAGEMENT

Though there are different orguement about origin of insurance its present form is assumed to be started form 12th century marine insurawnce is the oldest and orginal form of insurance in ancient times when when most of the international trade was done through sea route to mainimize risk on the transit concept of insurance was born general average and bottomry bond are two different from of initial marine insurance
fire insurance is another from of insurance conceptudize after great fire happenning in london in 1666 life insurance started form 18th century during 19th century and then after other forms of insurance like ficlelity insurance accidental thift crop etc were develop.