Which country did insurance originate from? How many years ago?

It has always been a controversial issue which country insurance originated from: some people say that modern insurance originated from China, more than 3,000 years ago, while others say that insurance originated from the Greek island of Rhodes, more than 2,000 years ago.

1, China's origin theory:

In three or four thousand BC, China businessmen applied the principle of risk dispersion to the transportation of goods. When the escort agency carries the goods, it will issue a "escort bill" and charge a fee. After the goods arrive at the destination, the consignee shall sign the date and seal on the waybill after acceptance according to the waybill, and hand it over to the escort for formalities. These procedures of escort agencies are basically the same as those of modern insurance.

At first, modern insurance was not born for profit. With the development of economy, the form of insurance is slowly evolving and developing.

2. The origin theory of Rhode Island in Greece:

The world's first insurance policy appeared in Pisa, and the interest on risky loans was similar to today's insurance premium. In the Middle Ages, Recchia, a mutual aid organization established in ancient Rome, formulated the Maritime Code of Rhodesia to provide funeral subsidies, charging merchants 24-36% as a reserve fund.

From 260 BC to 146 BC, this is the origin of marine insurance, which is the bud of life insurance. In the Mediterranean island of Rhode Island, Italy has taken risks in lending.

At that time, maritime trade rose, but ships frequently crashed. In order to prevent losses caused by various reasons in maritime trade, shipowners and cargo parties share risks, resulting in a contract mode of "general average", also known as "marine insurance".

Businessmen sailing in the Mediterranean often abandon some goods when they are shipwrecked, and the losses are shared by all parties, forming the principle of "one person owns all, one person owns all" and becoming the bud of marine insurance.

BC 133, which was the origin of marine insurance, stipulated that a shipowner suffered losses. In order to solve the problem of military transportation, the ancient Romans shared all the beneficiaries of the goods on board, including the shipowner, during the Punic War.

In 9 16 BC, the leader of the organization received another 5 ounces per month, people who joined the organization 100 ounces, and a respectful bottle of sake. Modern insurance system was born and accumulated into provident fund, but it declined because of high interest rate.