Insurance comes from fortune telling _ the root of insurance.

What is the mathematical basis of insurance?

1. Probability theory and law of large numbers are the mathematical basis of insurance.

Second, the development of commodity economy makes everyone aware of the necessity of insurance, but how much to insure, what to insure and how to compensate are all problems that need to be solved. Risk is probabilistic, which means it may or may not happen.

Third, this randomness and uncertainty is the mathematical basis for realizing insurance. Using the probability principle of the law of large numbers, we can find the regularity of the random occurrence of risks, accurately predict the probability of the occurrence of risks and the actual loss results, calculate the insurance premium, and thus reasonably determine the insurance premium rate, so as to balance the local insurance premium and loss compensation collected during the insurance period, maintain the stability of the insurance company's operation, and provide better and more sustainable security services for the insured.

4. Insurance refers to the commercial insurance behavior that the applicant pays the insurance premium to the insurer according to the contract, and the insurer is liable for the property losses caused by the possible accidents agreed in the contract, or when the insured dies, is disabled, falls ill or reaches the age and time limit agreed in the contract, the insured is liable for paying the insurance premium. From the perspective of economics, insurance is a financial arrangement to share unexpected losses; From the legal point of view, insurance is a contractual act, a contractual arrangement in which one party agrees to compensate the other party for losses; From a social point of view, insurance is an important part of the social and economic security system and a "subtle stabilizer" for social production and social life; From the perspective of risk management, insurance is a method of risk management.

5. Insurance comes from offshore loans. In the Middle Ages, high-risk loans appeared in Italy. The interest rate of high-risk loans is similar to today's insurance premium, but the interest rate has dropped because its high interest rate is forbidden by the church.

1384. The world's first insurance policy appeared in Pisa, and the modern insurance system was born. From the rudiment of mutual assistance, insurance has gradually developed into risk-taking loans, marine insurance contracts, marine insurance, fire insurance and life insurance, and has gradually developed into modern insurance.

Seven, 1. /kloc-in the 0/7th century, after the European Renaissance, British capitalism developed greatly. After large-scale colonial plunder, Britain has increasingly developed into a British empire with monopoly advantages in world trade and shipping, which provides conditions for British businessmen to carry out worldwide marine insurance business. The insurance broker system also came into being.

2./kloc-In the middle of the 0/7th century, Edward Lloyd opened Lloyd's Cafe on the Thames, which became a place for people to exchange shipping information, buy insurance and talk about business news. Then he opened an insurance company in the cafe.

3. 1696, Lloyd's Cafe moved to London Financial Center and became the predecessor of Lloyd's. The current fire insurance system originated in Britain.

1On September 2, 666, a fire broke out in London (see London Fire). More than half of the cities were burnt down, with a loss of about120,000 pounds, and 200,000 people were homeless. Because of the lessons of fire, the concept of insurance has gradually taken root in people's hearts.

5. 1667, the dentist Nicholas baben opened personal insurance and house fire insurance in London. The first company specializing in family fire insurance appeared, and the number of fire insurance companies increased gradually, from 186 1 to 19 1 1, and there were 567 registered fire insurance companies in Britain.

6. 1909 The British government restricted and supervised fire insurance through laws, which promoted the normal development of fire insurance business. Insurance organizations such as "widow's annuity system" and "orphan and widow's insurance association" established in Britain from 65438 to 0688 all realized life insurance.