Everything has a timeline

TiMELiNES

c. 3000 BCE

Bottomry-like risk sharing appears in ancient trade

Early maritime and caravan trade uses contracts that spread the financial risk of loss.

Canonical milestoneMesopotamia1 timeline

Context

Appears In

TimelineTimeline of Insurance

Position 1

Authority

Sources

Encyclopaedia BritannicaConfidence 96%

Taxonomy

Tags

tradeinsurance