Genoa, 1343: first fintech? How insurance kept traders rich
Автор: Financial History Verified
Загружено: 2025-05-29
Просмотров: 117
Описание:
The world's first insurance policy was issued in the city-state of Genoa, in 1343. Was this an early fintech? Today, insurance is relevant to individual investors (and traders) to manage risk, but only in some asset classes. This video shows which asset classes can be protected by insurance. Caution: CDS is not insurance, it is a derivative with an insurance gist!
0:00 Intro
0:57 Insurance in ancient times
1:45 The rise of Genoa in the 900s
2:53 The world's first insurance policy on 13/12/1343
3:40 Marine insurance takes over Europe
4:42 Our verified sources
5:24 Takeaways for today's individual investors - how to manage risk with insurance
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