The Great Fire of London and the Origins of Fire Insurance: A Brief Note
5 Pages Posted: 26 Oct 2016
Date Written: October 24, 2016
The Great Fire of London in 1666 reshaped the architecture of London and was a factor in establishing the City as a place of financial innovation. Fire insurance did not emerge immediately after that event because of the difficulties in establishing a viable scheme. Nevertheless, the fire and the enthusiasm for financial speculation brought various experiments that eventually led to relatively sophisticated fire insurance schemes.
Keywords: Fire Fire insurance History
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