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The topic Foundations and Evolution of Insurance explores the historical roots, principles, and transformation of insurance as a financial safeguard against risk. It examines how insurance emerged from early risk-sharing practices, evolved through legal and economic frameworks, and developed into modern systems that support individuals, businesses, and societies.
This lecture is part of FIN 202 Principles of Insurance in the Banking and Finance department. The course has 9 recorded lectures across 3 series, all free to watch. Read or download the FIN 202 lecture note to study alongside the video.