The Code of Hammurabi
Categories
Regulation
Risk
Time
1772 BCE
Locations
Babylonia
The Babylonian King Hammurabi (1792–1750 BCE, according to other sources 1728–1686 BCE) created the so-called "Code of Hammurabi" which contains a legal definition of bottomry, which only had to be repaid if the ship arrived safely. It is regarded as an early example of or possibly the earliest insurance law.
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Categories
Regulation
Risk
Time
1772 BCE
Locations
BabyloniaRelated items
