1909

Calcutta
London

United Arab Emirates, United Arab Emirates

India was to become important as a springboard for the spread of insurance into the Far East. The East India Company dominated insurance on the Subcontinent in the 18th and 19th centuries. But underwriting risks in India from a London office was almost impossible, since it could take up to two years to exchange letters. The alternative was to demand higher risk premiums, which at the turn of the 19th century prompted Agency Houses in Calcutta to set up their own insurance, thereby bringing the business further into Asia.

Share this item