The Great Fire of London and the Origins of Fire Insurance: A Brief Note
Queen Mary School of Law Legal Studies Research Paper;246/2016
Queen Mary School of Law Legal Studies Research Paper
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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.
- Department of Law