The evolution of a global risk network. Verkkothis chapter illustrates the evolution of insurance. The earliest known instance of insurance dates back to the babylonian period circa 2250 bc, when the. Many risks face the global insurance industry today, including the aging populations of developed countries, competition from other financial. Verkkothe articles of this special issue illustrate that insurance cannot be reduced to a western invention. Verkkothe knox county sheriff’s office has placed a criminal arrest warrant for first degree murder for jason lamont young, 23, of knoxville. Young is wanted in connection. Verkkothe earliest known instance of insurance dates back to the babylonian period circa 2250 bc , when the babylonians developed a type of loan insurance for maritime. Verkkoin february 2022, the inaugural mckinsey global insurance report offered a comprehensive overview of the challenges and opportunities facing. Verkkothis introductory chapter begins by setting out the book's purpose — to show how european emigrants and insurance companies exported the concept of insurance.