Q. What concept did many civilizations practice in relation to insurance?

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Q. What is the main reason behind the idea of insurance?

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Q. Which traders paid extra money to their lenders to write off loans if shipments were lost or stolen?

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Q. In which societies did Greeks and English people practice advance payment to take care of family members who died?

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Q. What did traders of Rhodes do to share losses if any of them lost their goods due to jettison?

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Q. Where did the origins of modern commercial insurance start?

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Q. Which company is considered to be the first life insurance company in the world?

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Q. When did modern insurance in India begin?

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Q. Which was the first life insurance company to be set up in India?

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Q. Which was the first Indian insurance company?

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Q. Which is the oldest insurance company in India?

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Q. When was the Insurance Act 1938 passed in India?

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Q. When was the life insurance business nationalized in India?

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Q. When was the non-life insurance business nationalized in India?

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Q. Which committee recommended the opening of the insurance market for competition in India?

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Q. When was the insurance market in India liberalized?

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Q. What is the role of the Insurance Regulatory and Development Authority of India (IRDAI)?

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Q. What is the maximum percentage of paid-up equity capital that foreign investors are now allowed to hold in an Indian insurance company?

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Q. What type of insurance can foreign insurers now establish branches for in India?

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Q. How many life insurance companies are currently operating in India?

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