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Which historical event led to the birth of modern insurance as we know it today?
A. The Great Fire of London in 1666
B. The sinking of the RMS Titanic in 1912
C. The San Francisco earthquake of 1906
D. The invention of the printing press in the 15th century

Sagot :

A. The Great Fire of London in 1666

The historical event that led to the birth of modern insurance as we know it today is the Great Fire of London in 1666. This catastrophic event resulted in widespread destruction of property, leading to the development of modern insurance practices to mitigate the financial risks associated with such disasters. As a result, the concept of property insurance and the modern insurance industry began to take shape in response to the aftermath of the Great Fire of London.
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