Lloyd's of London is the oldest insurance company in the history of shipping.

Name: Lloyd's of London is the oldest insurance company in the history of shipping.
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Lloyd's of London, established in 1686, is not the oldest insurance company; insurance practices can be traced back to the Babylonians in 1750 BC and the first actual insurance company, the Insurance Office for Houses, was founded in 1667 in London by Nicholas Barbon.

Lloyd's of London Is the Oldest Insurance Company in the History