
AdvanceChanged this version
Insurance Companies
A further reduction of risk came with the development of insurance. By paying a small fee to an insurance broker, merchants could protect themselves against catastrophic losses. This reduced risk of investment led to a subsequent flourishing of trade.
Joint Stock CompaniesAdvancerequiresAdvance tree
Modifiers
Definitionin_game/common/advances/0_age_of_revolutions.txt:210
212icon = genoese_banking_traditions








